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3 mins read

A $2.30-a-day basic income trial is trying to save the Amazon rainforest

Universal basic income is usually aimed at social or economic benefits. But a $2.30-a-day trial in …

Mia Jankowicz   


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4 mins read

Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?

This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…

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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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2 mins read

India’s largest bank bats for the government’s proposed cash handouts to farmers but says they must be unconditional

The annual cost of the cash transfer programme, excluding implementation costs, is pegged at ₹…

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2 mins read

Homeless people in Vancouver were given $5,500 cash, no strings attached. They used it to secure housing and even start saving.

Homeless people in Vancouver got a lump sum of $5,500, no strings attached. How they used the cash …

Lloyd Lee   


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3 mins read

Here’s what Modi government can learn from Odisha’s direct cash transfer scheme

Around 92% of the state’s farmers - from sharecroppers to large-holding farmers - are eligib…

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8 mins read

NFTs may finally leverage India's fandom for Korean drama and music, which Indian brands have failed to cash in on

For most fans, the affair with South Korean culture began with Korean popular music (K-pop) and …

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2 mins read

The largest cash transfer program in the US just got a huge vote of confidence

"The Permanent Fund Dividend has long stood as a potential model for how other universal basic inco…

Chris Weller   


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2 mins read

Here's more evidence that giving people unconditional free money actually works

Data came from the NGO GiveDirectly, which for the last five years has been wiring small amounts of…

Chris Weller   


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2 mins read

Kabul is in gridlock as desperate Afghans try to flee the capital after the Taliban take power

The Taliban are preparing for "peaceful transfer" of power after entering the outskirts of the Afgh…

Sophia Ankel,Alia Shoaib   


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3 mins read

A California city gave some residents $500 per month. After a year, their unemployment rate had dropped, while the control group's rose.

The group that didn't receive the stipends saw unemployment rise from 14% in February 2019 to 15% i…

Aria Bendix   


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1 min read

JSW Energy inks pact to restructure Rs 752 cr debt on JPVL

"Further, JPVL and the company have agreed to waive their respective rights to receive any payments…

PTI   


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37 mins read

Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step.

Corizon Health, facing mounting debt, executed a controversial bankruptcy maneuver. Hundreds of pri…

Nicole Einbinder,Dakin Campbe…   


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5 mins read

The case for a no-strings-attached monthly payment to help families get back on their feet after the pandemic, according to an economic security expert

"Giving people cash works," writes Natalie Forster, describing a Stockton, California program that'…

Natalie Foster   


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4 mins read

One of the world's largest basic-income trials, a 2-year program in Finland, was a major flop. But experts say the test was flawed.

In an article for Jacobin, Jimmy O'Donnell, a senior research assistant at The Brookings Institutio…

Aria Bendix,Aria Bendix   


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4 mins read

Sorry Andrew Yang, the math is clear: universal basic income is a terrible idea

Cutting a wide array of existing programs - such as the earned income tax credit (EITC), child tax …

Melissa Kearney,Magne Mogstad   


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2 mins read

Iran tried its own basic income scheme - and people didn't give up working

"As more oil exporting countries decide to remove energy subsidies, or for political economy reason…

Chris Weller   


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3 mins read

A Kenyan woman shares how a free $850 lifted her out of poverty for good

There's no data to show whether richer countries see the same effects of cash transfers, but at lea…

Chris Weller   


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1 min read

Universal Basic Income could feature in the next economic survey, says India’s Chief Economic Advisor

"The idea is gaining a lot of resonance all over the world, especially in India. So you are really …

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3 mins read

A revolutionary experiment in giving 6,000 people free money may run into a fatal problem

Le says the organization considered cutting its losses and leaving Homa Bay in search of more welco…

Chris Weller