A monthly universal basic income (UBI) empowered recipients and did not create idleness. They invested, became more entrepreneurial, and earned more. The common concern of “laziness” never materialized, as recipients did not work less nor drink more.
Well, no, we’ve never been able to test UBI. That would require the entire population of significant geographic areas to receive UBI levels of income in a way they start believing it’s a safe thing to expect for the foreseeable future, and to model how it’s funded rather than just how it pays out.
What we’ve done is frequently means test the experiments, deliberately select low income people, but only a tiny portion of a larger low income population. Also, the participants know very well that the experiment might be a few months or a year, but after that they’ll be on their own again, so they need to take any advantage it gives them. So all the experiments prove is that if you give some, but not all, low income people a temporary financial benefit, they can and will out compete others without the benefit.
UBI might be workable, or it might need certain other things to make it workable, or it might not be workable, but it’s going to be pretty much impossible to figure it out in a limited scope experiment.
The Alaska permanent fund is about as close to UBI as we’ve gotten, but the amounts are below sustenance living so it’s not up to the standard either.
I know this is a popular perception, but it doesn’t allign with the results of experiments where random citizens were granted an UBI.
https://www.givedirectly.org/2023-ubi-results/
Huh would you look at that, in the UBI experiments it actually gave people more freedom to do the kind of work they wanted to do.
Mein gott, such a terrible policy.
Well, no, we’ve never been able to test UBI. That would require the entire population of significant geographic areas to receive UBI levels of income in a way they start believing it’s a safe thing to expect for the foreseeable future, and to model how it’s funded rather than just how it pays out.
What we’ve done is frequently means test the experiments, deliberately select low income people, but only a tiny portion of a larger low income population. Also, the participants know very well that the experiment might be a few months or a year, but after that they’ll be on their own again, so they need to take any advantage it gives them. So all the experiments prove is that if you give some, but not all, low income people a temporary financial benefit, they can and will out compete others without the benefit.
UBI might be workable, or it might need certain other things to make it workable, or it might not be workable, but it’s going to be pretty much impossible to figure it out in a limited scope experiment.
The Alaska permanent fund is about as close to UBI as we’ve gotten, but the amounts are below sustenance living so it’s not up to the standard either.