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An excellent read about this topic: Scarcity: The New Science of Having Less and How It Defines Our Lives (Sendhil Mullainathan & Eldar Shafir) The authors, t
by yboris 7y ago
An excellent read about this topic:
Scarcity: The New Science of Having Less and How It Defines Our Lives (Sendhil Mullainathan & Eldar Shafir)
The authors, through empirical research (awesome experiments) show that scarcity (poverty) makes people perform worse on IQ tests by ~17 points (which they regain as soon as scarcity disappears). Poverty makes day to day living an endless barrage of difficult decision making.
- AareyBaba 7y agoAndrew Yang mentions this in his U.S. Presidential campaign speeches as a benefit of UBI. I wish more people were listening to his message. From battered women to families where the sole earner has lost their job - all would benefit from a minimum income and make this a much better society.