Tag Archives: Poverty

To mitigate poverty, Y Combinator set to launch minimum income plan

(credit: Jaegar Moore)

OAKLAND, Calif.—Earlier this month, Y Combinator, the famed Silicon Valley incubator dropped a bombshell: it had selected this city to be the home of its new "Basic Income" pilot project, to start later this year.

The idea is pretty simple. Give some people a small amount of money per month, no strings attached, for...

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Poverty stunts IQ in the US but not in other developed countries

(credit: Pete/Flickr)

As a child develops, a tug of war between genes and environment settles the issue of the child's intelligence. One theory on how that struggle plays out proposes that among advantaged kids—with the pull of educational resources—DNA largely wins, allowing genetic variation to settle smarts. At the other end of the economic spectrum, the...

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