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Scott Santens

@scottsantens

Founder and President of @ITSAfoundation. I focus on unconditional/universal basic income (#UBI) and have a crowdfunded basic income (https://t.co/FjhtKCxYE0)

calendar_today03-04-2008 23:37:19

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Scott Santens
@scottsantens

3 months ago

I often see memes like this. It's just not how UBI works. Read a research paper instead of a meme.

camecon.com/what/our-work/…

Helps to understand concepts like marginal propensity to consume and how $1 spent by the bottom 20% can have 3x the GDP growth impact as $1 by the top 20%.

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