Comment by ponsin

The problem with UBI trials is that they cost a lot of money to be remotely effective. That is because for it to be somewhat meaningful the amount has to be high, it has to involve a lot of people, and it has to last a long time. I was wondering, what if researchers try it in a very poor country where $10 a month is meaningful. Many countries won't want to do it presumably because money will be leaving their country. However, it will be a relatively cheap way of seeing how UBI would effect inflation, self choice unemployment, and creative inventions.