4 ms·
The problem I have with all of these studies is that they only look at the receiving side of the equation. In other words, their experiment is not a closed syst
by joshlemer 7y ago
The problem I have with all of these studies is that they only look at the receiving side of the equation. In other words, their experiment is not a closed system where their subjects have to also provide the free money to each other, which is what UBI proposes.
The results therefor are completely uninteresting -- do people's quality of life go up when you just give them free money, no strings attached? I would certainly expect so! I don't think this is news to anybody. But what about the people paying for the UBI? If their taxes have to go up 3%.. 5%.. 10%.. whatever it is, then any respectable study of the affects of UBI has to at the very least take into account the negative affects on the paying population, if there are any. Otherwise, the conclusions we draw are probably going to be disastrously wrong.
An other way of thinking about it is with a thought experiment. If scientists didn't consider the full affects of their experiments on the entire system as a whole, then they could easily show that entropy decreases over time, or that momentum or energy or mass are not conserved.
So, I'd like to see a study where participants are divided into payers and recipients. Perhaps, 90% are payers and 10% are recipients, and we track not only the benefits in lifestyle that the receiving 10% enjoy, but also look for any drops in quality of life suffered by the 90%.