Podcast
Questions and Answers
What is the primary goal of Universal Basic Income (UBI)?
What is the primary goal of Universal Basic Income (UBI)?
- Encourage bureaucracy
- Promote unemployment
- Alleviate poverty (correct)
- Increase inequality
Who first mentioned the idea of providing a basic income to all members of society?
Who first mentioned the idea of providing a basic income to all members of society?
- Thomas More (correct)
- Karl Marx
- Adam Smith
- John Locke
What is one argument made by proponents of Universal Basic Income (UBI)?
What is one argument made by proponents of Universal Basic Income (UBI)?
- Greater financial security for individuals (correct)
- Increase in income inequality
- Complicated welfare programs
- Reduction in basic standard of living
What is a common concern raised by critics of Universal Basic Income (UBI)?
What is a common concern raised by critics of Universal Basic Income (UBI)?
What was the impact observed in Namibia's experiment with basic income payments?
What was the impact observed in Namibia's experiment with basic income payments?
Which term best describes the regular sum of money given to citizens in a Universal Basic Income system?
Which term best describes the regular sum of money given to citizens in a Universal Basic Income system?
In what way could Universal Basic Income potentially impact work incentives?
In what way could Universal Basic Income potentially impact work incentives?