In its nearly two decades of operation, GiveDirectly, the direct cash payment charity started by MIT and Harvard graduate students, has delivered more than $800 million to more than 1.6 million people ...

As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...

Some politicians and activists are eager to give you "free" money. They call it universal basic income (UBI)—cash for everyone, no strings attached. Comedian Dave Chappelle thinks UBI would "save my ...

The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.

We should have these debates, of course. But we should also feel grateful that the stakes are as modest as they are. In Poor Relief: Why Giving People Money Is Not the Answer to Global Poverty, Heath ...

The rise of artificial intelligence and robotics is forcing us to face something we’ve all sensed coming: millions of jobs are going to soon vanish. From factory floors to law offices, from truck ...

Musk envisions a future without the need to save money, claiming technological advancement will solve economic woes.

The Perfect Storm Hitting Generation X Almost 900,000 private sector employees have already lost their jobs and another ...

Musk predicted there will be a “universal high income (UHI)” and humans won’t need to work and will have all they need. In other words, you would have abundant resources, not just basic needs.

Cook County launches $500 monthly payments as Trump proposes eliminating income taxes, creating stark contrast between universal basic income and work.

Elon Musk dismisses Trump savings accounts, claiming AI will create 'universal high income' and eliminate poverty entirely, ...