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The Efficacy of Universal Basic Income
This chapter delves into the outcomes of a universal basic income (UBI) pilot project, revealing mixed results on spending behaviors and net worth among participants. It critically assesses UBI's ability to alleviate poverty and improve well-being, contrasting it with Conditional Cash Transfers that yield more positive results. The discussion emphasizes the complexity of financial aid's impact on homelessness, health, and lifestyle factors, advocating for targeted interventions over general cash assistance.