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Now that's an interesting idea. Starting a UBI in a poor country has to be an awful lot cheaper than starting it in a rich one with a high cost of living; a sma
by JulianMorrison 11y ago
Now that's an interesting idea. Starting a UBI in a poor country has to be an awful lot cheaper than starting it in a rich one with a high cost of living; a small charity can do a comparatively large amount of good.
- morgante 11y agoThe ideal would be to give it to the entire population of a small, poor island nation. You could then get a very good idea of its impacts without worrying too much about perverse incentives and other outcomes. It's unclear to me how this study is going to deal with people moving into the UBI villages.
- chipsa 11y agoLooks like the study participants are fixed at the beginning of the experiment. People who move out keep their cash, people who move in don't get anything.
- throwaway049 11y agoRemember that this is an experiment so to do good cannot be assumed. The hope is that enough people will use the security of UBI to build up some productive enterprise and elevate the wealth of the whole community, but there is a (very small) risk that everyone will just be idle consumers who will be in trouble when the experiment ends.
- JulianMorrison 11y agoI consider it a major advantage of UBI that it permits freeloading. A lot of activity that would raise quality of life later, is a pure cost right now. Like studying for example, or starting a business that isn't yet profitable, or writing a novel.