Free Money: The Surprising Effects of a Basic Income Supplied by a Tribal Government | WIRED


36 bookmarks. First posted by skinnyj november 2017.


Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by granth
Free Money: The Surprising Effects of a Basic Income Supplied by Government http://ift.tt/2yuhLNW http://ift.tt/2hlom6z
from instapaper
november 2017 by nikchia
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town of Cherokee, North Carolina, attending Western Carolina University on a football scholarship. via Pocket
IFTTT  Pocket 
november 2017 by domingogallardo
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town of Cherokee, North Carolina, attending Western Carolina University on a football scholarship.
Archive 
november 2017 by Javaking
Results from early (unintended) Universal Basic Income experiments are unexpected. Great article.
from twitter_favs
november 2017 by sprague
Results from early (unintended) Universal Basic Income experiments are unexpected. Great article.
from twitter_favs
november 2017 by philcrissman
Results from early (unintended) Universal Basic Income experiments are unexpected. Great article.
from twitter_favs
november 2017 by Pheelmore
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by stevenbedrick
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town of Cherokee, North Carolina, attending Western Carolina University on a football scholarship. via Pocket
IFTTT  Pocket 
november 2017 by egwillim
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by breau
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by dshack
When the study began, about 67 percent of the American Indian kids were living below the poverty line. It wasn’t until after the casino opened that Costello began to notice that household income among the Cherokee families was going up. It was subtle at first, but the trend turned sharply upward as time went on, eventually lifting 14 percent of the Cherokee children in the study above the poverty line. Household income for those families who were not Cherokee, meanwhile, grew at a slower rate.

It was an awakening for Costello, who had accidentally stumbled onto an entirely new line of inquiry on the impact of unconditional cash transfers on the poor. “I suddenly thought, ‘Oh my god,’” Costello remembers.

Before the casino opened, Costello found that poor children scored twice as high as those who were not poor for symptoms of psychiatric disorders. But after the casino opened, the children whose families’ income rose above the poverty rate showed a 40 percent decrease in behavioral problems. Just four years after the casino opened, they were, behaviorally at least, no different from the kids who had never been poor at all.
ubi 
november 2017 by craniac

What does universal basic income do for poor kids? It makes them indistinguishable, on behavioral measures, from children who have never been poor. It also reduces drug addiction. https://www.wired.com/story/free-money-the-surprising-effects-of-a-basic-income-supplied-by-government/
november 2017 by amy
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town of Cherokee, North Carolina, attending Western Carolina University on a football scholarship.
Archive  pocket 
november 2017 by cronco
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by alphex
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by pwarnock
Thanks to a profitable casino, an Indian tribe gives its members sizeable cash payments. It’s called a basic income and might be the solution to job losses brought on by automation and globalization.
november 2017 by joeo10
These biannual, unconditional cash disbursements go by different names among the members of the tribe. Officially, they’re called “per capita payments.” McCoy’s kids call it their “big money.” But a certain kind of Silicon Valley idealist might call it something else: a universal basic income.
november 2017 by spectrevision
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by cspathis
Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town…
from instapaper
november 2017 by skinnyj