How to Solve Poverty

This lesson dives into the concept of Universal Basic Income (UBI) as a potential solution to poverty, detailing its mechanisms, benefits, and criticisms. UBI is defined as a regular, unconditional cash payment to individuals, aiming to ensure a minimum level of financial support. The script discusses how UBI could help reduce poverty by providing a safety net, simplifying welfare systems, and empowering individuals to make choices benefiting their lives. However, it also addresses concerns regarding UBI's funding, potential inflationary effects, and its impact on work incentives and targeted support for the vulnerable. Furthermore, it explores the implementation feasibility, citing examples like Finland's pilot program and stressing the need for sustainable funding and political support. The script concludes with advice for students passionate about addressing poverty, highlighting the skills necessary for studying and advocating UBI policies.

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What is How to Solve Poverty?

Learn to solve one of the greatest challenges of our time: poverty. In this course you’ll use systems thinking to understand the causes, systems, and obstacles underlying the poverty challenge and discover a portfolio of possible solutions. Explore our easy-to-understand, science-backed lessons with actionable advice and practical skills you can learn to start taking action right away without being an economist!

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