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Whatever you think of UBI, you won’t be able to point at the results of this study and make any compelling argument that UBI works or doesn’t work. For UBI to
by IanDrake 8y ago
Whatever you think of UBI, you won’t be able to point at the results of this study and make any compelling argument that UBI works or doesn’t work.
For UBI to be tested effectively it would, at a minimum, need be implemented at a national level and include everyone in that nation.
For one, that is the only way to see the macro economic effects. Second, in this study the money falls from the sky. No one is being taxed to pay for the UBI nor is the currency being debased.
In any case, if it works, people like me will point to these flaws. If it doesn’t work, the pro-UBI camp will have their set of flaws to argue.
Finally, this study seems to suggest that ‘success’ is determined by what percent of people on UBI work. Instead they should be measuring people’s standard of living improvement, if they work or not.