Money | Image by MohamedSherif1/Shutterstock (Texas Scorecard) – The results of a three-year program by the National Bureau of Economic Research show that guaranteed income worsened the quality of life for recipients.
ChatGPT founder Sam Altman and the National Science Foundation helped fund “the largest unconditional cash transfer program evaluated by a randomized controlled trial (RCT) in the U.S. to date in terms of the amount disbursed.”
A test group of 1,000 people received an extra $1,000 monthly, while a control group of 2,000 participants received an extra $50 monthly.The study spanned rural, suburban, and urban locations in ten counties […]
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