Advocates of UBI say it’s a better option than the current system of welfare in many countries and does not disincentivize people from working. Santens tweeted an infographic in which he showed entrepreneurship jumping as a result of UBI. In his tweet, he said Namibia saw self-employment jump 301 percent when given basic income, while in Liberia, a third of recipients started their own business. It’s unclear where Santens sourced this information or the timeline for these rises. Santens is yet to reply to a request for comment from CNBC.
Cuban said he has spent a “lot of time looking” […]
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