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Mouhcine Guettabi – Can a Universal Basic Income Reduce Childhood Obesity?

Summary:
Alaska’s experience suggests it can It seems only middle income groups benefited. I might speculate and say this is because high income groups already have sufficient money, and low income groups didn't benefit because the Basic Income wasn't enough to mitigate the effects of poverty. The article says childhood obesity greatly increased after 1980, when Reagan implemented neoliberalism, after that middle income groups started to suffer, it seems.  The article says how the Basic Income has saved Alaskan society a lot of money in health-care costs.  The Alaska Permanent Fund Dividend (PFD), the yearly distribution of unconditional cash to all Alaska residents, is providing researchers with a one-of-a-kind source of information on the effect of a universal basic income

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Alaska’s experience suggests it can


Mouhcine Guettabi - Can a Universal Basic Income Reduce Childhood Obesity?


It seems only middle income groups benefited. I might speculate and say this is because high income groups already have sufficient money, and low income groups didn't benefit because the Basic Income wasn't enough to mitigate the effects of poverty.

The article says childhood obesity greatly increased after 1980, when Reagan implemented neoliberalism, after that middle income groups started to suffer, it seems. 

The article says how the Basic Income has saved Alaskan society a lot of money in health-care costs. 

The Alaska Permanent Fund Dividend (PFD), the yearly distribution of unconditional cash to all Alaska residents, is providing researchers with a one-of-a-kind source of information on the effect of a universal basic income (UBI) on socioeconomic well-being. The latest study shows that a $1,000 PFD reduces the probability of an Alaskan child being obese by the age of three by as much as 4.5 percentage points. That translates to about a 22 percent reduction in obesity.

American Scientific 




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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