High rates of inequality have led policymakers in the US and across the world to rethink the social safety net. One option is the provision of a “universal basic income” which would provide an unconditional cash transfer to every citizen. How would UBI affect economic inequality and the lives of workers in the US? Is it affordable without significantly revamping other government welfare programs?
These and other questions will be explored in the second Cotter Debate sponsored by the Goldfarb Center. On one side, Amy Castro-Baker is an assistant professor of economics at the University of Pennsylvania’s School of Social Policy and Practice and is a Principal Investigator on the Stockton Economic Empowerment Demonstration, the basic income experiment being conducted in Stockton, California. On the other, Michael Strain is the John G. Searle Scholar and director of economic policy studies at the American Enterprise Institute with a research emphasis on labor and public economics.