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Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Thursday May 07, 2020 @11:08AM (#23103844)
Don't we already know how that works? Folks on a pension; folks in a state that provides stipends (e.g. Alaska); folks who are independently wealthy. Their behavior has been studied repeatedly, I imagine.

In fact I'm confused why this keeps being 'tried' like its some new idea.

Re:Finnish basic income pilot improved wellbeing, study finds by enaaem on Thursday May 07, 2020 @12:36PM (#23104911)
We already know how society looks like if a small portion does not need to work. But how will it be if no one needs to work?

An interesting case is Saudi Arabia that pretty much runs on free oil money. Saudi nationals are notorious for having bad work ethics, and they have to import many foreign workers to run the economy. To prepare the country for a post oil world companies are required to hire a minimum percentage of Saudi nationals.

https://en.wikipedia.org/wiki/Saudization

Re:Finnish basic income pilot improved wellbeing, study finds by moduspol on Thursday May 07, 2020 @02:18PM (#23106245)
Also housewives, disability recipients, unemployed young adults still living at home, retirees.

We've got several demographics that have their basic needs covered without working. Not all are directly comparable with working peers, but surely some likely outcomes could be predicted.

Re:Finnish basic income pilot improved wellbeing, study finds by CuriousSkeptic on Thursday May 07, 2020 @07:57PM (#23109802)
There was some studies in USA in the 70s which spurred som controversy due to an increased divorce rate. Ostensibly due to more housewives using the financial safety to beak free.

An interesting datapoint since you mentioned that group.

Re:Finnish basic income pilot improved wellbeing, study finds by moduspol on Thursday May 07, 2020 @08:31PM (#23110024)
Yes. Another fine example of, "when you incentivize doing something, people are more likely to do it."
Re:Finnish basic income pilot improved wellbeing, study finds by ashtonkem on Thursday May 07, 2020 @11:10AM (#23103871)
Alaska is highly underrated in terms of UBI experiments.
Re:Finnish basic income pilot improved wellbeing, study finds by akvadrako on Thursday May 07, 2020 @12:34PM (#23104888)
It's only about $1600 a year in a state with high living expenses. I don't see how that will tell you much about a full-on UBI program.
Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Thursday May 07, 2020 @12:48PM (#23105087)
Used to be higher. Lots of historical data.
Re:Finnish basic income pilot improved wellbeing, study finds by gustavo-fring on Thursday May 07, 2020 @01:14PM (#23105442)
No, it didn't. It peaked at $1900 for 2000, which if we take into account inflation is about $3000, which is still a 1/4th of the $12000 most proposals put forward. There'sno point in exaggerating these things, is tehre?

1982 $1,000.00 1983 $386.15 1984 $331.29 1985 $404.00 1986 $556.26 1987 $708.19 1988 $826.93 1989 $873.16 1990 $952.63 1991 $931.34 1992 $915.84 1993 $949.46 1994 $983.90 1995 $990.30 1996 $1,130.68 1997 $1,296.54 1998 $1,540.88 1999 $1,769.84 2000 $1,963.86 2001 $1,850.28 2002 $1,540.76 2003 $1,107.56 2004 $919.84 2005 $845.76 2006 $1,106.96 2007 $1,654.00 2008 $2,069.00 2009 $1,305.00 2010 $1,281.00 2011 $1,174.00 2012 $878.00 2013 $900.00 2014 $1,884.00 2015 $2,072.00 2016 $1,022.00 2017 $1,100.00 2018 $1,600.00 2019 $1,606.00

Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Thursday May 07, 2020 @01:48PM (#23105854)
Huh. I thought it was 10K at some time. Foo.
Re:Finnish basic income pilot improved wellbeing, study finds by grecy on Thursday May 07, 2020 @11:11AM (#23103881)
Australia too
Re:Finnish basic income pilot improved wellbeing, study finds by AnIdiotOnTheNet on Thursday May 07, 2020 @12:18PM (#23104694)
I've seen this behavior in companies before: the measurements will continue until the desired result is obtained.
Re:Finnish basic income pilot improved wellbeing, study finds by radu_floricica on Thursday May 07, 2020 @12:28PM (#23104823)
We needed it. Truth is, we didn't know a bunch of important things before this study. In particular, we didn't know if people were going to work more or less. Quite a lot of people were hoping for "more" (or at least better), me included. It was a long shot, but if it turned out to be true it would have been a game changer. Turns out it's not.
Re:Finnish basic income pilot improved wellbeing, study finds by lovich on Thursday May 07, 2020 @12:37PM (#23104933)
why were you hoping that people would work more?
Re:Finnish basic income pilot improved wellbeing, study finds by radu_floricica on Thursday May 07, 2020 @03:36PM (#23107242)
There's such thing as poverty trap. You need money to survive so you get a low paying job, you can't afford to quit it so you keep at it, 10 years pass and you're still there. UBI was supposed to short-circuit this. But at least in that particular study we didn't see a lot of it happening - even though 1-2 years should be enough time to change things.
Re:Finnish basic income pilot improved wellbeing, study finds by SiempreViernes on Thursday May 07, 2020 @01:02PM (#23105289)
Because current unemployment support works on the idea that people must be scared by poverty into getting a new job, and so being unemployed is ultimately a state society tries to punish you out off.

If simply giving people money left them more successful at getting a new job, there would really not be any point in all the CV theatre a jobseeker routinely needs to perform.

Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Thursday May 07, 2020 @12:58PM (#23105227)
And that was not obvious from studies of pensioners etc?