Exploring Universal Basic Income and Its Impacts

This chapter examines the challenges faced by those living in poverty and how a universal basic income (UBI) could alleviate these struggles by providing financial stability. It discusses the economic implications of UBI, including its potential to stimulate spending and empower workers, while also addressing concerns about inflation and the complexities of entitlement spending. Through case studies, particularly one in Kenya, the chapter illustrates how cash transfer programs can lead to positive economic behaviors, countering fears of misuse.