Peter Jacobsen is Assistant Professor of Economics at Ottawa University in Kansas. He joins Bob to discuss a major study of Universal Basic Income (UBI) that found recipients of a cash handout devoted more time to leisure, rather than finding a better career or child care. The results throw cold water on the promises made by typical UBI proponents.

Watch the video version of this episode here: https://www.youtube.com/watch?v=6OvB_3YJw4U

Related: https://fee.org/articles/the-largest-study-ever-on-ubi-was-just-conducted-the-results-are-disappointing-for-advocates

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Ep. 65: The Disappointing Results of a Major UBI Study, with Peter Jacobsen