WSJ – Basic Income and Labor

Joined: Wed Feb 03, 2010 10:17 pm
Posts: 6819 I forget that the WSJ is often behind a paywall. Here is the blog post those who can’t access the article:

The annual payments made to every Alaska resident out of the state’s oil wealth haven’t reduced how many of them are employed, according to a new study, potentially alleviating one concern about the idea of guaranteeing every citizen a government-paid basic income.
“We speak to one part of this debate, which is, could this have a huge negative effect on labor supply?” said University of Chicago economist Damon Jones, who […]

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