Wednesday, November 6, 2019

A Brazilian city is giving a third of its residents $33 per month — part of one of the largest basic-income programs in the world

The Brazilian city of Marica recently launched a basic-income program that gives $33 monthly stipends to about one-third of its residents. Brazil already has a national policy that gives citizens around $10 per month if they vaccinate their children and send them to school. But Marica's program will allow researchers to study how basic income affects local employment — specifically, whether it encourages people to join the labor market. Read More