What does early data tell us about how recipients of universal basic income spend their money?

What does early data tell us about how recipients of universal basic income spend their money?

Kenyan shillings. Photo by: Claudia Daggett / CC BY-NC Early insights from a groundbreaking test of universal basic income, which the nonprofit organization GiveDirectly is conducting in Kenya , might offer answers to some of the key questions about how this policy could work.

Many of the criticisms of UBI — where money is distributed universally in a community, with no strings attached as to how it is spent — revolve around concerns that recipients will waste the money away, or will not use their time or cash productively. A recent story on the GiveDirectly project in the New York […]

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