Universal Basic Income Explained - Free Money for Everybody? UBI

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What is UBI? How would free money change our lives.
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A few sources:
Cash Transfers and Temptation Goods
bit.ly/2gfkwsN
Debunking the Stereotype of the Lazy Welfare Recipient: Evidence from Cash Transfer Programs Worldwide
bit.ly/1lFeO5Y
The Poverty Trap
bit.ly/2iCv9cK
The short-term impact of unconditional cash transfers to the poor: experimental evidence from Kenya
bit.ly/2ixSbEn
Opinion: Our Broken Economy, in One Simple Chart
nyti.ms/2vzE1be
Modeling the Macroeconomic Effects of a Universal Basic Income
bit.ly/2xLWUFi
On the Economics of a Universal Basic Income
bit.ly/2BdHoaX
What Would Happen If We Just Gave People Money?
53eig.ht/230Td6X
Cash Transfers and Temptation Goods -
A Review of Global Evidence
bit.ly/2cXUTyY
Cash transfers: what does the evidence say? A rigorous review of impacts and the role of design and implementation features
bit.ly/2av62Ya
Cash as Capital
bit.ly/2rGvlgZ

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Universal Basic Income Explained - Free Money for Everybody? UBI
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Kurzgesagt – In a Nutshell
Kurzgesagt – In a Nutshell - преди 8 месеца
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NPC 86740296
NPC 86740296 - преди 4 дни
@Frank playlist YOURE A FUCKING PIECE OF SHIT LEARN HOW TO UNTOGGLE CAPS LOCK
NPC 86740296
NPC 86740296 - преди 4 дни
@Frank playlist BULLSHIT
NPC 86740296
NPC 86740296 - преди 4 дни
@Frank playlist TURN CAPS LOCK OFF YOU ILLITERATE SHIT
NPC 86740296
NPC 86740296 - преди 4 дни
@Frank playlist lol turning 1million into 7 billion makes him lazy? Lol retard god you're stupid, tiny hands? His fingers are around 8mm shorter than the average male hand his pinky to thumb length is slightly below average, ha it's funny how you criticise trump for small hands not his policies.
nolesrbin94
nolesrbin94 - преди 5 дни
When I finally finish uni and get paid, I'm sending you guys some support. You really deserve it
John Obbard
John Obbard - преди 5 часа
Literally this doesn’t guarantee anything, no one is stopping Coca Cola or amazon by raising their prices by 1000 dollars, it’s just going to lead to inflation and the poor will become even poorer
Rainbow Pierrot
Rainbow Pierrot - преди 6 часа
To all the people that think work is necessary: im very happy with all my free time and you can lick my peepee
Yonah Sefchovich
Yonah Sefchovich - преди 13 часа
While I’d love to help the US be better, I think one part of this is wrong. I work at a very popular Gad station chain and there I see some bad signs. I’ve seen literal thousands of people (I deal with over a thousand customers a day) use their food stamp cards ‘improperly’. Essentially they’ll do one of two things. First, they’ll use their food stamps to buy snacks and candy, not actual nutricional food. Alternatively or on top of that, people use their food Stamps to buy food or candy, and then use their own money (which they have because hey didn’t spend it on the food) to buy either alcohol, tobacco or lottery. And frankly I see that as an abuse of the system. That money is meant as a temporary boost to help you get out of your financial hole and improve your position. Instead people just take it as free cash they can use for whatever they want (which isn’t the purpose of it at all). So I’d have to see the study saying poor people won’t spend it on negative externalities, because my firsthand experience has shown me otherwise.
Oneoftheskull
Oneoftheskull - преди 15 часа
I can easily tell you where the money would come from. Why don't the put a earning cap on these dingleberries ridiculous pay checks? There is literally zero reasons why we should have billionaires on this planet. Zero. A earning cap should end around 250 million. And I think that is too much. What do those people do after they earn that much anyways? Nothing. Then the rest of that money could be spread and distributed where it's needed. Put a end to the greed.
Operation Blackout fighting against Oh Yeah Yeahs!
this video was made by Andrew Yang
keystothebox
keystothebox - преди ден
Of course my friends and I would quit our job if we had UBI. I have no idea what make-believe study was done but it is a lie. There is no such thing as free money... All money from the government is taken from taxpayers. UBI would bankrupt the country... Do it in your country and find out for yourself moron.
David Fonseca
David Fonseca - преди ден
Yang gang
James Muecke
James Muecke - преди ден
This is nothing more than another form of social insanity trying to appear viable and valuable, yet it actually carries the guarantee of binding poverty due to the massive expansion of rewarded indolence. UBI has essentially been in force for sixty years now in the United States. Our massive inner city poverty has spread to every small town and into all of rural America by rewarding not working with a steady government "check". Once that check begins it is human nature to be willing to adjust one's lifestyle down to your income so you won't have to work--ever. In fact, the most work you will ever do again is figuring out how to get more money from the government without working. For example, tens of millions of low income couples now live together without marriage so they can still receive two full checks. Without marriage binding them, they are far more likely to abandon their children on short notice and over lesser issues than they would do if married. UBI is nothing less than a dehumanizing idea on a satanic scale.
demented gamer
demented gamer - преди ден
I'd try to foucus on college and probably try out YouTube and see how that goes
MundoK79
MundoK79 - преди ден
*Since the UBI is not the solution, then perhaps the solution is to kill the rich, steal their riches and divide among us. Or create a new economic system that entitles all people to eat food and not starve to death.* I prefer the first option.
Laura G.
Laura G. - преди ден
I don’t know about you guys, but I don’t trust things that sound so perfect. They don’t usually work out just because we can’t foresee every possible scenario. A system that doesn’t need so much control usually works best in my opinion. I don’t know it just sounds too good to be true.
Tyler Shain
Tyler Shain - преди ден
UBI would make it much easier to find out who is a legal voting citizen and who isn't.
R Ay
R Ay - преди ден
TREOS will change economy of people around the world
Gianflavio
Gianflavio - преди ден
Really hope this happens. It would all go to car repairs basically lol
Tara Grimmer
Tara Grimmer - преди 2 дни
1. "UBI is only a redistribution of wealth, rather than adding money to the economy, so it won't cause inflation."
2. "By giving poorer people more spending power, UBI will increase consumer spending, which will spur demand and grow the economy."
Both of these statements can not be 100% true. I generally favor UBI and think it can be made to work out really well, but this episode is kind of glossing over the challenges in a sloppy manner. Kurzgesagt usually does better than this.
Bradley Nolan
Bradley Nolan - преди 2 дни
Something i do not understand. You say it would not cause inflation. But if everyone knows everyone is making 1000 dollars more an month, what stops your landlord from simply raising the price of housing by 1000?
Rais N
Rais N - преди 2 дни
Mario Kart's 'the closer to 1st place you are the more useless items you get' is something they should apply to society
Rais N
Rais N - преди 2 дни
communism, but like way better
Shozbot
Shozbot - преди 2 дни
I was alarmed by your notion that giving $1 to a poor person helps the economy much more than giving $1 to a rich person. What do poor people do with their money? They consume it. Consumption is destruction—once you eat the sandwich, it is gone forever. It can be good destruction—a sandwich nourishes you, a movie raises your spirit. But the money is gone. Now, saving is quite different. What do rich people do with their money? They save it. If you save a dollar what happens to it? It gets invested in a productive enterprise. Production is everything. It should be obvious that before you can consume something it must be produced by someone. The solution is for everyone to be rich. In a way, we already are (United States). Even “poor” people have cell phones, air conditioning, cars, 3 meals, etc. But there is always room for improvement. In a free country, the sky is the limit. We just need to start treating everyone like the adults they are.
Indicteronomy
Indicteronomy - преди 2 дни
I'm shocked that the decrease in crime that would likely result from UBI was never mentioned
Lucca .C
Lucca .C - преди 2 дни
Welfare is shit. Replace it all with UBI cut all that burocracy, 1000 dollars per month not to much because that is very bad for everyone .
Shiroza
Shiroza - преди 2 дни
Yang 2020 for ubi
Jaimie Bailey
Jaimie Bailey - преди 2 дни
Has much changed in regard to UBI in the 2 years since this video was made?
Fliyo MB
Fliyo MB - преди 2 дни
A presidential candidate (Andrew Yang) is now running with it in his platform. And it's getting support and endorsement from politicians and economists.
Axel Gegout
Axel Gegout - преди 2 дни
very nice video i really enjoy the concept of universal income, but all the drawings are really bad, they look like nazis'drawing for jewish people
i'm jew and i'm desapointed about your video
Levi Ackerman
Levi Ackerman - преди 2 дни
i agree with you, i'm very desapointed, those trash drawings make me feel bad T-T
J Cho
J Cho - преди 2 дни
Yang 2020👍👍👍
pryodiablo
pryodiablo - преди 2 дни
My worry is that people start getting paid less. Sort of like what tipping culture did.
Joshua Santoso
Joshua Santoso - преди 3 дни
yang gang baby!
king dj
king dj - преди 3 дни
Yang for 2020
Nobody You Know
Nobody You Know - преди 3 дни
Isn’t this communism?
Toocool312
Toocool312 - преди 3 дни
wha no??? this is capitalism where people dont start at 0 like in monopoly
Eric Shinohara
Eric Shinohara - преди 3 дни
Can it still work ,while there is lots of people that want more than the others?
It's like,not everybody can eat caviar , with ubi who would eat?
If its not universal , could people still travel around the the world ?
If not , then no more income from that. UBI is for a futuristic gen , people still need to change their minds, that what i think at least
Petr Skorzeny
Petr Skorzeny - преди 3 дни
Stealing money from one person to give to another isn't moral just because you have a sob story.
Jiayi Li
Jiayi Li - преди 3 дни
ANDREW YANG!
D K
D K - преди 3 дни
I've never been given anything in my life, I work very hard for my 90k a year and need that money to feed and clothe my family. So you think I should give it to someone who is too lazy to use a little elbow grease? My friends complain about how much more I make, but when I tell them the company is hiring new employees they say "I don't want to do that" I like your channel, but not this video.
Toocool312
Toocool312 - преди 3 дни
so u dont want to earn 100k a year? and no this just makes the hard work everyone does more valuable
ron gants
ron gants - преди 4 дни
You keep saying "wealth transfer". What you MEAN is "expropriation of producers".
When you rely on the Government to write you a check, they will control what you say, do, and think.
brio
brio - преди 3 часа
@Sublime Because profits. Corporations drive the government, starting a civil war within the US, directly taking away rights from citizens, and other totalitarian actions are simply not profitable and create economic instability. The current method is to keep people in just enough poverty so that they're able to stay alive but never progress and then convince them to argue with each other over taxes and welfare as opposed to looking at the highest classes which are screwing them over.
Sublime
Sublime - преди 11 часа
@brio If nothing stops the government then why don't they?
brio
brio - преди 12 часа
Nothing stops the government from controlling what you say, do, and think right now. Sure a piece of paper known as the Constitution exists, but it's a piece of paper. It only has power when people agree to abide by it, if people do not, it is useless.
Sublime
Sublime - преди ден
Nah they wont
A M
A M - преди 4 дни
There’s nothing more powerful than an idea who’s time has come. YANG2020!
Matthew Brown
Matthew Brown - преди 4 дни
I honestly have no idea is this would be feasible in America, but I am on board for the research.
NPC 86740296
NPC 86740296 - преди 4 дни
Sadly the nomination will be rigged against Yang, same thing that happened to Bernie, warren or Biden will steal it, it's a goddamned Shame.
Jakob Løkke
Jakob Løkke - преди 4 дни
Petetion for the government to fund Kurzgesagt so we can have daily uploads
B V
B V - преди 4 дни
“10 million caregivers aged 50+ who care for their parents lose an estimated $3 trillion in wages, pensions, retirement funds, and benefits. The total costs are higher for women, who lose an estimated $324,044 due to caregiving, compared to men at $283,716. Lost wages for women who leave the work force early because of caregiving responsibilities totals $142,693. [MetLife Mature Market Group, National Alliance for Caregiving, and the University of Pittsburgh Institute on Aging. (2010).“ The MetLife Study of Working Caregivers and Employer Health Costs: Double Jeopardy for Baby Boomers Caring for their Parents.]
Ask the people cutting their work hours or leaving their jobs altogether, what an extra $1000/mo would mean to them. Caring for a loved one is a huge burden and currently has zero value. The Freedom Dividend would take the stranglehold off the caregiver and I haven’t even mentioned the financial burden of the actual patient. VAT + UBI isn’t a cure all end all but it’s a start.
The Mad Cow
The Mad Cow - преди 4 дни
What a load of gullible naive wishful lazy hogwash shit. This is a variation of welfare with a new name.. Lazy people will do nothing and receive free money while workers get taxed more to pay for this shit and the wealthy will pay a little to keep the workers at bay.. Fuck off with your smoke and mirrors future visionary fairy tale bullshit sales pitch promising the freedom to do nothing and receive everything. The global economy is driven by slaves while the developed world wears a blindfold every time it goes shopping.
Harvey Davenport
Harvey Davenport - преди ден
Toocool312 that’s 605
Toocool312
Toocool312 - преди 3 дни
bruh im guessing your iq is lower than the amount of time it takes to watch this video
The Mad Cow
The Mad Cow - преди 3 дни
@Finn Robertson I don't need to watch a video. Maybe get out in the real world and get some first hand experience with people rather than getting all your knowledge from fiction like the sources this video is referring to.
Finn Robertson
Finn Robertson - преди 3 дни
“Lazy people will do nothing” maybe watch the video before commenting, your statements directly contradict extensive research
Swiftless .B
Swiftless .B - преди 4 дни
I was curious about the poverty line here in Norway because of this video, and since I live there and I did some research,.apparently, the poverty line in Norway is 20885 USD a year which is 1740 USD a month.

I also found out that if you don't have enough money at the end of the month to buy what you want, after paying for all of the daily necessities (like food housing cloth etc) you are considered to be living in poverty here in Norway.

Growing up I remember that some years my parents did not have enough money for my sis and I to go watch the cinema or for hobby like sports or painting. I guess we lived in poverty for some years relative to the Norwegian poverty line. Which is crazy because I had a pretty normal childhood growing up, except for those years I couldn't go to the cinema, but it wasn't bad either we had a roof over our heads and food.
Paul Wittekind
Paul Wittekind - преди 4 дни
We already have it.
We give it to Israel.
Geass Sogeki
Geass Sogeki - преди 4 дни
everyone is talking about Yang but Elin Musk comes to mind for me
A M
A M - преди 3 дни
Yep, Elon Musk strongly sees the need for UBI. He already publicly endorsed Andrew Yang.
Sebastian Wescott
Sebastian Wescott - преди 4 дни
Hmm maybe if we cut the military spending by just a few percent as well as remove some welfare programs it would make enough room for UBI
Dustin Mock
Dustin Mock - преди 4 дни
The irony of mocking populists in a video about giving out free money isn't lost on me.
Rooh Shah Lee
Rooh Shah Lee - преди 2 дни
Politicians promoting UBI reminds me of vote-buying. Hmm......
Kevin Gunngunn
Kevin Gunngunn - преди 4 дни
No..no no..they want to create,Marxism.then they can put you in cattle pen.then gas chamber.
LIL BLISS
LIL BLISS - преди 5 дни
Can someone inform me (no sarcasm) how we gonna get 3.6 trillion dollars collectively for every American. (Each American has 12,000).
Light
Light - преди 5 дни
Value added tax. Over 160 countries uses it. It taxes wants not needs and can be structured to tax luxury goods more heavily while exempting consumer staples like food, clothing, and medicine. If combined with ubi the poor would not be hurt by this.
Jesse Aaron
Jesse Aaron - преди 5 дни
This is a terrible idea, and I'm broke.
A M
A M - преди 3 дни
Jesse Aaron 🤣
شيخ جوجل
شيخ جوجل - преди 5 дни
I hope for an income-based UBI with a base of $1k a month. Meaning the less you make the more the government gives to you (with a limit, of course) on top of that $1k a month.
شيخ جوجل
شيخ جوجل - преди 5 дни
Well, we now know who Kurz is voting for
Leonardo Da Kimchi
Leonardo Da Kimchi - преди 5 дни
Too bad America, the majority of Americans are easily manipulated and are uneducated, so this is just a pipe dream. Young people always are always hopeful until reality slaps them into paying taxes.
one tome plz
one tome plz - преди 5 дни
Sounds communist don’t like it
Toocool312
Toocool312 - преди 3 дни
do u even know wtf communism is?
one tome plz
one tome plz - преди 5 дни
I feel like if your worth more than 500k you don’t get it
Run
Run - преди 5 дни
andrew yangs ubi costs more than the gdp of the united states. he is a fraud!
Toocool312
Toocool312 - преди 3 дни
wha???? no it doesnt
Hayden Hooge
Hayden Hooge - преди 5 дни
Commies
Commies everywhere
Justice Warrior
Justice Warrior - преди 5 дни
Yang Yang gangbang idiot doesn't know shit about economics!!
Give everyone 1000 month and the inflation would turn your country into Venezuela!!
Dollars would be as good as toilet paper!
Justice Warrior
Justice Warrior - преди 4 дни
@Light A leftist moron you are
Light
Light - преди 5 дни
Do your research. Yang is not printing money. He's using money already in the system. For example, If everyone get 1000 tax credit it does not cause inflation.
A French
A French - преди 5 дни
If people get money they dont need to work if they dont need to work they wont work. So no one would be working but they have money so nothing would be done making either huge inflation or destroying the economy
Blockistic
Blockistic - преди 5 дни
Do we have you to blame for Andrew Yang?
Benjamin
Benjamin - преди 6 дни
Id join UBI for research. I kinda like the idea of not stressing and being able to pay my rent. Then using my income for future goals.
And the part about how welfare forces people to be lazy is so true. A guy at my work a casual employee is on welfare. Welfare gives him 500-600$ aud per week and about 250-300$ from his regular 2 shifts. If he gets extra work or holiday rate pay he in a week he looses the welfare then he can't afford to pay rent and general expenses. So instead he just does those 2 shifts and gets that welfare. And spends the rest of the week doing nothing and wasting time.
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