Armaan Khare-Arora: The Stockton Guaranteed Income Experiment Results in Positive Impact. Can it Scale Broadly?

17/05/2021 - 09:47

"Universal Basic Income remains a hotly contested policy option. In order to provide a more data-based and scientific basis for the policy, a number of pilots are taking place in the United States and across the world. Recently, a year-long study was published that looked at such a guaranteed income experiment in Stockton. If you would like to learn a little more about UBI as a concept, I wrote an earlier piece about the policy’s potential benefits and drawbacks. Today, I will focus on the Stockton experiment’s results from both a micro perspective — how the behavior of Stocktonians changed due to this experiment, and the macro perspective — how would this work if implemented on the federal level, would the results be the same?"