Democratic presidential hopeful Andrew Yang has a plan to provide all Americans over the age of 18 with $12,000 of income annually from government funds. He points to one state that has had a similar system in place for decades — Alaska. (1/6)
on the Alaskan labor market by comparing trends in the state with similar states like Wyoming and Utah.
What's notable about their finding is that it conflicts with one of the major criticisms of Yang's"Universal Basic Income" plan: If people are receiving free cash from the government, they're less likely to work.
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