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The speech in this article is highly politicized. "Universal Basic Income Has Been Tried over and over Again. It Works Every Time" Depends on how we define "w
by giantg2 3y ago
The speech in this article is highly politicized.
"Universal Basic Income Has Been Tried over and over Again. It Works Every Time"
Depends on how we define "works" and also on the scope. All of the examples given involve small sample size programs that end rather quickly, programs that are not universal but based on some need, or programs funded by state owned natural resources (oil).
I appreciate the examples and some of them history around them. I don't agree with the title since most of these are small, short programs, and they are usually not universal. These sorts of tests do nothing to explore macroeconomic effects if everyone recieved the same money. They also don't explore longterm sustainable funding solutions.