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 Civic Leadership Academy Information Session Thu., August 15, 2024 | 12:00 PM Virtual Event Chicago, IL 60614 United States Harris Evening Master's Program Information Session Wed., August 21, 2024 | 12:00 PM Civic Leadership Academy Information Session Wed., August 21, 2024 | 12:00 PM Virtual Chicago, IL 60614 United States
August 10, 2024 ‘A movement, not just a moment’: Inside the arduous work of Illinois’ reparations efforts