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The polity that is Sikkim

Summary:
High in the Himalayas, Sikkim is one of the tiniest states in India. But it is about to embark on an experiment of global interest. Sikkim’s ruling party has announced an ambitious plan to implement a universal basic income for every one of its 610,577 citizens. If successful, the scheme would represent the largest trial run anywhere in the world… Here is the WaPo article, overall I am most bullish about the UBI idea for very poor countries, where the humanitarian upside is greater and the incentive to work still remains.  Elsewhere, Buddhist poker player donates 0,000 to charity. The post The polity that is Sikkim appeared first on Marginal REVOLUTION.

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High in the Himalayas, Sikkim is one of the tiniest states in India. But it is about to embark on an experiment of global interest.

Sikkim’s ruling party has announced an ambitious plan to implement a universal basic income for every one of its 610,577 citizens.

If successful, the scheme would represent the largest trial run anywhere in the world…

Here is the WaPo article, overall I am most bullish about the UBI idea for very poor countries, where the humanitarian upside is greater and the incentive to work still remains.  Elsewhere, Buddhist poker player donates $600,000 to charity.

The post The polity that is Sikkim appeared first on Marginal REVOLUTION.

Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.

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