$1,440,000 To Be Handed Out With No Strings Attached in Universal Basic Income Pilot

$1,440,000 To Be Handed Out With No Strings Attached in Universal Basic Income Pilot

A new Universal Basic Income (UBI) trial will test just how effective it is to hand out cash to everyday citizens.

The two-year trial will give away £1,600 ($2,013) per month to people in central Jarrow, northeast England and East Finchley, north London.

The test, which will send out a total of $1.44 million, will be conducted by the think tank Autonomy and will monitor 30 participants.Researcher Will Stronge tells TalkTV that Autonomy will track the impact that the handouts have on the test subjects’ overall health and well-being. “We’re really interested in finding out what the effect is of giving […]

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