GiveDirectly, a charity that has been financing direct cash transfers to poor villages in East Africa since 2008, announced Monday that it has officially launched the largest universal basic income (UBI) experiment in history.
Beginning November 13, 40 villages (roughly 6,000 people) will receive roughly $22.50 per month, no strings attached, for 12 years. At the same time, 80 different villages will get the same amount for just two years, another 80 will get a lump sum equal to the two-year amount, and 100 villages will get no money.
The study will produce some of the most comprehensive data yet about what happens when people are given money for nothing. It’ll help answer questions such as: Do people stop working? Do they start businesses? Are they …
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