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 Originally Posted by wufwugy
What data are you referring to?
Here's economist Bryan Caplan on universal basic income (UBI):
When it comes to explaining how it is possible that UBI could benefit the country, it would need to be explained how UBI could increase incentives to produce.
The most recent studies are still ongoing, but there's a pretty large one underway in Kenya at the moment. My understanding is that on the whole people have not cut back on work, but instead increased spending on improvements to their standard of living, started businesses, etc.
It's nice that Caplan is offering his view based on theory, but the results, so far, aren't in support of the theory.
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