A major experiment is giving Kenyan villagers free money for 12 years — here’s what they say it’s like

A major experiment is giving Kenyan villagers free money for 12 years — here's what they say it's like

Chris Weller/Business Insider For the last 14 months, a group of 95 people in a Kenyan village have received about $22 a month from the charity GiveDirectly .

The money, which villagers are free to use however they want, is part of an experiment in universal basic income , or UBI. The idea is a radical solution to poverty that involves people getting regular paychecks, in exchange for nothing, to help them cover basic costs.

In November 2017, GiveDirectly expanded the 95-person trial to a much larger study of 16,000 people, many of whom will receive money for the next 12 […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.