A behavioral economist explains how basic income can work in the US

A behavioral economist explains how basic income can work in the US

Stacks of cash and the World Series of Poker championship bracelet are placed on a table during the WSOP main event at the Rio All-Suite Hotel and Casino in Las Vegas November 8, 2011. REUTERS/Las Vegas Sun/Steve Marcus

There’s a debate swirling in certain economic circles over a thought experiment: If you give free money to people in poor Kenyan villages and they use it improve their lives, can you expect the same outcome in a random sampling of people in the United States?

After all, impoverished villages differ wildly from a grab bag of Americans, and what might work in […]

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