"The study examines the impact of the Alaska Permanent Fund,
a $61-billion communal resource backed by oil, which has been running
for more than 35 years. It is currently the closest thing to a UBI in
the U.S. Researchers at the University of Chicago Harris School of Public Policy analyzed
the economic effect of the annual cash payments made to Alaskan
residents, which have recently totaled around $2,000 per person.
The researchers found that not only did employment not decrease, but
the number of people in part-time work actually increased by a
significant 17 percent. And, while overall employment was reduced in
fields like manufacturing and oil, it remained steady in fields like
construction, education, and healthcare."
People want upward mobility, not the ability to sit on their asses all day.
Tuesday, May 22, 2018
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