Episode 28: Universal Basic Income – Not as Far Off as You May Think

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Matt Steinberg welcomes Hawaii State Representative, Chris Lee, who helped pass the first state law in support of universal basic income (“UBI”). Whether you are for or against it, the concept of UBI is straightforward – it is the idea that the government gives every person an unconditional cash payment to spend as they wish. It is viewed by some politicians and business leaders from across the political spectrum as a possible solution to poverty, underemployment, wage stagnation, and automation. But do the pros outweigh the cons? See more +
Matt Steinberg welcomes Hawaii State Representative, Chris Lee, who helped pass the first state law in support of universal basic income (“UBI”). Whether you are for or against it, the concept of UBI is straightforward – it is the idea that the government gives every person an unconditional cash payment to spend as they wish. It is viewed by some politicians and business leaders from across the political spectrum as a possible solution to poverty, underemployment, wage stagnation, and automation. But do the pros outweigh the cons? If so, is UBI even politically viable? How would it be funded? In their wide-ranging discussion, Matt and Representative Lee explore these issues and more, including how and why Lee was able to enact pro-UBI legislation in Hawaii. See less -
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