the book
Shares in America
The Case for a Universal Basic Income
Shares in America - the Book
The Case for Universal Basic Income
America’s problem isn’t prices. It’s paychecks.
The United States is one of the richest countries in history, producing more than $190,000 in income per household. Shares in America asks a simple question: if rising productivity made the nation so wealthy, why aren’t most people sharing that prosperity?
Drawing on economic history and modern data, the book shows how technology, automation, and policy choices have weakened the link between work and income. Productivity soared, wages stagnated, inequality widened, and economic risk was pushed onto workers and their families. Traditional safety-net programs proved too limited, complex, and politically fragile to keep up.
Shares argues that the time has come to adopt a solution long supported by economists across the political spectrum: a universal basic income - “Shares in America.” By giving every American a direct stake in the nation’s productive wealth, UBI would reduce poverty, expand freedom, stabilize the economy, and ensure that technological progress benefits everyone.
Shares in America
About the author
Richard Frenkel gained his understanding of economics in both academic settings (at Boston University and MIT) and in real-world jobs (including working in a shoe factory, managing in the corporate world, and running a profitable IT firm). He’s written reports for MIT’s Center for Policy Alternatives and several books about world and US economics.
A longtime resident of Swampscott, Massachusetts, Richard regularly participates in town meetings and committees, where nonpartisan civic engagement is alive and well. He strongly believes that Americans can make our future better. He’d love to hear from you at SharesInAmerica.com.
What readers say
Insights from our supporters
Shares in America is a vital resource for anyone interested in Universal Basic Income. It offers clear insights and a compelling narrative that inspire readers to advocate for this important movement.
Karen Weiss
UBI Research Institute
As a newcomer to UBI discussions, this book has been enlightening. The FAQs section answered all my initial questions and encouraged me to dive deeper into the topic.
Chris Wei
Local University
The book provides an engaging overview of the UBI movement and empowers readers with knowledge. I found the resources and references particularly helpful for my advocacy efforts.
Brandon Vega
Citizens for UBI
