Stockton Mayor Michael Tubbs, seen in 2012. | Hector Amezcua/Sacramento Bee/MCT via Getty Images
Stockton is conducting a basic income experiment — and the early results are in.
What would a needy person do if you gave them $500 a month, no strings attached?Stockton, California, is finding out. The city is eight months into an 18-month experiment with basic income, the idea that the government should give citizens a regular infusion of unconditional free cash. And it just released the first batch of data about how recipients are spending the money.It turns out, they’re mostly spending it on food, clothes, and […]
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