Existing welfare programs are a tangled mess. If welfare recipients start making too much money, they lose food stamps, medical care, and housing vouchers—essentially trapping recipients in poverty. One way around this problem is universal basic income (UBI), which guarantees every citizen a minimum monthly income, regardless of how much they make. Although UBI could serve as the ultimate solution to financial insecurity, critics suggest that people will lose their incentive to work if they receive “free” money. ‘Not so fast’ say researchers out of Finland where a small UBI trial was held. After giving 2,000 randomly selected people a sum of $635 each month over the course of two years, the researchers found that UBI doesn’t make people work less. In fact, what the researchers found was that those who received the monthly allowance worked the same amount while experiencing less stress due to financial worries, which led to better health to the recipients when compared to a control group who didn’t receive a monthly allowance.
One of the biggest criticisms of Universal Basic Income has been proven wrong
More of Today's Solutions
Europe’s low-carbon future: Denmark’s North Sea oil field is now a carb...
Once a symbol of fossil fuel extraction, the remote Nini oil field in the North Sea is preparing for a new role: storing millions ...
Read MoreGrace Richardson makes history as first openly gay Miss England: ‘I’ve achiev...
BY THE OPTIMIST DAILY EDITORIAL TEAM When Grace Richardson took the stage at the Miss England final in Wolverhampton, she wasn’t just chasing a ...
Read MoreWorld’s first hydrogen-powered cargo vessel to set sail in Paris this year
In a world's first, a commercial hydrogen-powered cargo vessel will make its maiden voyage later this year. Developed by French shipowner Compagnie Fluvial Transport ...
Read MoreA guide to self-kindness: transforming negative self-talk into positive affir...
As we go through the motions of daily life, it's tempting to listen to our inner critic's constant commentary. Negative self-talk, or the constant ...
Read More
