Jack Dorsey is giving Andrew Yang $5M to build the case for a basic income

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by gpm on Thursday May 21, 2020 @02:27PM (#23262698)

So... let's say 500k people, 10k a year, 10 years, that's 50 billion dollars.

That's... not a small test. That's a small city deciding to go all in on trying it.

[ Parent | on HN ]

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @02:30PM (#23262772)

Yes, but you need a self-contained economy to test and prove things out.

[ Parent | on HN ]

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by monocasa on Thursday May 21, 2020 @03:08PM (#23263429)

There are no self contained economies anymore.

[ Parent | on HN ]

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @04:39PM (#23264866)

Can I apply for gov benefits from a neighboring staate I don’t have permanent resident status?

[ Parent | on HN ]

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by monocasa on Thursday May 21, 2020 @04:59PM (#23265237)

That doesn't make it a "self contained economy"

[ Parent | on HN ]

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @05:03PM (#23265291)

I think for the purposes of UBI it’s enough of a criterion.

Implicitly I was contesting it against say trying it for a county or other political subdivision like state/province/canton. By state I meant sovereign state/nation.

[ Parent | on HN ]