Pros

Unconditional basic income might be an efficient way to redistribute the benefits from automation and globalization.

Since it is not conditional on income, unconditional basic income does not create “welfare traps.”

Unconditional basic income is simple and transparent, with low administrative costs.

Unconditional basic income serves as an efficient buffer against shocks and systemic risks from automation and globalization.

Some evidence from experimental studies suggests that unconditional basic income might have positive effects on labor supply, responsibility, and investment in human capital.