- cross-posted to:
- brainworms@lemm.ee
Participants received $1,000 a month. They took better jobs, went back to school and started opening businesses.
Study: https://www.openresearchlab.org/studies/unconditional-cash-study/study
Archived version: https://archive.ph/8BtU9
I worry about these pilot studies, because they don't show the large-scale effects on a nation's economy.
Simply put: careful of drawing conclusions about UBI from a study on BI
We had plenty of real life tests. Look at COVID-19 as the latest large scale example. Countries were giving out people unconditional cash and research showed that it was overwhelming success.
There are also plenty of different scale examples in the world. See https://www.vox.com/future-perfect/2020/2/19/21112570/universal-basic-income-ubi-map