Basic income: $ 500 a month was enough to get homeless people off the streets

Basic income: $ 500 a month was enough to get homeless people off the streets

When the San Francisco Association began a pilot of universal basic income in February last year, giving a small group of homeless people $ 500 a month for six months, they did not expect that money to lead them to find housing in the city, where the average rent for a room above 3,000 Dollars a month. But today, six months after the experiment ended, more than two-thirds of those homeless people have managed to get by and no longer live on the street.

Pilots of universal basic income are growing rapidly. In Vancouver, Canada, for example, a group of […]

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