August 23, 2017
On first hearing about introducing a guaranteed basic income, I was skeptical, thinking it could bankrupt the country. That was 30 years ago. Today I believe its time has come and that it could even save billions of dollars in health care and thousands of lives every year.
Between 1974 and 1979, an experiment called “Mincome” was conducted in Dauphin, Man. Residents of this small city near Winnipeg were selected as subjects for a project that ensured basic annual incomes for everyone. Over three years, monthly cheques were delivered to the low-income residents of Dauphin, with no strings attached.