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There's a very relevant section in this book ( The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies - http://amzn.to/1KFJ1Iu ) , that I just read last night: > "His view is strongly supported by the work of economist Andrew Oswald, who found that joblessness lasting six months or longer harms feelings of well-being and other measures of mental health about as much as the death of…
If I am a participant in this subject and I am told that I will be receiving Basic Income for 5 years I might act differently compared to if I was told that I am entitled to Basic Income for the rest of my life. The observation bias alone might motivate people to do work and strive to achieve something with all of their time. Or, it might even cause them to lie about the things they're working on. It will be very int…
One of the biggest fallacies of the BI movement is they suggest that when AI automates many menial jobs it will lead to mass unemployment. This assumes that the average person is incapable of more skilled labor, when history has shown time and again that people adapt to the changing workforce. Yes there can be lag but it's not insurmountable. Another problem I have with BI is it equally distributes assistance with no…
Definitely something we should look in to for the sake of humanity.
I humbly submit this as my solo-founder, idea-only HN application;
The Standard Pantry.
The standard pantry is literally just that - a pantry of a set of basic ingredients that go along with a range of standard recipes and a weekly menu schedule.
Provide this standard pantry as a partially subsidized offering and teach people how to make a set menu from the basics. Certain components used are refilled at a regular interval as a part of the standard pantry - other ingredients will still need to be purchased, perhaps in conjunction with basic income.
The goal is to help people cook, themselves, more healthy and affordable meals. and overall increase their quality of life.
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When I was first learning the basics of cooking from my grandmother, she used to be able to tell me to the penny the cost of each meal we cooked. How some dishes were "$1.43 per person" etc...
It drove home to me the value of cooking and not wasting food.
Cooking is therapy as well. eating well / better is good for every aspect of life.
What I want to know is whether Basic Income implemented with our current housing and laws about land ownership will just run afoul of the Henry George Theorem: https://en.wikipedia.org/wiki/Henry_George_theorem IE, the aggregate value of public spending in an area tends to soak into the land value -- give everybody $X,000 a year and the landlords will dutifully raise annual rents by $X,000.
The Henry George Theorem talks about spending on public goods.
Earlier quoted context omitted.
I think this is one of the most important components to study.
Will this be possible to simulate if the participants know they are taking part in a study?
I'm very skeptical of basic income as commonly understood. The typical basic income program I've seen goes something like this: give every person in the country $10k to live on, no strings attached. [a] 1) As defined above, this is horribly inefficient and expensive. I, a software engineer in Silicon Valley, would receive this $10k. How does this benefit society? I already make over $100k; I don't need additional inc…
Earlier quoted context omitted.
I think this is one of the most important components to study.
Will this be possible to simulate if the participants know they are taking part in a study?