Andrew Yang is launching a nonprofit to make universal basic income a reality
Andrew Yang's $1,000 promise may be coming to a town near you.
The entrepreneur is following his failed 2020 bid with a nonprofit dedicated to bringing his signature campaign promise to life, Yang announced Thursday. Humanity First will turn one New York town into a testing ground for the universal basic income Yang constantly promised during his run, along with other initiatives that make the nonprofit basically an extension of Yang's campaign.
In a beta version of Yang's so-called "freedom dividend," Humanity First — a name borrowed from one of Yang's campaign slogans — will give $500,000 to a to-be-determined town in the form of $1,000-per-month checks for each resident. Also on Humanity First's list is a "data dividend" program that will use its funds to protect people's data privacy rights.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The funding for the UBI initiative comes from venture capitalists, entrepreneurs, and even a professional poker player, as well as some anonymous donors, The New York Times reports. So far, Humanity First has received $3 million in pledges to make the UBI pilots work. "My hands were tied as a political candidate to some extent," Yang told the Times, so now he has a chance to "get to work" and actually give his policies a whirl.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
The best books of 2024 to give this Christmas
The Week Recommends From Percival Everett to Rachel Clarke these are the critics' favourite books from 2024
By The Week UK Published
-
Parmigianino: The Vision of St Jerome – masterpiece given 'new lease of life'
The Week Recommends 'Spectacularly inventive' painting is back on display at the National Gallery
By The Week UK Published
-
5 unidentifiable cartoons about drones over New Jersey
Cartoons Artists take on national priorities, national security, and more
By The Week US Published
-
Putin says Russia isn't weakened by Syria setback
Speed Read Russia had been one of the key backers of Syria's ousted Assad regime
By Peter Weber, The Week US Published
-
Georgia DA Fani Willis removed from Trump case
Speed Read Willis had been prosecuting the election interference case against the president-elect
By Rafi Schwartz, The Week US Published
-
Democrats blame 'President Musk' for looming shutdown
Speed Read The House of Representatives rejected a spending package that would've funding the government into 2025
By Peter Weber, The Week US Published
-
Trump, Musk sink spending bill, teeing up shutdown
Speed Read House Republicans abandoned the bill at the behest of the two men
By Peter Weber, The Week US Published
-
Congress reaches spending deal to avert shutdown
Speed Read The bill would fund the government through March 14, 2025
By Peter Weber, The Week US Published
-
Luigi Mangione charged with murder, terrorism
Speed Read Magnione is accused of murdering UnitedHealthcare CEO Brian Thompson
By Peter Weber, The Week US Published
-
Ex-FBI informant pleads guilty to lying about Bidens
Speed Read Alexander Smirnov claimed that President Joe Biden and his son Hunter were involved in a bribery scheme with Ukrainian energy company Burisma
By Rafi Schwartz, The Week US Published
-
South Korea impeaches president, eyes charges
Speed Read Yoon Suk Yeol faces investigations on potential insurrection and abuse of power charges
By Peter Weber, The Week US Published