The concept of universal basic income, which has received a boost from economic conditions during the pandemic, has just received another favorable vote.
This one comes from a study of a two-year guaranteed income project in Stockton, Calif., which delivered monthly no-strings-attached checks of $500 to 125 mostly low-income residents.
A preliminary analysis of the first year of the program, through February 2020, found that recipients were "healthier, showing less depression and anxiety and enhanced well-being" than those in a control group not receiving the stipends.They also experienced less month-to-month fluctuations in household income. Most notably, they had greater success finding […]
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