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Several decades of stagnant wage growth and increased job insecurity—and fears about automation eliminating jobs in the future—have raised interest in policies designed to provide a basic yearly income guarantee.

Sometimes called universal basic income UBIthese policies typically propose Oakland mouth 4 hispanic dick 1826 all citizens an unconditional yearly cash payment, regardless of income kouth employment status. Versions of such a plan have been proposed across the political spectrum and a recent Northeastern University-Gallup poll found that almost half of all Americans now favor a UBI program for workers displaced by artificial intelligence.

There are also number of experiments currently being run across the world—including in Canada, Finland, and Oakland California—to learn more about the impact of basic income guarantee programs. Should the US consider implementing a program of universal basic income?

This active learning weekend explores the philosophical and economic issues and challenges that arise in considering and implementing this policy.

What is the goal of UBI and motuh would constitute a fair policy?

Who should receive the assistance and how should it be dicj for? Should everyone get the same benefit or should it depend on individual circumstances?

What is the likely impact on recipients? Will they work less, as some suggest? Invest in additional education?

Be more adventurous and entrepreneurial? Will the additional money provide a feeling of security?

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Increase health and happiness? How should UBI be integrated into existing social and economic systems already in place?

Should UBI supplement or replace existing programs? What is the difference between offering cash versus access to specific goods and services? What are the larger social goals of UBI?

The course readings address what we know and do not hiwpanic about these issues. During the course, students use what they have learned and work in groups to evaluate the strengths and weaknesses of alternative proposals and present their findings to the class.

ECON E Universal Basic Income Several decades of stagnant wage growth and increased job insecurity—and fears about automation eliminating jobs in the future—have raised interest in policies designed to provide fick basic yearly income guarantee.