Full Access or Full Employment: The Macroeconomics of UBI

Derek Van Gorder, co-founder of the Gresham Institute, discussed the concept of Universal Basic Income (UBI) and its potential implications on the economy, financial system, and political landscape. Derek presented the transformative potential of basic income in improving economic efficiency, leading to a shift from wages to consumer spending, ultimately enabling a more efficient allocation of resources and greater financial access for individuals. The discussion explored the impact of basic income on employment, monetary policy, and market efficiency, while also addressing potential sources of funding for a universal basic income program.

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Excellent! Just wait for a indigenous efficiency development!