GZERO World Clips

One economist’s argument against universal basic income

One Economist’s Argument Against Universal Basic Income | LSE's Minouche Shafik | GZERO World

The idea of governments providing all adults with a set amount of cash on a regular basis, no strings attached, is gaining attention worldwide — especially given the need to expand post-pandemic social safety nets. But for London School of Economics Director Minouche Shafik, universal basic income "is like giving up on people." Find out why on the latest episode of GZERO World, which begins airing on US public television Friday, May 28. Check local listings.

More For You

Russian President Vladimir Putin meets with journalists to comment on new U.S. sanctions targeting two major Russia's oil producers, as well as other international issues, in Moscow, Russia, October 23, 2025.
Sputnik/Alexander Shcherbak/Pool via REUTERS

The US has paused Russian oil sanctions in a bid to stabilize energy markets rocked by the war with Iran. Administration officials stress that it’s a “tailored” measure, applying only to oil already loaded onto tankers, but it’s still a gift to Russia, which has already been clocking an extra $150 million daily in oil revenues since the war began.