The result of largest American controlled experiment in Universal Basic Income (UBI) was released.
You haven’t heard about it because the findings are terrifyingly bad.
The UBI experiment in July had some surprising and potentially troubling results. The findings suggest that while participants received a financial boost, it didn't translate into improved economic outcomes.
Here are some key takeaways:
Income Dynamics: Participants ended up earning less overall, despite receiving an additional $12,000 annually through UB…
Keep reading with a 7-day free trial
Subscribe to The Researcher Daily to keep reading this post and get 7 days of free access to the full post archives.