With automation quickly replacing jobs resulting in the need to disassociate income from work, the idea of providing every one with free money still sounds somewhat crazy. Yet, data seems to indicate that not only this works, it will actually save the government money. As such, Ontario is planning giving each one of their citizens an "unconditional allowance each month," with a trial set to start in 2016.
Universal basic income could offer an alternative model. A pilot project of the model took place in the Canadian town of Dauphin in Manitoba between 1974 and 1979 and showed that basic income greatly reduced poverty, while also reducing the government's costs by cuttings hospital visits and mental health-related complaints in the town.
A study in the US also showed the health benefits of giving people 'free money' - poor children whose parents were given an extra US$4,000 each year were less likely to have behavioural and emotional disorders compared to their peers, and were also more conscientious and agreeable - traits that are linked to future success and happiness.
Scientists don't fully understand how extra income can have such significant health benefits - obesity and diabetes are also linked to poverty - but a recent study showed that financial stress can actually change people's DNA, and make it age faster.
|Sony Music Hikes Whitney Houston Album Price After Her Death|
|18 Brilliant Inventions Suppressed in the Name of Corporate Profiteering|
|Credit Card Data Can Be Easily Stolen With a Smartphone|
|Listen to Bitcoin: Making Music With Bitcoin Transactions|
|In a Nutshell: How Money Moves Around the Banking System|
|Everything We've Learnt About the Surveillance State|
|“The cost could be so near to zero it will effectively be free.”|
|How to Avoid Jury Duty|
|“He portrays these abandoned malls as apocalyptic ruins.”|
|Go the Fuck to Sleep: A Children's Bedtime Book|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|“Lifting the electric motors out of Teslas and putting them in the chassis of other, formerly gas guzzling cars.”|
|Google Map Shows You the Most Photographed Areas of the World|
|Sensually Retro Illustrations by Simone Massoni|
|Good Fucking Design Advice|
|“Rejuvenation is Finally an Industry.”|
|“Put words between buns.”|