economy / Work hours and income declined, despite receiving an extra $12,000/yr in subsidies
A team of researchers recently completed a comprehensive study on the effects of universal basic income (UBI) on American families, concluding that guaranteed income programs may have a negative net impact.
The study was conducted by researchers from the University of Toronto, the University of California, Berkeley, the University of Michigan, the University of Illinois, and OpenResearch Lab. They aimed to assess whether direct cash transfers could effectively alleviate poverty and provide beneficiaries with greater flexibility in purchasing necessities. Additionally, the team sought to determine […]
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