8 years ago
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What If We Just Gave Poor People a Basic Income for Life? That’s What We’re About to Test.
The organization that we founded, GiveDirectly, has decided to try to permanently end extreme poverty across dozens of villages and thousands of people in Kenya by guaranteeing them an ongoing income high enough to meet their basic needs—a universal basic income, or basic income guarantee.
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http://www.slate.com
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Basic Income
Basic income is an idea that's been talked about for decades and is currently being hotly debated around the globe, but it's never actually been fully tried and tested. So we're going to do it and study it.
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This is awesome. This is exactly the kind of entrepreneurship at the world needs. Giving people (or countries!) money with conditions attached has rarely solved any problem. People (and countries) want to be successful, they're not all drunken vagrant drug addicts as some people would want you to believe. That sort of people is more often found in the government.