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substack.com
the basics of universal basic income
the worst idea in the world right now
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Stockton gave 125 people $500 a month - with no requirement to work. 🔎 Learn more about how universal basic income is being used across the world: https://wef.ch/2N9OqF5 | World Economic Forum
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@econhelper on Instagram: "A Universal Basic Income (UBI) is a government program in which every adult citizen receives a set amount of money on a regular basis. Proponents argue that as AI and automation begin to replace traditional jobs, UBI provides a necessary floor to prevent mass poverty and gives workers the leverage to seek education or more fulfilling work. They see it as a way to streamline bloated welfare bureaucracies into a single, efficient system. Critics, however, worry about the
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