The New Jersey Basic Income Experiment of the 60s-70s

In the 60s and 70s there were several Basic Income Experiments conducted in the USA. The first of these experiments was known as the New Jersey Income Maintenance Experiment. This experiment was the “Founding Experiment” for Mathematica, a company that performs public policy research and is still operating in Princeton, NJ, and that has recently celebrated its 50th anniversary. In this piece, I present a summary of the NJIME in case that is of interest for those of you studying or interested in the idea of Basic Income.