Universal Basic Income (UBI) as a Policy Response to Current Challenges
Kearney, Melissa S. and Magne Mogstad ,
Maintaining the Strength of American Capitalism

We briefly review the main motivations behind recent calls for a Universal Basic Income (UBI) in the United States and the main features of some current UBI proposals. We then argue that a UBI would be extremely expensive and yet do very little to reduce inequality or advance opportunity and social mobility.

Links to Researchers