It would allow flexibility for those who can manage their money successfully, and aren’t horribly unlucky. Unfortunately that population is relatively sparse -

It would allow flexibility for those who can manage their money successfully, and aren’t horribly unlucky. Unfortunately that population is relatively sparse - the monthly stipend is going to be funneled into the pockets of unscrupulous lenders as fast as you can say, “easy credit”. If it weren’t the US, with our habit of lifestyle inflation and tremendous consumer and educational debt, I’d be much more optimistic about it. Would it be better than what we have now? Possibly! I’m fairly confident a real social safety net would be better. Or tight regulations around all that liquidity in the market, presumably pulled from elsewhere in the public coffers. At the end of the day it still sounds like wealth redistribution away from properly funded public works.