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The debate about basic income, according to Guy Standing, has gone in two directions in the United States in recent years. On the one hand is the introduction of basic income as an alternative to existing social policies, paid from direct taxation, and on the other hand is a discussion about capital funds with basic income-style dividends. [17]
Beginning in the end of 1960s, there were four universal basic income experiments conducted in the United States, all in the form of NITs.As Alicia H. Munnell, who was examining the experiments in Indiana, Seattle and Denver explains, [1] a moderate reduction in work effort (17% among women, 7% among men) has been found by the American economist Gary Burtless.
The top researcher for a major study on guaranteed basic income says the findings are "nuanced." The study, backed by Sam Altman, gave $1,000 a month to 1,000 low-income participants.
”Our local community did not let the state’s decision to leave the Central Valley out of its Guaranteed Income Pilot Program funding in 2022 end the vision to implement this anti-poverty idea ...
Basic income programs continue to ripple across the US. But some experts say there's a policy that's even better than free cash: guaranteed jobs. Forget free cash, there's an even more American ...
The most often noted outcome of the second wave of basic income support in the United States has been the four basic income experiments (see below) conducted by the U.S. government at the time but arguably expansions of Food Stamps and the Earned Income Tax Credit and creation of the Alaska Dividend (see below) were all outcomes of the debate.
Austrian economist Friedrich Hayek advocated a guaranteed minimum income in his 1944 book The Road to Serfdom, and reiterated his support in his 1973 book Law, Legislation and Liberty. [127] [128] Tony Atkinson - British economist, Centennial Professor at the London School of Economics, and senior research fellow of Nuffield College, Oxford. [129]
Politicians and activists have increasingly supported UBI and guaranteed income programs, which give participants funding without strings attached.