A UBI (e.g. paying every adult American $8k/year) would reduce recipient’s need for money and so may reduce their incentive to work. This is frequently offered as an argument against a UBI (or as an argument for alternative policies like the EITC that directly incentivize work). This argument is sometimes presented as economically hard-headed realism. … More It’s not economically inefficient for a UBI to reduce recipient’s employment