Damon Jones on Whether a Modest Basic Income Might Lead People to Work Less

The idea of a universal basic income has been gaining traction in recent years, but we don't have much evidence about what a large-scale universal basic income policy would do. In this episode, University of Chicago economist Damon Jones talks about the idea of a universal basic income and discusses a study he did with Ioana Marinescu that looked at the Alaska Permanent Fund to better understand the labor market effects of universal and permanent cash payments.