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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