Kialo requires cookies to work correctly.
Should There be a Universal Basic Income (UBI)?
A UBI has negative effects on the national economy.
A UBI will lead to greater inflation.
It is possible that providing a UBI could potentially decrease the incentive for workers to take jobs that are unappealing and/or uncomfortable, even where those jobs are vital to society and the economy.
The financial burden countries would have to bear in order to implement a UBI that exceed the poverty line would have serious economic consequences.
Those who have
, could receive a UBI in a wealthy nation, then spend it in a poor country with a low cost of life. That would be a leak of capital and labour from the rich country to the poor one.
How a UBI is funded will negatively impact economies.
UBIs increase the productivity of individuals.
A UBI guaranteed to any citizen of a country would allow its government to foster liberal economic policies without throwing people into economic and social insecurity.
A UBI gives everyone money to spend on goods and services, thus driving demand.
A UBI makes it more likely that people will attempt to start their own companies, or become self-employed.
A UBI allows labour to be more effectively allocated in the economy.
Top economists support introducing UBI.