• Unconditional basic income made the economy in Kenya’s villages boom

    A charity implemented a massive economic stimulus package for rural Kenya: 10,500 households received $1,000 each. A study examined the effects. The result: the entire population benefited from the package and every dollar invested boosted the economy by 2.6 dollars. We can learn a lot from this. Economists founded the organisation "GiveDirectly“ eleven years ago. They wanted to help the population in particularly poor regions of Africa and at the same time examine the economic effects of their …