Posts Tagged ‘ubi’

Cash Transfers and Hurricane Relief

Cash Transfers and Hurricane Relief

By The Banker | Blog Posts, Texas

In response to the extraordinary needs of their city after Hurricane Harvey, Houston philanthropists John and Laura Arnold first gave $5 million to the “Greater Houston Community Foundation’s Hurricane Harvey Relief Fund,” aka the “Mayor’s Fund.” Following that gift, however, the couple made a second $5 million gift to an atypical organization named GiveDirectly one […]

UBI - That Radical Right-Wing Idea?

UBI – That Radical Right-Wing Idea?

By The Banker | Blog Posts, Inequality, Taxes, Texas

Last week’s post — on a poverty eradication experiment in Africa of giving no-strings-attached cash — was a bit of a Trojan horse for this week: UBI is the idea of granting all adults a small amount of income, for life. UBI is having a moment right now. Finland launched an experiment in 2017 to address joblessness with […]