6 years ago
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What Happens When Every Citizen Receives a Universal Basic Income
Later this year, Stockton, a city in California with a 25% poverty rate, will conduct an unusual experiment: Roughly 100 of its citizens will receive $500 a month for 12-18 months, with no work requirements and no strings attached. Researchers likely will regularly assess the recipients’ health, childcare arrangements, education, and general well-being in order to measure how this kind of financial leg up affects quality of life.
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The article mentioned, but failed to answer the very basic and important question of - where do the funds originate from?