>> A German experiment has found that people are likely to continue working full-time even if they receive no-strings-attached universal basic income payments.

>> A German experiment has found that people are likely to continue working full-time even if they receive no-strings-attached universal basic income payments. That's because this is not basic income but just an additional, lucky source of income, for a limited time. It's effectively landing a contract job on top of a regular job. I'm gonna go to great lengths to keep both since I can save the additional money and they might have quite an impact on my life. I'm guessing the target people were not the best paid workers in Germany but still, saving €1200 per month is a lot more than the average of €450 ("According to a survey conducted in 2020 in Germany, the average monthly savings among the population amounted to 451 euros."). So if they were an average family that had a job and saved €450, with the "UBI" they just managet to triple their savings over a period of three years! Of course people won't quit their jobs, they're not stupid. Overall it shows absolutely nothing on UBI but maybe it shows something on human psychology and rational behavior.