Universal Basic Income is a policy proposal to provide everyone in a closed system with a no-strings-attached cash infusion on a regular schedule such as every month. Some people love it, some people hate it, most people have never heard of it. In part one, we mostly review the history and arguments for and against this idea. Would you like $1,000 just because?
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Links and References: - https://youtu.be/m25YLByFVRw?si=n684PjQnuWhFLRd3
- https://youtu.be/Sgcvtjoi8Bs?si=-XQ5oXxR5qx9D7As
- https://youtu.be/UqESogRgrYw?si=IY5EwFEYgioO8aGK
- https://www.vox.com/future-perfect/2019/11/25/20973151/givedirectly-basic-income-kenya-study-stimulus
- Hoynes, H., & Rothstein, J. (2019). Universal basic income in the United States and advanced countries. Annual Review of Economics, 11(1), 929–958. https://doi.org/10.1146/annurev-economics-080218-030237
- https://www.procon.org/headlines/universal-basic-income-top-3-pros-and-cons/
- https://college.unc.edu/2021/03/universal-basic-income/
- https://www.investopedia.com/terms/b/basic-income.asp
- https://www.denverbasicincomeproject.org/research#:~:text=The%20Denver%20Basic%20Income%20Project,guaranteed%20income%20for%20unhoused%20people.
- https://www.businessinsider.com/denver-basic-income-reduces-homelessness-food-insecurity-housing-ubi-gbi-2024-6#:~:text=Denver%20gave%20people%20experiencing%20homelessness,participants%20said%20they%20had%20housing.&text=The%20Denver%20Basic%20Income%20Project%20gave%20cash%20to%20more%20than,payment%20structures%20might%20benefit%20them.
- https://thereader.mitpress.mit.edu/the-deep-and-enduring-history-of-universal-basic-income/#:~:text=Joseph%20Charlier%2C%20a%20Belgian%20utopian,persistent%20poverty%20despite%20economic%20progress.
- https://www.washingtonpost.com/magazine/2022/10/24/universal-basic-income/
- https://www.cato.org/commentary/universal-basic-income-might-fix-our-broken-welfare-system-give-it-serious-scholarly
- https://www.bridgemi.com/michigan-health-watch/michigans-55m-experiment-guaranteed-income-begins-flint-moms
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