4 ms·
> Firstly, this probably isn't correct, see this recent report from Finland: https://twitter.com/rcbregman/status/1258336749828419584 https://twitter.com/rcbreg
by leereeves 6y ago
> Firstly, this probably isn't correct, see this recent report from Finland: https://twitter.com/rcbregman/status/1258336749828419584 https://twitter.com/rcbregman/status/1258336749828419584
According to that report, that experiment only paid people 560 euros a month. That's not enough to make staying home and playing video games an option.
- zozbot234 6y agoYou may not see this as obvious, but 560 euros per month is a lot as an unrestricted grant to low-income folks. It may not be enough to stay at home and play video games, but it's easy to supplement with even low-intensity, part-time work. That's pretty much what many low-income folks need; a manageable on-ramp towards full participation in the labor market. UBI is a game changer, even and perhaps especially at these "low" levels.
- leereeves 6y agoMy first full-time job paid $7 per hour, but let's not make this personal. The point was that the study didn't provide a livable UBI so it doesn't provide evidence about the effects of a livable UBI, in particular, whether it would reduce hours worked. This study was just a little extra money, enough to improve the life of an average working-class person but not really enough to enable them to choose to work less.