When you give people free money they tend to do.. nothing.
Archive: https://archive.today/xHCfH
From the post:
>Last year, I wrote about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years—a short-term test run of proposals for a universal basic income (UBI). The results were pretty much what common sense would predict: relative to a control group (paid $50 a month for their continued participation), the subsidized group worked somewhat less, devoted a bit more time to leisure activities, and spent more money on health care without seeing significantly improved health outcomes.
When you give people free money they tend to do.. nothing.
Archive: https://archive.today/xHCfH
From the post:
>>Last year, I wrote about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years—a short-term test run of proposals for a universal basic income (UBI). The results were pretty much what common sense would predict: relative to a control group (paid $50 a month for their continued participation), the subsidized group worked somewhat less, devoted a bit more time to leisure activities, and spent more money on health care without seeing significantly improved health outcomes.
(post is archived)