A California mayor is launching a universal basic income experiment that will pay some city residents $500 monthly

Business Insider -

Business Insider—Jane Ross/Reuters Mayor Michael Tubbs is testing universal basic income, which has recently gained popularity among politians. Tubbs proposed a plan to give a $500 monthly stipend to a select group of residents, in an effort to combat poverty in his city of Stockton, California.  The trial project will begin in early 2019, funded by The Economic Security Project, a philanthropic network co-chaired by Facebook co-founder Chris Hughes. STOCKTON, Calif. — Michael Tubbs, the 27-year-old mayor of...

Calif. City Gives Residents $500 A Month – “No Strings”. Meant to study effects of universal basic income