Universal basic income

Marshall Islands flag

Marshall Islands launches national universal basic income

The Republic of the Marshall Islands has pioneered a new economic model with the launch of the Sovereign (SOV). This national digital currency funds a Universal Basic Income, providing citizens with quarterly payments of roughly $200 USD. Operating a dual-currency system, the scheme allows residents to receive these automatic dividends in digital SOV or instantly convert them to US dollars for daily needs. This innovative approach provides a stable financial safety net while promoting long-term economic independence.

Muralist painting

Ireland secures creative future with permanent basic income for artists

Ireland has cemented its role as a global cultural leader by making its basic income pilot for artists a permanent national policy. This historic commitment guarantees a stable foundational income for thousands of creative workers. This economic security removes pressure and allows artists to fully dedicate themselves to innovation. The program affirms that art and culture are essential public goods and vital to the national economy.

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Pittsburgh launches ‘guaranteed income’ program with Jack Dorsey donation

Pittsburgh Mayor Bill Peduto announced that his city is now joining 15 other American cities in a program receiving funding from Twitter CEO Jack Dorsey, in which eligible residents will receive $500 in monthly “guaranteed income.”

The money used to start the program will come from funds Dorsey gave that is allowing Pittsburgh and 15 other cities to help those who are struggling during the economic crisis brought about by the coronavirus pandemic.