This Program Is Giving Free Money to Homeless People in San Francisco. It’s Working.

This Program Is Giving Free Money to Homeless People in San Francisco. It’s Working.

We’ve known for a minute now that universal basic income (UBI) works.

Nearly 10 years ago, in an essay for Bloomberg, economist Charles Kenny, a fellow at the Center for Global Development, effectively summed up the philosophy: “The big reason poor people are poor is because they don’t have enough money.” It’s easier (lazier) to claim that all poor people are poor because they can’t take care of themselves, because they’re not smart enough, or they’d rather spend the money on alcohol and drugs.

But as a number of studies have demonstrated , gifting underprivileged and unhoused people with financial assistance […]

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