Universal basic income was once thought politically impossible. Then came Andrew Yang and COVID-19. Basic income programs are now gaining traction, offering payments to struggling families. Many ...
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As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...
Free money makes people less likely to work. If common sense doesn’t convince you of that, a new study should. In July, a National Bureau of Economic Research paper looked at the effects of a ...
As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...
Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. The global economy stands at an inflection point. While ...
Universal basic income (UBI) provides regular payments to all individuals in a community, regardless of their employment status or financial need. The idea is that when everyone has enough money to ...
Elon Musk has started talking less about universal basic income and more about what he calls "universal high income," a future in which he says there will be "no poverty" and little reason to save ...
The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.
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