Andrew Spira Backs Universal Basic Income As Vancouver Study Reveals Decreased Homelessness And Increased Savings

Andrew Spira Backs Universal Basic Income As Vancouver Study Reveals Decreased Homelessness And Increased Savings

Universal Basic Income (UBI) proponent Andrew Spira calls for broader implementation of UBI programs following remarkable outcomes from a Vancouver-based experiment.

In this initiative, fifty homeless individuals received a one-time payment of CAD $7,500 (approximately USD $5,500), leading to significant personal and financial improvements. The program, monitored by the University of British Columbia and the Foundations for Social Change, aimed to assess the impact of unconditional cash transfers on homelessness.The findings, published in the Proceedings of the National Academy of Sciences, revealed that recipients of the cash spent 99 fewer days unhoused compared to those who did not receive the […]

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