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Universal Basic Income (UBI)

Wouldn't it be amazing if the government just gave you money every month, so that you didn't have to worry so much about rent and bills? Well this precise arrangement has been discussed among economists for centuries. It's called Universal Basic Income, and some political figures and presidential candidates have made this a big part of their platform. How does it work? What are the pros and cons of UBI? Will it ever come to pass? Let's talk about it! Script by Matt Beat:    / iammrbeat   Animation by Ignacio Triana:    / unraveled   Watch the whole Economics playlist: http://bit.ly/ProfDaveEcon Mathematics Tutorials: http://bit.ly/ProfDaveMath American History Tutorials: http://bit.ly/ProfDaveAmericanHistory History of Drugs Videos: http://bit.ly/ProfDaveHistoryDrugs General Chemistry Tutorials: http://bit.ly/ProfDaveGenChem Classical Physics Tutorials: http://bit.ly/ProfDavePhysics1 EMAIL► [email protected] PATREON►   / professordaveexplains   Check out "Is This Wi-Fi Organic?", my book on disarming pseudoscience! Amazon: https://amzn.to/2HtNpVH Bookshop: https://bit.ly/39cKADM Barnes and Noble: https://bit.ly/3pUjmrn Book Depository: http://bit.ly/3aOVDlT