What are the positive effects of a universal basic income?

A Universal Basic Income (UBI) has several positive effects. It can eliminate the stigma associated with welfare receipt, reduce transaction costs for both recipients and governments, and provide individuals the freedom to pursue better work opportunities while compensating unpaid labor like childcare and eldercare . Additionally, evidence suggests that UBI can lead to positive health impacts, such as improved mental health and increased trust in societal institutions . Moreover, UBI can enhance individuals’ control over their time, promoting autonomy and empowerment . However, it is important to note that while UBI has various advantages, there may be concerns about […]

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