In a new March 2021 report, we found out the results for the first year of Stockton’s UBI experiment. Recently too, the impact of Rwanda’s cash distribution was in the news. Last year we looked at Rwanda and Stockton. Today,…
While illicit activities inspire people to fill suitcases with cash, negative interest rates also motivate businesses and households to demand big bills.
Because “I Voted” stickers indicate voting is a social norm, like paying taxes or saving electricity, people are more likely to act like their neighbors.
In 1988, the United States was ranked #1 as the best country in which to be born. The people who did the ranking for The Economist Intelligence Unit (EIU) selected criteria that you would expect. They included GDP per capita,…
Four decades ago, in a rural Manitoba community, Canada experimented with cash grants to low income families. Called MINCOME, the program provided for different cash payments based on the household’s proximity to the poverty level. The grant was conditional. Earning…
In a recent WSJ interview, Nobel laureate Gary Becker tells us that, “Markets are tough to appreciate.” The reason, he says, is people feel government can better care for them than a profit seeking individual. Calling markets counterintuitive, Becker sees why people…
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