Basic Income

Should the government pay people to get the shots? Some economists and politicians think it might be necessary. Others say it could backfire.

But while the additional money may impede recruitment for workers in low-wage jobs, who might be able to make more from the subsidies than they would working. On the whole research has found no relationship between the size of the benefits and the likelihood of someone taking a job. Giving cash to those in need.

The IMF describes universal basic income as an income support mechanism, in which regular cash payments are intended to reach all (or a very large) portion of the population with no (or minimal) conditions.

Dorsey told Yang that a universal basic income, or UBI, was a long overdue idea and the only way we can change policy is by experimenting and showing case studies of why this works.


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