Economics in Brief: Chelsea Basic Income Experiment Hopes To Break the Cycle of Poverty

Economics in Brief: Chelsea Basic Income Experiment Hopes To Break the Cycle of Poverty

Chelsea Basic Income Experiment Hopes To Break the Cycle of Poverty

The city of Chelsea, Mass., is rolling out a new experimental pilot program that will give low-income residents “no strings attached” monthly checks, reports the Boston Globe.

Chelsea is one of the poorest cities in the state, and a coronavirus hotspot , which makes it a perfect guinea pig for the program, reports the Globe. Universal basic income experiments have been gaining momentum in the U.S., with Stockton, California as the exemplar. Andrew Yang also popularized the concept during his run as Democratic presidential candidate. The plan is an […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.