WOOOW. A Canadian research project gave homeless people $7,500 each — the results were 'beautifully surprising'.
Turns out: basic income for the homeless pays for itself. It's free money, because 'the project saved the shelter system $8,100 per person'.
'cbc.ca/news/canada/br…
Turns out: basic income for the homeless pays for itself. It's free money, because 'the project saved the shelter system $8,100 per person'.
'cbc.ca/news/canada/br…
Here are some of the main results:
1: Cash recipients move out of
homelessness faster. The cash group spent 4,396 fewer
nights homeless over 12 months
1: Cash recipients move out of
homelessness faster. The cash group spent 4,396 fewer
nights homeless over 12 months
2: Cash recipients spend less, not more on goods such as alcohol, cigarettes, or drugs
3: Free money saved money. In total, cash recipients saved an additional $8,172 compared to non-cash participants.
4: Food security of cash recipients increased. 67% of cash recipients were food secure after 1 month, an increase of 37 percentage points from baseline.
Here's the full impact statement of the study, if you want to read for yourself: static1.squarespace.com/static/5f07a92…
They now want to expand and do a much bigger study. Fundraising goal: $10 million --> forsocialchange.org/donate
damn, I'm excited about this!!
They now want to expand and do a much bigger study. Fundraising goal: $10 million --> forsocialchange.org/donate
damn, I'm excited about this!!
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