And yet I can understand the skepticism and fear. We have not had yet a big scale “experiment” (i.e. a whole country implementing it). It will have bigger yet to resolve implications (e.g. what’s the effect on migration etc.).
(And I’m a big proponent of UBI)
But I think it’s just a matter of time that this will become reality, we’re to rich (in the western world) to fiddle around with “annoyances” like poor people, and I strongly believe that it will increase creativity, innovation and thus also GDP which may be probably the biggest argument for policy makers.
Multiple UBI tests have shown that giving people money on a regular basis lifts them out of poverty and puts more money into the local economy.
And yet I can understand the skepticism and fear. We have not had yet a big scale “experiment” (i.e. a whole country implementing it). It will have bigger yet to resolve implications (e.g. what’s the effect on migration etc.).
(And I’m a big proponent of UBI)
But I think it’s just a matter of time that this will become reality, we’re to rich (in the western world) to fiddle around with “annoyances” like poor people, and I strongly believe that it will increase creativity, innovation and thus also GDP which may be probably the biggest argument for policy makers.