Image Credit: Flickr-Pictures of Money | CC BY 2.0 (https://creativecommons.org/licenses/by/2.0/) The case for a Universal Basic Income (UBI) is a strong one, in some ways. A UBI would stimulate aggregate demand, help those affected by technological change, and create a basic income for the poor. Its effectiveness and impact, however, depend on how much is given out. The benefits and consequences of a $100 UBI will be very different than one of $1,000. Therefore, for the purpose of this analysis, I will look at the case for a $1,000 per month UBI—as suggested by presidential candidate Andrew Yang . […]
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