The NYC mayoral candidate talked with entrepreneur and venture capitalist Nick Hanauer, one of the early leading voices in the Fight for $15.
The press secretary for Andrew Yang’s Humanity Forward organisation told Insider that the group has discussed potential recurring economic relief with the incoming Biden administration. Yang has long been a proponent for universal basic income (UBI), making it a key plank of his presidential campaign. Humanity Forward was created to, […]
Bill Ackman, the chief executive of the hedge fund Pershing Square Capital Management, says the American dream has become a “disappointment” for many because of economic inequality. In The New York Times’ DealBook, Ackman says the wealth that upper-middle class and rich Americans generate from equity and other investments has […]
Andrew Yang’s nonprofit, Humanity Forward, is joining with a group called The $US1K Project to give $US1,000 a month for three months to struggling families in the US. Yang’s nonprofit pledged to match donations to the $US1K Project up to $US1 million. “If people want to give to a struggling […]
Nobel Prize-winning economist Joseph Stiglitz said in an interview with CNBC that US stimulus programmes have “failed, and we have to admit that.” The US has launched $US2 trillion worth of stimulus, and another $US3 trillion package is set to be voted on by the Senate. Stiglitz, who won a […]
Former presidential candidate Andrew Yang is launching a universal basic income project in Hudson, New York. Twenty residents, who have yet to be selected, will receive $US500 a month for five years. The starting date will likely be this fall. Yang said he hopes this type of project happens across […]
Rep. Tim Ryan, a moderate Democrat from Ohio, told Business Insider that Democrats need to be bold and include more aggressive stimulus measures in their next response to the pandemic. “I want everybody to say, ‘Look, Democrats understood what I was going through, and they pushed hard,'” Ryan said in […]
Democrats have a plan to give monthly $US2,000 checks to every American over 16 who makes less than $US130,000 until unemployment is back to pre-coronavirus levels. Finally! A proposal that recognises that this pandemic will significantly depress economic activity even after we’re out of lockdown. Thanks to high unemployment, continued […]
The Emergency Money for the People Act, introduced by Reps. Tim Ryan and Ro Khanna, would give $US2,000 a month to Americans over the age of 16 who make less than $US130,000 a year. The payments would continue for at least six months and would last until unemployment falls to […]
As Congress debates providing American workers with direct cash transfers, one non-profit is taking matters into their own hands and giving needy Americans cash immediately. The non-profit organisation GiveDirectly is mailing Americans enrolled in the Supplemental Nutrition Assistance Program (SNAP) $US1,000 on debit cards beginning with 200 recipients next week. […]
Sen. Bernie Sanders is proposing that each US household receive a cash payment of $US2,000 until the COVID-19 crisis is resolved. The proposal comes in the wake of a proposal from Sen. Mitt Romney, who on Monday suggested a one-time payment of $US1,000 to all US adults. “There’s increasing agreement […]
Sen. Tom Cotton of Arkansas became the latest Republican to come out in favour of cutting a check to the American people amid the coronavirus outbreak. Andrew Yang based his entire presidential campaign on a long term version of the idea – known as Universal Basic Income or UBI – […]
Universal Basic Income, or UBI, is a hot topic. The idea would give all Americans a check, no questions asked, every month. Democratic presidential candidate Andrew Yang has made giving everyone $US1,000 a month the centrepiece of his 2020 campaign, and other candidates including Sen. Elizabeth Warren have said they’re […]
Entrepreneur and Democratic 2020 presidential candidate Andrew Yang got the least speaking time of any of the candidates on stage in the first round of Democratic debates. Yang was asked only two questions individually in the two-hour debate, and spoke the least of any candidate, talking for just two minutes […]
A new report on universal basic income (UBI) questions whether the system can achieve its aim of alleviating poverty and reducing inequality. The New Economics Foundation think tank argues that the project cannot be both affordable and effective. It cited figures suggesting that UBI funding would cost between 20% and […]
2020 Democratic presidential candidate Andrew Yang, a New York-based entrepreneur, joined Business Insider Today for a live town hall. In addition to discussing his policy plans, Yang answered questions from an in-person audience and comments section in the Facebook live-stream. The questions spanned a range of disparate topics such as […]
Andrew Yang is an entrepreneur, author, and 2020 Democratic presidential candidate. He’s passionate about providing every American with a universal basic income of $US1,000 a month, saying that would help the working class adjust to an increasingly automated economy. Yang recently spoke with INSIDER’s politics editor, Anthony Fisher, about universal […]
Most Americans are making less money than they did last year. Economic insecurity is rising. Policy decisions could help bolster economic security as robots and automation are added into the mix. Basic income and a jobs guarantee are two possible solutions. Even with record low unemployment and corporate profits increasing, […]
DAVOS -- Professor Guy Standing today told...
LONDON -- The Indian government is set to...
I have been UBI-curious in the past. But after...
The idea of a universal basic income is gaining...
« Previous Page