What Have Previous Universal Basic Income Experiments Taught Us?

The video discusses universal basic income (UBI) as a key campaign point for Andrew Yang, highlighting its potential to reduce stress, encourage entrepreneurship, and lower administrative costs. It examines Alaska's Permanent Fund Dividend, which has reduced poverty and improved health. Finland's UBI experiment showed no significant employment impact but increased optimism and reduced stress. Stockton's SEED program provided $500 monthly to residents, aiding debt reduction and stress relief. Yang's proposal suggests $1,000 monthly for every American adult.

What is one of the main arguments against universal basic income?

• It would increase administrative costs.

• It would discourage people from working.

• It would lead to higher taxes.

• It would reduce entrepreneurship.

What is the primary funding source for Alaska's Permanent Fund Dividend?

• Tourism revenue

• State taxes

• Federal grants

• Natural resources like oil

What was a notable outcome of Finland's basic income experiment?

• Decreased health problems

• Improved optimism about job prospects

• Higher stress levels

• Increased employment rates

In the Stockton SEED experiment, what was the largest category of spending?

• Food

• Debt repayment

• Merchandise purchases

• Utilities

What is the monthly amount proposed in Andrew Yang's Freedom Dividend?

• $1,500

• $1,000

• $500

• $2,000