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Request For Research: Basic Income

blog.ycombinator.com

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Re: Request For Research: Basic Income

#222
post #200

Earlier quoted context omitted.

There's not going to be an answer, of course. I think a good source of data could be the population of retired people. I'm pretty sure if I could afford to be retired, I could easily keep busy the rest of my life.

People who retire earlier die sooner; for each year earlier that one retires, life expectancy is shortened by two months (and the results are robust against different assumptions).[1] This would lead one to believe that working is good for your health. [1] http://freakonomics.com/2012/05/17/retirement-kills-a-new-ma...

For me, quantity of life is secondary to quality of life.

Re: Request For Research: Basic Income

#223

Not exactly research, but reading The Culture Series by Iain Banks [1] has caused me to give a lot of personal thought on the subject. When AI is advanced enough to dominate everything and humans are left to just do whatever, what will they do, and will they be happy? That's not the focus of the series, just a side effect. [1] https://en.wikipedia.org/wiki/Culture_series

Yes, The Culture Series has informed my political thought quite intensely as well-- I only heard of it via HN about a year ago.

"Money is a sign of poverty" is the thought that sticks with me the most. Why bother having a currency for resource distribution if resources are vast and there is no benefit to conspicuous consumption?

People in the Culture rightly view money as an abstract type of coercion, and are abhorred by the ability to force people to do things that they don't want to do via monetary incentives.

Re: Request For Research: Basic Income

#224
TL;DR: It's less about "apps" and more about people supported by technology. But I do believe startups can increase prosperity as long as growth (without profits) is the goal.

From someone that spent 5+ years at the intersection of technology-based international development, there's a lot to learn about what works and what doesn't. Kentaro Toyama headed up Microsoft Research India's "Technology for Emerging Markets" research team and oversaw 50+ research projects spanning health, education, governance, and more. He then spent 5 years at UC Berkeley writing a book about what he learnt ("Geek Heresy", http://geekheresy.org).

I did a PhD in this general area (voice interfaces for non-literate users), and Kentaro's main thesis (technology only amplifies human capacity and intent) resonates deeply with my experience. It's all about the people, and technology is mainly an amplifier / supporter of human institutions. An "app for K-12 education" doesn't work in the traditional sense, but an app that connects awesome teachers with students, with an ecosystem that takes care of management, training, incentives, and encourages true mentorship, has a much higher chance of success.

Re: Request For Research: Basic Income

#225

I recommend this book: https://en.wikipedia.org/wiki/Scandinavian_Unexceptionalism_... From wikipedia: "Allister Heath, deputy editor of the The Daily Telegraph, wrote that the book shows how the “remarkable work ethic” of Scandinavians has been eroded by large welfare states over time." (Of course, don't take wikipedia's word for it-- read the book yourself) My take-away: Heavy socialism has absolutely stifled econo…

Does a 0% public sector job growth necessarily indicate a failure, in and of itself? To me, that's not probative at all. What if Sweden had simply reached a level where everyone who was employable and wanted to have a job, had one?

"Removing red tape" has been tried quite a bit, as a sole means of stimulating growth. Not only has it failed over and over again, but the negative consequences dwarf even the fantasies of growth by proponents. "Cutting taxes" has also been tried, and has failed, over and over again.

Re: Request For Research: Basic Income

#226
post #88
post #17

I wonder what basic income would do to cost of living? If everyone ends up with x amount of guaranteed income, does the cost of living eventually rise by the same amount across the board and basically negate it? It seems like rent-seeking behavior would come in to play here.

I think the cost of a lot of basic goods and services would fall. Employers would only need to offer relatively modest wages because the marginal value of those wages would be so much higher. This could drive down labour costs without driving down net pay for low wage workers. Basically a worker on $1,000/Mo now might be on $600/mo basic income and $600 wage after (fantasy numbers). This could make low wage workers m…

Like Walmart paying workers less and not giving them insurance because they can still be on welfare.

Re: Request For Research: Basic Income

#227
My short-term worry about basic income is that it'll end up bidding up the prices for goods that poor people buy, especially the rent. I won't be surprised if most of the basic income eventually goes to the landlords. IMO the right solution is to get the government involved in distributing certain goods, not just handing out money to buy them. The state could guarantee free housing, food, healthcare, education and pensions for everyone, on top of basic income for spending money. The USSR managed that with a fraction of the resources.

My long-term worry about basic income is that people have a need to be needed by society and it won't go away easily. I don't know a good way to solve that completely, short of reengineering humanity. In the short term we could get away with making the government pay companies for employing people (the payment should be lower than the salary, but maybe not by much). That could be a nice supplement to basic income.

Re: Request For Research: Basic Income

#228
post #203

Things that would help everyone, regardless of income, without depending on a radical restructuring of entitlement spending, that seem like things startups could actually do: * Equally credible alternatives to university education for professions that don't involve students shouldering $100k-$200k in debt based on decisions they have to make when they're 18 years old. * Empirical, blinded, skills-assessment based tur…

There's a more trivial alternative to "equally credible alternatives to university" - just ban education based discrimination. Same way US so nicely enforces regarding race or martial status. Make it illegal to ask. Simple change with 100% guaranteed positive outcome.

> 100% guaranteed positive outcome

I really, really, really doubt that.

Re: Request For Research: Basic Income

#229
post #180

Maybe increasing prosperity for everyone in a finite (and diminishing) resources world, occupied by ever growing number of humans, is not feasible. I'm also not sure how we'll go about defining a measurable prosperity?

You're observation is rational, but hard to connect with emotionally. Which is why these self defeating feel good efforts will persist.

Re: Request For Research: Basic Income

#230
post #203

Things that would help everyone, regardless of income, without depending on a radical restructuring of entitlement spending, that seem like things startups could actually do: * Equally credible alternatives to university education for professions that don't involve students shouldering $100k-$200k in debt based on decisions they have to make when they're 18 years old. * Empirical, blinded, skills-assessment based tur…

There's a more trivial alternative to "equally credible alternatives to university" - just ban education based discrimination. Same way US so nicely enforces regarding race or martial status. Make it illegal to ask. Simple change with 100% guaranteed positive outcome.

Make it illegal to ask what level of education you have received or just where you went to school?
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