A number of versions of this idea have been proposed. There have also been a number of experiments with the idea, and at least one very rigorous study of the effects. I’ll get to some of that below.

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.

Each year on the holiday that bears his name, Martin Luther King Jr. is remembered for his immense contributions to the ...

Oregon's universal basic income measure failed, with 78.8% of voters opposing the policy. The measure proposed giving $1,600 annually to state residents, funded by a corporate tax increase. Basic ...

New York City is one of many areas across the country offering guaranteed basic income to low-income residents.joSon/Getty Images Guaranteed basic income programs can help low-income participants ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. What would it be like to have all your basic needs met ...

A new comparative study on minimum income protection by the Max Planck Institute for Social Law and Social Policy reveals that, in many countries, minimum income schemes remain far from meeting their ...

Cook County, which includes Chicago, ran a two-year basic income experiment in 2022. During the pilot, thousands of residents received $500 a month to spend however they wanted. The county has now ...

Income inequality between countries may have eased in recent decades, but the gap within nations continues to widen. Take France: Its poverty rate clocked 15.4 percent in 2023, th ...