Today’s Solutions: May 04, 2024

Despite trials in the 1960s and 1970s in the US, Canada, and India, we still don’t know if universal basic income reduces poverty while enhancing quality of life. In the coming years we may find out as a universal basic income program is set to begin in Kenya. The program, called GiveDirectly, will give cash with no strings attached to more than 26,000 people in 200 villages in Kenya. About 6,000 of them will get a long-term basic income for the full 12 years in small payments of about $0.75 per day, or half the average adult income in rural Kenya. The researchers at Princeton and MIT say that should be enough fresh data to help determine whether the program is effective.

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