New Study Challenges Effectiveness of Universal Basic Income

Research finds UBI recipients work less and earn less, raising questions about its viability as a policy.

Participants given $1,000 monthly worked fewer hours and saw a decrease in income.
The study tracked 1,000 people over three years in Illinois and Texas.
Recipients spent more time on leisure activities rather than pursuing better jobs or starting businesses.
The findings contrast with UBI advocates' claims that it would boost productivity and entrepreneurship.
Policymakers must weigh the high costs of UBI against its limited economic benefits.