Universal basic income and guaranteed basic income programs offer unconditional, recurring payments. Basic income pilots are active in the US but have also been tried worldwide. Countries like Kenya ...

As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...

The concept of universal basic income has a long history. Figures like Martin Luther King Jr. and Richard Nixon supported versions of UBI. Now, the US and other countries have experimented with active ...

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 ...

Recent concern about the uncertain impacts of artificial intelligence has fueled renewed discussion of universal basic income (UBI). As in the past, much of the conversation depicts UBI as a policy ...

Kabir Dasgupta is currently a senior economist at the Federal Reserve Board, United States of America. The views here are authors' own and do not reflect those of the Federal Reserve Board of ...