Jessica Rinaldi/The Boston Globe via Getty Images Money can buy you food, housing and other necessities, but cash handouts don’t result in better health.
That’s according to a study published last month by the National Bureau of Economic Research of a guaranteed income program that gave people $1,000 every month over three years to spend as they wished.
Across the U.S., guaranteed income programs have gained traction as a strategy to alleviate poverty and address income gaps, with more than 150 programs across 35 states announced since 2017, according to the Economic Security Project. The initiatives provide people, typically low-income, with […]
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