Tootfinder

As people were now living well into their 80s and 90s,
financiers began to think of elderly people as recession-proof investments,
and assumed that the care home market in Britain and the US would keep growing.
In the UK, many of these homes were bankrolled by local authorities,
which guaranteed a steady income from the government.
Elderly people who paid for their care out of their own pockets typically covered the cost by selling their houses,
and the c…

The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs
When did care homes come to be seen as recession-proof investments? And who pays the price?

«Opponents to basic income programs often argue that recipients will become less motivated to do any work whatsoever. That isn’t what happened, though. The money helped artists move time out of work they were doing mainly to survive, and into the creative work they preferred.»

We studied what happened when financially struggling artists received $1,000 a month, no strings attached, for 18 months
Opponents of guaranteed-income programs often argue that recipients will simply take the money and be less motivated to do any work whatsoever.