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. The grant, from the Economic Security Project, is a privately funded experiment in “universal basic income,” a policy idea crafted from the premise that every citizen should receive a regular stipend from the government to cover their basic needs.
Thomas Paine wrote about this. The same guy who said “The most formidable weapon against errors of every kind is reason.”
- Tags: Politics