Guess What Happened When Liberia Tested a Pilot Program of Cash Transfers to the Extreme Poor in Bomi
Further evidence of the potential of basic income
I'm always on the lookout for more scientific evidence of what happens when people are provided cash incomes unconditionally. Recently I found something new, a pilot program tested in Bomi and Maryland Counties in Liberia that started in 2009 and ended in late 2014. Implemented by the Liberian Ministry of Gender and Development with . . .
(in the United States)
As you may already know, I'm actively crowdfunding a basic income of $12,000 per year, and am currently about 20% of the way there. (Thank you, Patreon patrons!) I chose this amount because I advocate the starting level of a basic income guarantee in the U.S. be set here, defined as being just above the poverty level (in 2015).
. . .
Can the savings of basic income exceed the costs?
Read the article I published on Medium on February 5th, 2015.
Summary: This article starts with an introduction to how hugely cost-saving vaccines are, especially our use of them to eradicate smallpox. It then asks if poverty could be like smallpox and goes into basic income's potential as a social vaccine to eradicate it, and . . .