A new examination of the Alaska Permanent Fund’s economic impact shows that the universal payments didn’t incite people to quit their jobs and actually increased part-time work. This suggests that universal basic income would not cause people to leave the work force.
Universal Basic Income (UBI) is a social concept in which every person within a system receive a regular, standard, basic income regardless of employment, background or other external factors. Some criticize UBI, saying that people would stop working with a basic income. However, a recent study demonstrated that people receiving UBI would likely keep their jobs and […]
Full Post at futurism.com