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Universal Basic Income: Wild Experiment or the Solution to Poverty?

Universal Basic Income: Wild Experiment or the Solution to Poverty?
Stockton, Calif., and tech entrepreneurs are exploring whether access to a no-strings paycheck has the potential to end poverty.
May 14, 2021 •
Mayor Tubbs’ office has partnered with the Reinvent South Stockton Coalition and the Economic Security Project — co-chaired by Facebook co-founder Chris Hughes — to launch the Stockton Economic Empowerment Demonstration (SEED). Starting in early 2019, 100 Stockton residents will receive $500 a month for 18 months. The goal is to document the effect of a guaranteed income on their quality of life.
Natalie Foster, co-chair of the Economic Security Project, first met Mayor Tubbs at a conference last year, where he told her that he had been interested in universal basic income since reading Dr. Martin Luther King Jr.’s book,

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The Raven

The Raven
...the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
- Milton Friedman on the Phil Donahue show
"...What has always made the state a hell on earth has been precisely that man has tried to make it his heaven"
-F.A. Hayek -
The Road to Serfdom
The powers delegated by the proposed Constitution to the federal government, are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peace, negotiation, and foreign commerce; with which last the power of taxation will, for the most part, be connected. The powers reserved to the several States will extend to all the objects which, in the ordinary course of affairs, concern the lives, liberties, and properties of the people, and the internal order, improvement, and prosperity of the State.

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