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#834 - Lyman Stone - Why Is Everyone Having Fewer Children?

Modern Wisdom

CHAPTER

Universal Basic Income: Efficacy and Limitations

This chapter analyzes the impact of Universal Basic Income (UBI) through various studies, revealing that increased spending among recipients does not correlate with long-term wealth or well-being. While UBI shows short-term benefits in reducing stress and improving food security, it fails to provide lasting improvements in health or happiness. The discussion suggests that targeted interventions may be more effective in addressing poverty and enhancing quality of life.

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