(Credit: Unsplash) This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum .
Author: Sean Fleming, Senior Writer, Formative Content 125 people in the US city of Stockton received monthly payments of $500 for two years.
At the start of the project, 28% of the recipients were in full-time work; that rose to 40% a year later. Mental health also improved. But universal basic income still has its detractors who claim it provides ‘a false hope’. Giving people money can encourage them to become more economically productive.This seemingly counterintuitive […]
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