Is Universal Basic Income Effective? Not Really

Another view of UBI:

https://thefutureofemployment.com/universal-basic-income-a-g...

Innovators are people who can afford to take risks. UBI can enlarge the pool of those people to include those who aren't born into wealth.

"The Manhattan Institute for Policy Research (renamed in 1981 from the International Center for Economic Policy Studies) is an American 501(c)(3) nonprofit[4] conservative think tank"

Thanks, I'll pass.

Incentives matter. Imo you are not productive if you are paid for doing nothing

This guy is pretty quick to dismiss the results of a very few tentative experiments. Extra money on a regular basis is certainly helpful, isn't generally spent on frivolous things, and produces some positive outcomes. But it's not nearly sufficient to break someone out of a cycle of poverty. If you're roughly "middle class" like me, you know that you're being squeezed all the time. Things get more expensive, and 'the system' is always coming up with new ways to take your money. Imagine being in the same situation, but broke and out of work, with kids. An extra thou a month might keep your head barely above water, but it certainly won't put you on a path to security or self-sufficiency.

The reason these experiments are being tried is that our social order is breaking down. Even if you're able-bodied, well educated, and willing to work, there are too few jobs that pay a living wage. And many people were unfortunately born to the wrong set of parents, so they never got good health care or education. What do we do with these people? Leave them out in the street to die?