Another California City is Trying a Universal Basic Income: Will it Work?

A common argument is that if our 80+ welfare programs were replaced with a UBI, it would reduce perverse incentives, shrink bureaucracy, and boost overall effectiveness. Even celebrated libertarian economists such as Friedrich Hayek and Milton Friedman supported similar policies that would create a minimum level of income.

However, there are multiple reasons to be skeptical of a UBI improving the status quo.