A leading economic think tank needs an in-depth report analyzing the potential viability and societal consequences of implementing a Universal Basic Income (UBI).
Provide conclusive recommendations on whether pilot programs should be expanded.
Write about
•Evaluate the main theoretical arguments supporting the implementation of a UBI, while simultaneously discussing the potential economic drawbacks, such as inflationary risks.
•Identify the ethical responsibilities of the government in securing citizen welfare in an increasingly automated economy and provide conclusive recommendations on whether pilot programs should be expanded.