4 ms·

*in certain parts of kenya, according to one study. Does anyone have a link to the actual paper? I think HN knows by now that most publications miss the nuance

*in certain parts of kenya, according to one study. Does anyone have a link to the actual paper? I think HN knows by now that most publications miss the nuance of most publishings.

darksaints 7y ago
Yeah, that's the real problem here. We've long known that limited forms of communism, such as cooperatives and communes, can function extremely well in small self selected populations, but fall apart when they get big enough to be taken advantage of by bad actors. I think there's a future for basic income, but I'm not going put faith in it for broader adoption without vastly broader study.
- farrarstan 7y ago
  And capitalism?
  - nine_k 7y ago
    Capitalism is a system that builds some form of increasing prosperity using people's selfish behaviors. Historically, outright capitalism at scale had outperformed outright communism at scal. Europe is actively experimenting with small admixtures of communism / socialism to overcome some of the shortcomings of capitalism, as they see it.
    - farrarstan 7y ago
      how long do you think history is?
      - nine_k 7y ago
        Capitalism proper only exists for a few centuries.
jwilk 7y ago
http://emiguel.econ.berkeley.edu/research/general-equilibrium-effects-of-cash-transfers-experimental-evidence-from-kenya http://emiguel.econ.berkeley.edu/research/general-equilibriu...
_rpd 7y ago
Give Directly press release ... https://www.givedirectly.org/how-do-cash-transfers-impact-neighbors/ https://www.givedirectly.org/how-do-cash-transfers-impact-ne... Direct link to paper ... https://www.givedirectly.org/wp-content/uploads/2019/11/General-Equilibrium-Effects-of-Cash-Transfers.pdf https://www.givedirectly.org/wp-content/uploads/2019/11/Gene...
Carioca 7y ago
A much larger program called Bolsa Família has been in place for almost two decades here in Brazil. The findings were smaller but still positive: for every R$1 that went into the program, GDP grew by a calculated R$1,78 [1] [1]: https://valor.globo.com/brasil/noticia/2013/10/15/ipea-cada-r-1-gasto-com-bolsa-familia-adiciona-r-178-ao-pib.ghtml https://valor.globo.com/brasil/noticia/2013/10/15/ipea-cada-... (original article, in Portuguese and paywalled, can be read here: https://outline.com/SAALuA https://outline.com/SAALuA)
klyrs 7y ago
And of course, distribution and quantity seems to have an effect. Lotteries have famously bad impacts... https://www.marketwatch.com/story/how-comparing-yourself-to-others-can-improve-your-financial-well-being-2018-03-14 https://www.marketwatch.com/story/how-comparing-yourself-to-...

*in certain parts of kenya, according to one study. Does anyone have a link to the actual paper? I think HN knows by now that most publications miss the nuance of most publishings.

darksaints 7y ago

Yeah, that's the real problem here. We've long known that limited forms of communism, such as cooperatives and communes, can function extremely well in small self selected populations, but fall apart when they get big enough to be taken advantage of by bad actors. I think there's a future for basic income, but I'm not going put faith in it for broader adoption without vastly broader study.

farrarstan 7y ago
And capitalism?
- nine_k 7y ago
  Capitalism is a system that builds some form of increasing prosperity using people's selfish behaviors. Historically, outright capitalism at scale had outperformed outright communism at scal. Europe is actively experimenting with small admixtures of communism / socialism to overcome some of the shortcomings of capitalism, as they see it.
  - farrarstan 7y ago
    how long do you think history is?
    - nine_k 7y ago
      Capitalism proper only exists for a few centuries.

jwilk 7y ago

http://emiguel.econ.berkeley.edu/research/general-equilibrium-effects-of-cash-transfers-experimental-evidence-from-kenya http://emiguel.econ.berkeley.edu/research/general-equilibriu...

_rpd 7y ago

Give Directly press release ... https://www.givedirectly.org/how-do-cash-transfers-impact-neighbors/ https://www.givedirectly.org/how-do-cash-transfers-impact-ne... Direct link to paper ... https://www.givedirectly.org/wp-content/uploads/2019/11/General-Equilibrium-Effects-of-Cash-Transfers.pdf https://www.givedirectly.org/wp-content/uploads/2019/11/Gene...

Carioca 7y ago

A much larger program called Bolsa Família has been in place for almost two decades here in Brazil. The findings were smaller but still positive: for every R$1 that went into the program, GDP grew by a calculated R$1,78 [1] [1]: https://valor.globo.com/brasil/noticia/2013/10/15/ipea-cada-r-1-gasto-com-bolsa-familia-adiciona-r-178-ao-pib.ghtml https://valor.globo.com/brasil/noticia/2013/10/15/ipea-cada-... (original article, in Portuguese and paywalled, can be read here: https://outline.com/SAALuA https://outline.com/SAALuA)

klyrs 7y ago

And of course, distribution and quantity seems to have an effect. Lotteries have famously bad impacts... https://www.marketwatch.com/story/how-comparing-yourself-to-others-can-improve-your-financial-well-being-2018-03-14 https://www.marketwatch.com/story/how-comparing-yourself-to-...