AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryCalendarFAQRegisterLog in
 

 eBay founder is testing giving people free money

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

avatar

Location : Wabbit Hole
Job/hobbies : Cayman Islands Actuary

PostSubject: eBay founder is testing giving people free money   Tue Feb 14, 2017 9:09 pm

Support for Universal Basic Income has increased considerably in the past few years, sparked by stark changes in the labor landscape. The idea is simple, and it solves the question of how you’d earn money if machines are handling much of the labor load. Everybody receives a check, like Social Security, to supplement income.



There has never been any test of how well UBI works on a large scale, because of cost. And without data, the utility and best applications of UBI remain unclear.

To that end, on Tuesday, Omidyar Network, a “philanthropic investment firm” started by eBay (EBAY) founder Pierre Omidyar, announced an investment of up to $493,000 in GiveDirectly, a charity that facilitates cash transfers to poor people around the world.

GiveDirectly has set up a trial in Kenya to give 6,000 people enough money to avoid poverty for a decade to see what happens. (This money puts the Kenya project closer to its goal of being fully funded.)

https://au.finance.yahoo.com/news/pierre-omidyar-of-ebay-is-investing-nearly-500000-to-test-universal-basic-income-165336410.html
_________________
Anarcho Capitalists Retail , Molyneux Cult Watch Souvenir Mall , OZschwitz Downunder BoutiqueAnarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist, Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy
Back to top Go down
 

eBay founder is testing giving people free money

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-