Economic Development

Center Heads

Bo You - PC '20

Bo You is a sophomore in Pierson College, double-majoring in Statistics & Data Science and Economics. He has lived in Beijing, Salt Lake City, Utah and Miami, Florida. Outside of the Roosevelt Institute, Bo plays for Yale’s Quizbowl team and is a member of the Yale Political Union. He enjoys watching movies and playing video games with his friends, doodling, and impatiently waiting for the next season of Game of Thrones.

Alex O'Neill - DC '20

Alex O'Neill is a sophomore history major in Davenport College. Alex grew up in New York City and attended the Horace Mann School for entering Yale. This will be his second semester as co-Head of the Economic Development Center of Yale's chapter of the Roosevelt Institute. Alex was previously a member of the Security and Foreign Policy Center for two semesters. In addition to his work with Roosevelt, Alex is a member of the club rugby team and an online editor for The Politic. Outside of Yale, he is interested in military history, sports, and politics. Alex plans to pursue a joint degree in law and policy after graduation.


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Universal Basic Income

The distribution of a Universal Basic Income (UBI) has been suggested as a means for guaranteeing a minimum standard of living for all people as economic conditions evolve. A number of prominent technological leaders, such as Elon Musk, believe that progress in the fields of robotics and automation will disrupt labor markets and render many jobs traditionally held by humans obsolete. Finland, Canada, the Netherlands, and other countries are conducting large scale experiments to test the efficacy of such a program. We intend to perform a preliminary analysis of their results in order to determine the benefits and drawbacks of providing a UBI. Specific questions will include: how to fund UBI; whether establishing a UBI would trigger inflation; whether UBI would make people less willing to work; and what further analyses must be done to fully understand the UBI.