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Ireland rolls out pioneering basic income scheme for artists
Ireland rolled out a permanent basic income scheme for the arts on Tuesday, pledging to pay 2,000 creative workers 325 euros ($387) per week following a trial that participants said eased financial strain and allowed them to spend more time on projects.
Nice work, Ireland.
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A report on the trial found it lowered the likelihood of artists experiencing enforced deprivation, and reduced their levels of anxiety and reliance on supplementary income.
It also recouped more than the trial's net cost of 72 million euros ($86 million) through increases in arts-related expenditure, productivity gains and reduced reliance on other social welfare payments, according to a government-commissioned cost-benefit analysis.