Universal basic income (UBI), also referred to as a guaranteed minimum income, income guarantee, or unconditional cash transfer, involves regularly giving cash without conditions directly to everyone within a geographic or political territory on a long-term basis. The idea has become a widely discussed measure in policy circles around the world.
Ioana Marinescu covers the evidence relevant to UBI's potential impact in the United States. Many studies did not find or found a very small effect on the likelihood that recipients stop working, work less, or earn less. The evidence does show that a UBI can improve health and educational outcomes and decrease criminality and drug & alcohol use, especially among the most disadvantaged youths.
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