A study on #UniversalBasicIncome #UBI from 2020 is now peer-reviewed and published. The study gave $7500 cash to homeless people in Vancouver and compared their outcome versus a control group. The result was clear:
“The recipients of the cash transfers did not increase spending on drugs, tobacco, and alcohol, but did increase spending on food, clothes, and rent, according to self-reports. What’s more, they moved into stable housing faster and saved enough money to maintain financial security over the year of follow-up.”
Further, each person who moved into stable housing one year faster saves the city over $8000 per year, which makes this program cheaper than existing housing programs.
Universal Basic Income works. It sounds so obvious when you say it out loud, but: giving people cash lifts them out of poverty. We need to do that more.
“A Canadian study gave $7,500 to homeless people. Here’s how they spent it.”
https://www.vox.com/future-perfect/21528569/homeless-poverty-cash-transfer-canada-new-leaf-project
Dave Rahardja /
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2023-09-03 06:30:41
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2023-09-03 06:30:41Event JSON
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"content": "A study on #UniversalBasicIncome #UBI from 2020 is now peer-reviewed and published. The study gave $7500 cash to homeless people in Vancouver and compared their outcome versus a control group. The result was clear:\n\n“The recipients of the cash transfers did not increase spending on drugs, tobacco, and alcohol, but did increase spending on food, clothes, and rent, according to self-reports. What’s more, they moved into stable housing faster and saved enough money to maintain financial security over the year of follow-up.”\n\nFurther, each person who moved into stable housing one year faster saves the city over $8000 per year, which makes this program cheaper than existing housing programs.\n\nUniversal Basic Income works. It sounds so obvious when you say it out loud, but: giving people cash lifts them out of poverty. We need to do that more.\n\n“A Canadian study gave $7,500 to homeless people. Here’s how they spent it.”\n\nhttps://www.vox.com/future-perfect/21528569/homeless-poverty-cash-transfer-canada-new-leaf-project",
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