July 25, 2024 Reason magazine reported on a new working paper about the potential downsides to universal basic income (UBI) programs after studying the effects of a $1,000/month stipend over three years. The article quotes Prof. Damon Jones comment on X. So, free time is good [and] guaranteed income recipients use some of the money to free up time," argued Damon Jones, a professor at the University of Chicago's school of public policy, on X. "The results are bad if you want low-income people to be doing other things with their time, for example working. Read the full article here: https://reason.com/2024/07/25/bad-news-for-universal-basic-income/ Faculty Spotlight Damon Jones Associate Professor Damon Jones conducts research at the intersection of three fields within economics. Upcoming Events More events Get to Know Harris! A Virtual Information Session Thu., May 29, 2025 | 8:30 AM Get to Know Harris! Public Sector Scholarship Fri., May 30, 2025 | 12:00 PM Masterclass with Navin Kumar Tue., June 03, 2025 | 5:00 PM