Germany Will Give People $1,400 Each Month In New Universal Basic Income Experiment

Germany Will Give People $1,400 Each Month In New Universal Basic Income Experiment

Germany is starting a new Universal Basic Income (UBI) experiment for a small number of citizens, who will be getting monthly payments of €1,200, or about $1,400 as a part of a study to see how effective this type of program can be. For the study, 120 volunteers will be getting the monthly payments, and their experiences will be compared with 1,380 other people who do not receive the payments. The study has been funded entirely through independent donations, which about 140,000 people contributed to, and will not require any funds from taxpayers, according to Business Insider.

The study […]

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