Obviously, receiving free money is better than not receiving free money. There's nothing surprising about that. The question is where this money will come from. You can't support universal basic income from casinos or oil wealth, both of which have major negative externalities to boot.

This is functionally no different than dividends paid by a company to its shareholders (although this Casino enjoys a local state-sanctioned monopoly, and the shareholder is the tribe council, so it is slightly different, but economically similar).

UBI on the other hand is done by taxing ourselves to pay ourselves, or worse, printing to pay ourselves.

>Even in Cherokee country, where the additional income is quite sizable, the payments are not enough to live on

>The Alaska Permanent Fund has been giving $1,000 to $2,000 a year to its citizens for decades

Neither of these are amounts to not work on. Many people quit working after reaching a specific "UBI". Either through social security or retirement/investment accounts. This is also the goal for many folks such as FIRE.

Again, inflation isn't accounted for.

Paywalled, anyone have another link?