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Michael Faye, “Basic income could transform society. But first, it needs to be tested”

Basic income is an issue which raises strong feelings on both sides of the debate; but can we really rely on untested assumptions? This is the question addressed by Michael Faye in an article published on LinkedIn.

Faye is the CEO and co-founder of Segovia, a technology company which works to make charitable payments safer and more effective. He is also chief executive and co-founder of the charity GiveDirectly, which is presenting conducting research into the effects of basic income in developing nations.

In this article, Faye argues that we must wait for genuine scientific evidence before making any sweeping statements about the pros or cons of basic income, and gives a brief overview of a 12-year study on basic income which is shortly to be launched by GiveDirectly.

Michael Faye, et al, “Basic income could transform society. But first, it needs to be tested,” LinkedIn, 27 May 2017.

Photo via Good Free Photos

About Claire Bott

Claire Bott has written 29 articles.

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The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

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