Inside the Nation’s Largest Guaranteed Income Experiment

A dollar sign forms one of the columns of a stately building

From Abby Vesoulis, Abigail Abrams / TIME: A guaranteed income program is giving people the financial security to invest in themselves, avoid predatory loans, pay off debt, and improve their general quality of life. The lack of conditions on how the monthly cash payments should be utilized gives recipients the freedom to do what they need with the money.

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Read more about universal basic income implementation.

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From Piper French / Noema: Public banks are owned and run by governments, and because they store money for the state instead of individuals, they can invest back into the communities they serve instead of extracting from them in the...

From Thiago Alves / Brazil Reports: Bolosa Famila, a social welfare program in Brazil aims to help bring Brazilians out of poverty. Paying R$ 600 ($119 USD) per month enables families to cover basic monthly costs such as food. The...

From Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...

From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.

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