by Peter Knight | Feb 7, 2024 | News
Edited by Malcolm Torry, this second edition:
- Contains new chapters on peacebuilding, public health, pilot projects, and the history of basic income
- Presents a newly updated discussion of the important aspects of the Basic Income debate
- Assesses the effects of Basic Income schemes in five key areas
Read more about the book and/or purchase it by clicking here.
by Peter Knight | Jan 29, 2024 | News
In partnership with UpTogether, CHV launched a direct cash pilot in 2021, selecting fifty families via lottery from the CHV community to receive an unconditional $583 per month. With this two-year pilot program, Camp Harbor View joined a burgeoning national guaranteed income movement.
Pilot programs and studies in more than 100 cities nationally have shown that programs that offer a steady source of income for low-income or historically marginalized communities, with minimal strings attached, led to major leaps in wellbeing and opportunity.
A few highlights and impact stories from this pilot click here.
To read the report, click here.
by Peter Knight | Jan 24, 2024 | News
“A wave of experimentation in the way that U.S. cities, counties, and states support households with low incomes is sweeping the country, and Minneapolis is at the leading edge. While the backbone of America’s safety net—public health insurance, food benefits, and cash or social insurance for specific groups—remains in place, over 100 localities are testing what happens when low-income people are simply provided with income, no strings attached. Minneapolis’ guaranteed basic income (GBI) pilot program, initiated by city officials in 2021, uses federal pandemic support funds to give $500 a month to 200 low-income households for two years. One year in, GBI is creating measurable improvements in people’s lives.”
Read the full article here.
by Peter Knight | Dec 20, 2023 | News
Since launching in 2020, Mayors for a Guaranteed Income has grown its ranks from 11 to 125 US mayors. Building off of that momentum, Counties for a Guaranteed Income was launched this past February, led by co-chairs Cook County Board President Toni Preckwinkle, who is the first to promise a permanent program, and Los Angeles County Supervisor Holly J. Mitchell, who led the creation of Breathe: Los Angeles County’s Guaranteed Income Program, which is currently the largest in the nation. In less than a year, 30 county elected officials have joined the movement.
To read the report, click here.
by Peter Knight | Dec 19, 2023 | News, Research
Abstract: “What would be the consequences of a long-term commitment to provide everyone enough money to meet their basic needs? We examine this hotly debated issue in the context of a unique eld experiment in rural Kenya. Communities receiving UBI experienced substantial economic expansion|more enterprises, higher revenues, costs, and net revenues|and structural shifts, with the expansion concentrated in the non-agricultural sector. Labor supply did not change overall, but shifted out of wage employment and towards self-employment. We also compare the effects to those of shorter-term transfers delivered either as a stream of small payments or a large lump sum. The lump sums had similar, if not larger, economic impacts, while the short-term transfers had noticeably smaller effects, despite having delivered the same amount of capital to date. These results are consistent with a simple model of forward-looking lumpy investment, and more generally with a role for savings constraints, credit constraints, and some degree of (locally) increasing returns, among other factors.”
Read a summary of the report.
Read the full report.