Marie Claire has published an article by Katia Savchuk that describes the experience of one of the participants in an experiment that gave $1,000 a month for a year to twenty individuals selected by ballot.
… In November 2018, McDonald got a call from Aisha Nyandoro, head of Springboard to Opportunities, a local nonprofit where McDonald had taken a career-readiness class. Nyandoro said she’d picked McDonald’s name in a lottery to get $1,000 a month for a year, as part of an experiment called Magnolia Mother’s Trust that was giving no-strings-attached cash to 20 Black single mothers in Jackson’s low-income housing. When her first check arrived, McDonald had $1.01 in her bank account. …
Click here to read the article.
Excellent and accessible piece about how people actually use regular cash payments – and also what happens when they stop, as they always do, until it’s policy.
I do not see what such “experiments” have to do with Basic Income: is it to find out if the poor will use their money wisely, or head for Las Vegas?
My guess, based on my assumption that the poor are no wiser nor more stupid than their more fortunate fellows, is that some will, and some will not.
The case for BI is equity, and greater equality. The effects of BI will be fully apparent only in the long term. It took a long time for society to get into its present mess, and remedies will not be overnight.
Every citizen in India
should be provided Basic amenties .Indians are not given this facility and that is why many are abandoned the richer are be colour richer and poor are becoming poorer.