The value of Universal Basic Income: worth the cost to the economy?
31 January 2022
A majority of people would be better off by replacing means-tested transfer programs to aid the poor with a Universal Basic Income, according to the Faculty’s Chris Rauh.
The impact of existing transfer programs is significant. However, a majority of people would be better off by replacing existing programs with universal basic income, according to research by a University of Cambridge academic.
“The concept of Universal Basic Income has gained traction among some politicians and interest groups,” says Dr Christopher Rauh, Assistant Professor at the Faculty of Economics. “But the question is, how effective would it be?”
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