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I am not an unconditional advocate for Basic Income but I think that the idea is intriguing and could potentially be very efficient. I am not going to argue abo
by yoha 13y ago
I am not an unconditional advocate for Basic Income but I think that the idea is intriguing and could potentially be very efficient. I am not going to argue about what BI could or could not do but I would really like to see more experiments with it to have some tangible information. I would rather see that it fails than hope that it would work. Of course, I'll be delighted to see it work.
[1] https://en.wikipedia.org/wiki/Basic_Income https://en.wikipedia.org/wiki/Basic_Income
- yummyfajitas 13y agoWe had a couple of experiments. This article asserts all sorts of vague positive effects - the concrete effects are a 9-13% drop in working hours and an 8.5% decrease in hospital visits. Unfortunately, as usual with articles on this topic, primary sources are not cited. https://decorrespondent.nl/541/why-we-should-give-free-money-to-everyone/31639050894-e44e2c00 https://decorrespondent.nl/541/why-we-should-give-free-money... Back of the envelope calculations are also useful. I did one a while back, you can steal the source code and build your own to at least determine affordability. The basic gist is that an inefficient targeted program is vastly cheaper than an efficient untargeted one. http://www.chrisstucchio.com/blog/2013/basic_income_vs_basic_job.html http://www.chrisstucchio.com/blog/2013/basic_income_vs_basic...