“The most compelling study demonstrating how universal basic income could work comes from a small town in Canada. From 1974 to 1979, the Canadian government partnered with the province of Manitoba to run an experiment on the idea of providing a minimum income to residents called MINCOME. MINCOME was a guaranteed annual income offered to every eligible family in Dauphin, a prairie town of about 10,000, and smaller numbers of residents in Winnipeg and some rural communities throughout the province.
So what happened to families receiving MINCOME?
- They had fewer hospitalizations
- They had fewer accidents and injuries
- Mental health hospitalizations fell dramatically
- High school graduation rates increased
- Younger adolescent girls were less likely to give birth before age 25, and when they did, they had fewer kids”
Gerd Leonhard on BIG