“Experimental evidence shows that when people are given unconditional cash they will by and large spend it on worthwhile things” – Pranab Bardhan

Bardhan, P. & Campion, S. (2016). “Experimental evidence shows that when people are given unconditional cash they will by and large spend it on worthwhile things” – Pranab Bardhan.
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Professor Pranab Bardhan recently participated in the Ideas for India Symposium on Universal Basic Income for India with academics from LSE and other leading institutions. During Professor Bardhan’s recent visit to LSE, Sonali Campion asked him to elaborate on how he envisions basic income interacting with existing welfare provisions.

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