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One of the proposals championed during the 2020 Democratic primary was a baby bond, which would create steadily growing accounts for each child that they could access when they turn 18. Jamie Morgan, a PhD student at the Heller School of Social Policy, worked with podcast co-host Jim Pugh to model how such a program would drastically reduce income and asset poverty when combined with a basic income. Jamie joined the podcast to discuss this concept and the promise it holds.
Link to the full report: Accelerating Equity and Justice: Basic Income and Generational Wealth.
Link to the full report: Accelerating Equity and Justice: Basic Income and Generational Wealth.
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The Stockton SEED demonstration has drawn national attention as a modern basic income trial. Recently, we got the first reports from basic recipients there, who are receiving $500 a month, funded by the Economic Security Project. The results back up a lot of what we've already seen from cash tra ...
While there is much excitement around the various basic income pilots in progress or under consideration in the U.S. and around the world, it is worthwhile to ask what their value is, and how we can design them to maximize their value. Michael Stynes, CEO of the Jain Family Institute, and Steve ...
For most of the late 20th century, having a job provided you with enough financial security to have a decent life in the United States. But today, millions of American workers are living in extreme precarity, just one emergency expense away from financial destitution. A new initiative called the ...
If we were to fund a basic income of $1,000 a month with a wealth tax, a carbon tax, some program consolidation and deficit spending, how much would your bank account increase or decrease after your income and current government assistance are factored in? A new project, the UBI Calculator (ubic ...
While Andrew Yang has brought basic income to the national stage, we are seeing more and more state and local politicians exploring the idea as well. One of them is Morgan Harper, who is seeking to represent Ohio's 3rd Congressional District. Harper is running on a number of transformative polic ...
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