Commentaries Participants in universal basic income research increased their leisure, not their initiative.
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••• Free money makes people less likely to work. If common sense doesn’t convince you of that, a new study should.In July, a National Bureau of Economic Research paper looked at the effects of a guaranteed-income program run by two nonprofits. The initiative gave $1,000 a month for three years to 1,000 low-income individuals. As a control group, 2,000 individuals […]
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