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Basic Income Research Proposal

basicincome.ycr.org

1–10 of 427 posts

Re: Basic Income Research Proposal

#2
1k people getting 1k a month for 5 years = $60 million. At the end of the day, an expensive group. Really impressed by the ambition here, and hope for great success for the project.

Basic Income research will be vital in the future when it actually becomes a genuine piece of public policy. Although I have little faith it will be used effectively by politicians/decision makers.

Re: Basic Income Research Proposal

#3
> 1,000 will receive $1,000 per month for up to 5 years

What does this mean? Is it going to be 5 years or not? Will different participants get it for a different amount of time? Will they know when it is going to stop?

Re: Basic Income Research Proposal

#4
I hope many of the study participants are living in a low COL area. If the $1000 per month covers most if not all of your expenses it gives someone a much greater opportunity to pursue something the can really improve their life rather than just a nice boon on top of their current income. Of course, this is more of an "I hope this improves peoples' lives" rather than considering how best to design the experiment.

Re: Basic Income Research Proposal

#6
> We tentatively plan to randomly select 3,000 individuals across two US states to participate in the study: 1,000 will receive $1,000 per month for up to 5 years, and 2,000 will receive $50 per month and serve as a control group for comparison.

So obvious question on many minds, "Where do I sign up for the free money?"

Also, will it be randomly selected or will the selection criteria factor in cost of living, current financial situation, education, etc?

And where is the potentially $66 million dollars for this coming from?

EDIT: On their FAQ[1] I found the answer to my first question:

>> Can I be a study participant?

> Unfortunately, no. It is important that participants are randomly selected into the study.

[1]: https://basicincome.ycr.org/faqs

Re: Basic Income Research Proposal

#9

> 1,000 will receive $1,000 per month for up to 5 years What does this mean? Is it going to be 5 years or not? Will different participants get it for a different amount of time? Will they know when it is going to stop?

That’s a hugely important piece of information. Granted, if it is assured for any length of time it’s practically much more assured than the usual job.
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