Stockton extends its monthly $500 UBI payment experiment
What is the point of UBI studies this small? Giving a few hundred people extra money each month will improve the well being, no question about it.<p>The issues with UBI only arise when it&#x27;s done at scale. For example let&#x27;s say you give every US citizen over 18 a monthly UBI check for $1000. What&#x27;s stopping prices from rising accordingly? How will the ~$3T yearly UBI bill be paid for?<p>The question of how is this paid for is my biggest issue with UBI. If someone can give a reasonable answer that doesn&#x27;t require national price fixing, taxing tech companies on their data, or some version of reshuffling the current budget around, I&#x27;ll happily change my mind. Until then, for me, UBI is nothing more than an economists wet dream.