Akee Links Universal Basic Income Experiment and Family Stress
Associate Professor of Public Policy Randall Akee was featured in a New Republic article on the impact that universal basic income has on families. The Stockton Economic Empowerment Demonstration (SEED) project is providing $500 a month to a group of Stockton residents for 18 months to better understand the effectiveness of universal basic income. Preliminary data show that recipients spend a majority of the money on daily expenses. Many also report having more breathing room and more free time to spend with their children. A similar experiment that gave a portion of casino revenue to every tribal citizen in the Eastern Band of Cherokee Indians in North Carolina found improvements in relationships between parents and children. Akee explained that “extra money allows for more consistency and covering of basic living expenses, and people aren’t perhaps nearly as stressed with each other.” He said reducing a family’s stress “may have an intergenerational impact on the kids.”
Leave a ReplyWant to join the discussion?
Feel free to contribute!