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Re:Finnish basic income pilot improved wellbeing, study finds by rahimnathwani on Thursday May 07, 2020 @11:58AM (#23104464)
A key part of UBI is that the recipient can allocate the funds as they please.

If someone goes to a college that costs $500 per credit hour, can they spent the other $250 on whatever they want?

Re:Finnish basic income pilot improved wellbeing, study finds by andi999 on Thursday May 07, 2020 @12:51PM (#23105130)
Another key part would be if a college charged 500$ per credit hour, can they now charge $750?
Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Thursday May 07, 2020 @12:52PM (#23105147)
Its a free market. Folks imagine that prices will 'soak up' UBI magically. But the market doesn't work that way. In fact, when demand goes up and volume goes up, prices come down for most things.
Re:Finnish basic income pilot improved wellbeing, study finds by irishcoffee on Thursday May 07, 2020 @12:58PM (#23105221)
Surely you realize that demand and volume for college has gone up in the US. Also, the US gives out unlimited "free" money to attend. (student loans) And "magically" the pice of college has in fact skyrocketed, or even "soaked up" the excess money.
Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Thursday May 07, 2020 @01:47PM (#23105836)
Because colleges were in the 'money pipe', and could gatekeep. In a free market (which I guess colleges aren't) it would not work that way.
Re:Finnish basic income pilot improved wellbeing, study finds by irishcoffee on Thursday May 07, 2020 @02:42PM (#23106564)
Would you have considered the pre-2007 housing market a part of the free market? Same exact thing happened there. "Free" money given out and the market figured out how to soak it up very quickly.
Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Friday May 08, 2020 @08:23AM (#23113990)
But with the UBI, the money isn't 'for' anything. Its just more money. It can be spent on donuts, or houses, or college, or hookers and blow. None of those markets has any 'claim' on the money. I doubt anybody will figure out a way to 'soak it up'
Re:Finnish basic income pilot improved wellbeing, study finds by irishcoffee on Friday May 08, 2020 @02:52PM (#23118110)
Agree to disagree. Giving people money will solve exactly zero problems.
Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Saturday May 09, 2020 @07:40AM (#23123900)
Despite all the evidence to the contrary?

Its FUD that keeps the UBI from happening. Not logic, evidence nor sound economic principles. Old farts that can't let go of 1950's notions of how people should behave.

Re:Finnish basic income pilot improved wellbeing, study finds by irishcoffee on Sunday May 10, 2020 @08:28PM (#23137637)
Did you read the link that created this thread? UBI won't solve anything. I hate to burst your bubble, but you're just ignoring facts. "Old farts" have nothing to do with it.
Re:Finnish basic income pilot improved wellbeing, study finds by JoeAltmaier on Monday May 11, 2020 @11:39AM (#23143284)
A single limited Finnish experiment of limited duration was loosely characterized. Not proving anything; not rational to deduce all that from 'an article'. No, this is more cherry-picking to support a preconceived notion - that the Protestant Work Ethic will always be the right answer to everything.

Read a dozen more articles, not from your bubble, and then get back to me.

Re:Finnish basic income pilot improved wellbeing, study finds by stevekemp on Thursday May 07, 2020 @03:53PM (#23107432)
Of course in Finland education is free, but yes the point of the UBI is that it is not constrained, and can be used to augment part-time work, etc, etc.