News for hackers. Stuff that matters.
Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by ktRolster on Friday May 06, 2016 @02:33PM (#11645770)
Also worth considering are countries where a large portion of the economy is based on family members sending remittances back from the United States (or other country). In a sense, they already have a form of basic income for the people who remain at home.
Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by dragonwriter on Friday May 06, 2016 @03:25PM (#11646156)
> Also worth considering are countries where a large portion of the economy is based on family members sending remittances back from the United States (or other country). In a sense, they already have a form of basic income for the people who remain at home.

Only in that some of the people that remain home have a source of income. But that doesn't make it anything like a "basic income", anymore than the fact that some people are supported by family members working in the same country means that that country already has something like basic income.

Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by ktRolster on Friday May 06, 2016 @05:37PM (#11646879)
In both cases we're talking about an infusion of cash from the outside, distributed somewhat equally (as opposed to being given to banks and politicians).

This can be useful for answering questions such as:

* Will this discourage entrepreneurship?

* Will this create a culture of dependency?

* Will this boost the economy overall?

* If the economy is boosted, how sustainable is it?

These are the kinds of questions you're not going to be able to answer from a single data point, so it's worth finding similar situations to compare.

Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by dragonwriter on Friday May 06, 2016 @05:53PM (#11646966)
> In both cases we're talking about an infusion of cash from the outside, distributed somewhat equally

Remittances are not distributed even "somewhat equally".

Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by ktRolster on Friday May 06, 2016 @07:21PM (#11647429)
Compared to giving the money to banks and politicians, yes, they are extremely equal