Basic Income News and Discussions

[raklian]

Ideal.

[raklian]

Hmmm.... This potentially answers the hackneyed question posed by detractors on how to fund basic income.

[caltrek]

A Canadian Study Gave $7,500 to Homeless People. Here’s How They Spent It.
by Sigal Samuel
September 2, 2023

Introduction:

(Vox) Ray, a man in his 50s, used to live in an emergency homeless shelter in Vancouver, Canada. Then he participated in a study that changed his life. He was able to pay for a place to live and courses to prepare him for his dream job.

The newly published, peer reviewed PNAS study, conducted by the charity Foundations for Social Change in partnership with the University of British Columbia, was fairly simple. It identified 50 people in the Vancouver area who had become homeless in the past two years. In spring 2018, it gave them each one lump sum of $7,500 (in Canadian dollars). And it told them to do whatever they wanted with the cash.

Further extract:

What’s more, according to Foundations for Social Change, giving out the cash transfers in the Vancouver area actually saved the broader society money. Enabling 50 people to move into housing faster saved the shelter system $8,277 per person over the year, for a total savings of $413,850. That’s more than the value of the cash transfers, which means the transfers pay for themselves.
…
The research team also looked at what’s effective at changing the public perception about cash transfers to homeless people. They found that pointing out how cash transfers actually produce net savings for society, as well as showing how homeless people spend the money, are both effective ways to counter stereotypes among the public.

“People think that the status quo is cheap, but it’s actually incredibly expensive,” Williams said. “So why don’t we just give people the cash they need to transform their lives?”

Read more here: https://www.vox.com/future-perfect/215 ... -project

For a complete presentation of the results of the study as published in PNAS : https://www.pnas.org/doi/10.1073/pnas.2222103120

[raklian]

[raklian]

[erowind]

At this rate Canada is going to have basic income and America won’t even have healthcare.

[raklian]

[raklian]

[raklian]

[raklian]