A guaranteed basic income program in Minneapolis found that even after a year of giving recipients $500 a month, they weren’t working any less

A guaranteed basic income program in Minneapolis found that even after a year of giving recipients $500 a month, they weren't working any less

Economy A guaranteed basic income program in Minneapolis found that even after a year of giving recipients $500 a month, they weren’t working any less

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Read in app Monthly payments to low-income families have helped them prosper, according to initial results. Minneapolis’s guaranteed basic income program has shown promising results after a year. The two-year GBI program gives $500 monthly to 200 low-income families, no strings attached. Researchers found the payments boosted financial stability and didn’t cause recipients to work less. The city of Minneapolis is experimenting with a guaranteed basic income […]

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