Pierre Omidyar’s philanthropic organisation is supporting a small pilot in a few Kenyan villages which will become the largest basic income experiment in history. Reuters Omidyar Network, the philanthropic investment arm started by eBay founder Pierre Omidyar, has invested US$493,000 (NZ$682,000) into an experiment giving people in Kenya free money.
The experiment, put on by the charity GiveDirectly, tests an up-and-coming solution to poverty known as basic income. People under basic income receive a set amount of money on a regular basis to cover expenses like rent, food, and clothing.
GiveDirectly is running a small pilot in just a few Kenyan […]
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