A basic income trial in Stockton, California has concluded, and the preliminary results are in. So, what can we learn from the experiment?
For the 125 people randomly selected to take part in the trial, it probably sounded too good to be true: $500 (£360) paid into their accounts every month for two years, no strings attached.
The trial in question was the Stockton Economic Empowerment Demonstration (Seed), a two-year basic income experiment in the Californian city of Stockton. The scheme was conceived to confront two global issues that are especially acute in the city of 320,000: poverty and income inequality.Unkindly […]
Full Post at www.positive.news