Illustration: Brendan Lynch/Axios Unconditional cash transfers can be transformative in very poor countries. Is the same true for poor Americans? Two recent studies have attempted to find out — with mixed results.
Why it matters: Cash benefits are the relatively affordable first step toward the dream of a universal basic income where every American is given enough to live on. Until now, however, there has been relatively little hard data on how effective they are in the domestic context. These two studies are unlikely to change anybody’s mind one way or the other.
Driving the news: OpenResearch, a nonprofit […]
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