Episode 212: What if the government gave everyone free money?
Jimmy and guest Ioana Marinescu explore how a universal basic income might work
A universal basic income isn’t a new idea, but it’s getting traction in politics today. It’s a different type of safety net: free cash from the government, with absolutely no strings attached. It’s never been tried in the US in a pure form, but we have had experiments that came close. Ioana Marinescu, a professor of economics at the University of Pennsylvania, walks us through some of those experiments, and tells us how this whole idea might work.