Economics Explored cover image

UBI: Universal Basic Income w/ Ben Phillips, ANU - EP126

Economics Explored

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Ubi

The key takeaway is that the UBI will mean different people will respond to it in different ways. It's hard to know what will happen to overall labor supply unless, well, unless we actually introduce the UBI and find out. Policy experiments are possibly our best hope of figuring out whether a UBI is simply a utopian fantasy that is unaffordable. Or whether it really is feasible and that could improve our lives immensely.

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