Summary: The world’s largest basic income experiment, conducted in Kenya, has released its first set of results. The program, known as GiveDirectly, provided unconditional monthly payments to over 20,000 individuals in rural areas for a period of 12 years. The results indicate that the basic income had a significant positive impact on poverty reduction, health, and education outcomes. This research marks an important step towards understanding the potential benefits of a universal basic income and its effects on individuals and communities.
In a randomized controlled trial, participants were selected to receive either the basic income or not. The findings revealed […]
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