universal basic income

7 Stories

Jack Dorsey Spends Big on Universal Basic Income

Twitter CEO donates $5M to be distributed through Andrew Yang's program

(Newser) - Jack Dorsey, the billionaire CEO of Twitter and Square, is donating $5 million to the nonprofit created by Andrew Yang to make the case for a universal basic income in America. Dorsey, a donor to the former Democratic presidential candidate's campaign, announced the donation to Humanity Forward while appearing... More »

Spain Plans to Roll Out a Universal income

Authorities want it in place 'as soon as possible'

(Newser) - The coronavirus pandemic has catapulted the idea of a universal basic income—guaranteed payments from the government to all citizens—from the fringes to the mainstream in countries including Spain, which has pledged to roll one out as soon as it can. Economy Minister Nadia Calvino said Sunday night that... More »

Yang: WH Tapping My Brain on Cash-for- Americans Plan

Trump administration, mulling payment to each US adult amid pandemic, seems to want Yang's advice

(Newser) - Front and center of Andrew Yang's 2020 campaign was his "Freedom Dividend" concept—a $1,000 universal basic income payment given monthly to every American adult to "help solve economic inequality by giving workers a financial safety net, bolster innovation, and pay people for household domestic work,... More »

For Andrew Yang, a 'Natural Next Step'

Ex-presidential candidate sets up Humanity Forward nonprofit

(Newser) - Even though his presidential bid is officially kaput, Andrew Yang isn't done talking about some of the ideas he advanced during his run—and he wants to make sure everyone's still listening. He's taken what he tells the New York Times is the "natural next step"... More »

Billionaire to Dole Out $9M in 'Serious Social Experiment'

Japanese entrepreneur Yusaku Maezawa wants to see if $9K will make 1K lucky winners happier

(Newser) - Money supposedly doesn't buy happiness, but a Japanese billionaire thinks it might at least cheer some people up. Just a couple of weeks after Zozo founder Yusaku Maezawa donated more than $18 million to a Japanese city hit hard by a typhoon, the fashion-minded entrepreneur is back in the... More »

Yang Announces $120K Giveaway

He says 10 Americans will win $1K a month

(Newser) - Andrew Yang made waves in the Democratic debate Thursday night with an unusual promise in his opening statement. The candidate said he would give away a total of $120,000 to people who registered to win "Freedom Dividends" at his campaign website , reports Politico . Yang, an entrepreneur, has promised... More »

In Experiment, Calif. City Gives 125 Residents $500 a Month

Stockton tries out 'universal basic income'

(Newser) - Democratic presidential candidate Andrew Yang wants to give cash to every American each month. Susie Garza has never heard of Yang. But since February, she's been getting $500 a month from a nonprofit in Stockton, Calif., as part of an experiment that offers something unusual in presidential politics: a... More »

7 Stories
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