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Episode 48 - Universal Basic Income with Economist and Professor Ioana Marinescu

UBI expert, professor and economist Ioana Marinescu of the University of Pennsylvania joins the panel to discuss universal basic income, minimum wage, and the stimulus. With the economy potentially breaching the danger zone as the country begins to lockdown again, a discussion of increased public benefits becomes more important than ever.

Ioana Marinescu of the University of Pennsylvania joins the Meet Me in the Middle panel of Pulitzer Prize winning historian Ed Larson, International Trade Attorney Jane Albrecht, and CurtCo CEO Bill Curtis, to discuss universal basic income, minimum wage, and the stimulus. With the economy potentially breaching the danger zone as the country begins to lockdown again, a discussion of increased public benefits becomes more important than ever. Throughout the episode the panel discusses:

2:30 What is the conversation around the $15 Federal minimum wage?

6:09 Fair Wage vs Living Wage

10:26 What is Universal Basic Income?

12:28 Why is UBI unconditional?

14:00 What are the benefits to UBI?

16:00 The elimination of other public benefits for UBI

18:00 Where would the extra 2 trillion dollars come from?

20:15 Investing in education first and foremost

24:00 How much of the UBI payments will go directly into the economy?

28:00 UBI: Too expensive with not enough benefit?

30:45 What would Ioana recommend to the incoming administration regarding a Stimulus package?

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Hosted by: Bill Curtis, Jane Albrecht, and Ed Larson

Produced and edited by: AJ Moseley

Sound Engineering by: Steve Riekeberg

Theme Music by: Celleste & Eric Dick