Re:The promising results of Stockton’s basic income experiment
by notahacker on Thursday July 16, 2020 @10:10AM
(#23859143)
Yes, old people are also an imperfect proxy for the workforce as a whole.
But this experiment which is designed to make it impossible for participants to retire off the money proves even less about people's likelihood of retiring off free money than the natural experiments where they're encouraged to do so.
Re:The promising results of Stockton’s basic income experiment
by LatteLazy on Thursday July 16, 2020 @11:25AM
(#23859931)
Yeah, a bigger, longer, better funded trial would be better. But we can still learn some things from this. I actually get a bit frustrated at all the too small/short/low-amount payment studies out there. But c'est la vie.
The issue with pensions as an example of UBI is that the only people getting them are old. So they mostly already have the assets they want, they don't have careers they want to improve, they don't want to start business or earn money, they want to retire...