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A New Report Finds No Evidence That People Will Work Less Under a Universal Basic Income (theoutline.com)
Economists Djavad Salehi-Isfahani and Mohammad H. Mostafavi-Dehzooeifrom for the Economic Research Forum have released a new report on the results of a basic income scheme launched in Iran in 2011. "In 2011, in response to heavy cuts to oil and gas subsidies, Iran implemented a program that guaranteed citizens cash payments of 29 percent of the nation's median income, which amounts to about $1.50 every day (about $16,000 per year in the U.S.)," reports The Outline. Here are the key findings: The report found no evidence for the idea that people will work less under a universal income, and found that in some cases, like in the service industry, people worked more, expanding their businesses or pursuing more satisfying lines of work. The researchers did find that young people -- specifically people in their twenties -- worked less, but noted that Iran never had a high level of employment among young people, and that they were likely enrolling in school with the added income. The evidence presented in the paper is compelling, but the anecdotal belief that handing people money will make them lazy is hard to shake. "The findings in this paper do not settle this question," the report's authors point out. "What we have accomplished is at the very least to shift the burden of proof on this issue to those who claim cash transfer [sic] make poor people lazy, and to show the need for better data and more research."
A world where fewer people are working because more people are capable of retiring sooner sounds like exactly the kind of world we should always be striving toward. The end goal of human progress is for everyone to be born into perpetual retirement.
-Forrest Cameranesi, Geek of all Trades
"I am Sam. Sam I am. I do not like trolls, flames, or spam."
Please understand finally that extremism wants to take your liberties. Left or right doesn't really matter here, any extremist ideology puts the ideology over your personal freedoms.
Thank you. Glad to see someone gets it.
People like to say that the whole R/D thing is just like sports, where you cheer your own team and boo the other one.
But in sports, you're not rooting for the complete, total, and eternal annihilation of the other team. You play the game, you win or lose, no hard feelings (well, not many) and you come back again for a rematch. And again next season. The team is important, but the game is everything.
Ideology is a game for idiots. And far too many people are obsessive players.