Michael Stynes discusses UBI on Yahoo! Finance
Watch our executive director, Michael Stynes, discuss evidence and research on guaranteed income, as well as the pilots we work on around the country and the world, Andrew Yang’s proposal, and the rising interest in UBI and related policies.
“From UBI pilots, we see decreased state level inequality, increased consumption of durables, improved child health outcomes, and pretty negligible effects on labor market participation…what we really know is the effects on the individual level. What we don’t know yet, and this is why we’re studying it as passionately as we do, are the societal level effects, like aggregate demand and inflation.”