Friday 22 September 2017

A Five-Year Basic Income Experiment is Finally Happening in the US: $2,000 a Month

A Five-Year Basic Income Experiment is Finally Happening in the US: $2,000 a Month

Y Combinator, the Silicon Valley technology startup-incubator that’s that offered early funding for Airbnb, Reddit, Genius, Twitch, and Dropbox, among others, has its eyes on a backing an even bigger potential disruption: basic income. This week, the company announced that its year-long feasibility study on basic income, using a few dozen people in Oakland, California, had come to an end. Its next logical step is altogether more ambitious...

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