- For 12 months, a select group of homeless people in Canada received a total of $7,500 in cash payments, no strings attached.
- The initiative was part of the New Leaf project, a joint study into the effects of giving people in poverty a “basic income” as a means of rehabilitation.
- One researcher called the results of the study “beautifully surprising,” as participants could finally purchase higher-quality food and find stable housing.
- Leaders should take these findings seriously, and reflect on how they can better serve their employees’ needs through direct, humanistic action.
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Free money, it seems, pays off.
On October 7, researchers from the Foundations for Social Change, in Vancouver, and the University of British Columbia announced the findings of a 12-month experiment. The premise: give 50 people who had recently become homeless one-time cash payments in the amount of $7,500 — no