The trial of Basic Income in Stockton, California has ended with preliminary results. So what can we learn from the experiment?
For 125 randomly selected to attend the trial, that would have sounded too good to be true. $ 500 (£ 360) was paid to their account every month for two years and there was no string attached to them.
The trial in question was a two-year Stockton Economic Empowerment Demonstration (Seed). Basic income Experimented in Stockton, California. The plan was devised to address two particularly serious global problems in a city of 320,000 people: poverty and income inequality.Unfriendlyly crowned “America’s […]
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