In the fourth episode of the Universal Basic Income (UBI) series, we explore the question: Why would you oppose UBI? We look at the flaws of the automation argument, UBI's enormous cost, how UBI would affect work, and other potential problems.

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References:

• ‘Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek’, Rutger Bregman, 2016, The Correspondent.
• ‘Basic Income: A Guide for the Open-Minded’, Guy Standing, 2017, Yale University Press, New Haven and London.
• ‘In Our Hands: A Plan to Replace the Welfare State’, Charles Murray, 2006, American Enterprise Institute for Public Policy Research, Washington DC.
• ‘Capitalism and Freedom’, Milton Friedman (with the assistance of Rose D. Friedman), 1962, The University of Chicago Press, Chicago.
• Basic Income Earth Network website.
• Intelligence Squared Debate: ‘The Universal Basic Income Is the Safety Net of the Future.’
• The Joe Rogan Experience, ‘Episode #1309 - Naval Ravikant’.
• Yang 2020 website.
• ‘What billionaires and business titans say about cash handouts in 2017’, Catherine Clifford, CNBC.
• ‘Universal Basic Income, In Perspective’, David R. Henderson, Hoover Institution.
• ‘No Strings Attached: The Behavioural Effects of U.S. Unconditional Cash Transfer Programs’, Roosevelt Institute.
• United States Bureau of Labor Statistics website.
• Parliament of Australia website.
• ‘Does Andrew Yang’s Freedom Dividend Proposal Add Up?’, Kyle Pomerleau, Tax Foundation.
• ‘Andrew Yang’s Math Doesn’t Add Up on Universal Basic Income’, Jacob Dowell, Foundation for Economic Education.

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Music: Julian Angelatos
Artwork: Nerpa Mate