People kept working, became healthier while on basic income: report

Re:People kept working, became healthier while on basic inco... by nybble41 on Thursday March 05, 2020 @06:19PM (#22499458)

> You can argue that the only way to perform a completely accurate UBI experiment would be to run it for at least 60-80 years for everyone.

You could get decent results in less than 60-80 years by granting each participant a fully-funded fixed annuity guaranteeing them a specific income for the remainder of their lives independent of the continuation of the study. Of course, that would raise the cost of the study to something approaching a real (non-universal) BI program.

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Re:People kept working, became healthier while on basic inco... by jpttsn on Friday March 06, 2020 @09:37AM (#22503842)

Lotteries do this all the time, so there’s plenty of data.

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Re:People kept working, became healthier while on basic inco... by nybble41 on Friday March 06, 2020 @10:52AM (#22504512)

Yes, and a depressing number of lottery winners end up poorer than they started within a few years after burning through all their winnings and then going into debt to support their new lifestyle. Easy come, easy go.

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