The highly-anticipated experiment with basic income from Silicon Valley finance firm Y Combinator appears to be making good progress. The company has chosen Elizabeth Rhodes as the project's Research Director, opting for the little-known PHD graduate over applications from tenured professors working at Oxford and Harvard universities. Oakland, California is where the basic income research will happen: the community has been chosen for its close proximity to Y Combinator's head office, and the much-reported wealth divide in the locality.
(Score: 3, Informative) by butthurt on Thursday June 02 2016, @07:08PM
In Switzerland, a national referendum on a guaranteed income is scheduled for 5 June.
http://www.dw.com/en/basic-income-forhttp://money.cnn.com/2016/05/24/news/economy/switzerland-guaranteed-basic-income/index.html-the-swiss/a-19016377 [dw.com]
Finland is going to test the idea next year with 10,000 people.
http://money.cnn.com/2016/05/24/news/economy/switzerland-guaranteed-basic-income/index.html [cnn.com]