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Germany begins 3-year universal-basic-income trial

businessinsider.com

21–30 of 348 posts

Re: Germany begins 3-year universal-basic-income trial

#21
post #17
post #16

Earlier quoted context omitted.

As a general supporter of UBI, I'm not sure there is any way to actually test UBI without just implementing it at full scale. The U is an important part of it and like you said the expectation of permanence is crucial to seeing a change in long term planning and behaviors.

Test it in production.

... which is a terrible idea

Re: Germany begins 3-year universal-basic-income trial

#22
post #10

These studies don't really prove anything. Common arguments in favor of these studies - "They prove people don't quit work on UBI!" - No, they prove that people who are in a program that is very clearly temporary will not end their careers for a short pilot program. This means nothing. "They prove people won't spend it on drugs, booze, and lotto tickets!" - No. If you make $1k from a job and $1k from a pilot program…

This is one of the best summaries of UBI that I have seen. UBI proponents are advised to read this carefully.

I don’t think any honest UBI proponents would dispute it — or be particularly surprised with what the GP said. It’s obvious that significant change to the economy would have hard to predict effects when human behavior is at the center.

That doesn’t mean it’s not worth it.

Re: Germany begins 3-year universal-basic-income trial

#23

These studies don't really prove anything. Common arguments in favor of these studies - "They prove people don't quit work on UBI!" - No, they prove that people who are in a program that is very clearly temporary will not end their careers for a short pilot program. This means nothing. "They prove people won't spend it on drugs, booze, and lotto tickets!" - No. If you make $1k from a job and $1k from a pilot program…

> where is the proof that it won't hurt long term productivity, By that measure couldn’t we say the Capitalism pilot program has failed? Sure productivity is ever increasing and business productivity per employee is at historic highs...but all that productivity has only resulted in a larger wealth gap with all the benefits going to the investor class and net negative to workers whose real wages have been stagnant for…

Capitalism has lifted billions of people out of poverty.

Re: Germany begins 3-year universal-basic-income trial

#24
post #21
post #17

Earlier quoted context omitted.

Test it in production.

... which is a terrible idea

That is how a decent chuck of macroeconomics works. There are some things that exist at such a scale that you can't accurately experiment with them. You can only theorize, run models or simulations, and observe real world results after implementation.

Re: Germany begins 3-year universal-basic-income trial

#25

Based on how most jobs will get automated some form of an UBI will be required sooner or later. Now the only question is: how to you phase in UBI while still rewarding extra productive people to keep creating/innovating? Some will say "those people will innovate out of love". This is not always the case, many people are good at what they do and create many awesome things but given the chance they would rather do some…

> based on how most jobs will be automated ...

Look into the luddites.

Re: Germany begins 3-year universal-basic-income trial

#26

Based on how most jobs will get automated some form of an UBI will be required sooner or later. Now the only question is: how to you phase in UBI while still rewarding extra productive people to keep creating/innovating? Some will say "those people will innovate out of love". This is not always the case, many people are good at what they do and create many awesome things but given the chance they would rather do some…

In France, there is basically UBI, you just need to ask for it. Just having the French passport and no job qualifies you to RSA [1] which gives you about 550 euros a month (according to [1], but nets to ~490 according to a friend finishing law school that had to sign up for it since cov19 is making it very hard for him to find a job right now). I believe you've don't have to have ever worked to get RSA, just being over some age (~26?) and being a French citizen. So you don't have to give UBI to everyone, just the people that need it while they figure it out. Now whether you, as a society, want it is an entirely different story; I've met some peeps that absolutely despise RSA in France.

I think there's also a bunch of programs financing unemployed people so they can go back to school and pick up a more current job once their unemployment benefits end.

[1] https://en.wikipedia.org/wiki/Revenu_de_solidarit%C3%A9_acti...

Re: Germany begins 3-year universal-basic-income trial

#27

These studies don't really prove anything. Common arguments in favor of these studies - "They prove people don't quit work on UBI!" - No, they prove that people who are in a program that is very clearly temporary will not end their careers for a short pilot program. This means nothing. "They prove people won't spend it on drugs, booze, and lotto tickets!" - No. If you make $1k from a job and $1k from a pilot program…

> where is the proof that it won't hurt long term productivity, By that measure couldn’t we say the Capitalism pilot program has failed? Sure productivity is ever increasing and business productivity per employee is at historic highs...but all that productivity has only resulted in a larger wealth gap with all the benefits going to the investor class and net negative to workers whose real wages have been stagnant for…

Lol, no. Just no. The capitalism experiment is everything that has happened from the industrial revolution (really, earlier) forward. Compare with the 19th, 18th, or 17th century, and you’ll find today’s wealth gap is smaller, people live more prosperous lives, happiness indices improved, etc. Not to mention the literally billions of lives that wouldn’t otherwise exist at all.

Re: Germany begins 3-year universal-basic-income trial

#28
post #5

Earlier quoted context omitted.

They also only give the money to a small number of people Not to mention that the real question is whether UBI makes sense economically, not whether people like money, which is almost indisputable

The thing about government programs that hand out cash is that the money will be circulated back into the local economy most of the time, which is a net benefit (I think it would be a net positive if the money was required to be spent locally if the beneficiary makes above a certain income). It's not like it's getting thrown down a black hole. Even if a person is making great money, that additional money is more like…

I would like to see a source for that if you could provide one :)

If I was working full-time and could live comfortably off that plus extra UBI, I think the majority of people would spend it on more luxurious goods (phones, laptops, drugs, etc.) which are mostly ran by/on outside/blackmarket economies...

We're not sure of the magic number/ratio between "person will use UBI for basic, locally-sourced needs" vs. "person will use UBI for 'wants', sourced elsewhere" and I think there's so many factors that it will be hard (almost impossible) to come up with a palpable answer.

Re: Germany begins 3-year universal-basic-income trial

#29

Based on how most jobs will get automated some form of an UBI will be required sooner or later. Now the only question is: how to you phase in UBI while still rewarding extra productive people to keep creating/innovating? Some will say "those people will innovate out of love". This is not always the case, many people are good at what they do and create many awesome things but given the chance they would rather do some…

  > Based on how most jobs will get automated some form of an UBI will be required sooner or later.
  > Now the only question is: ...
"Most jobs will get automated" is actually very questionable. It's called "Lump of labour fallacy", although (I suppose) either not everybody subscribes to it, or it's something that tends to go unnoticed.

Re: Germany begins 3-year universal-basic-income trial

#30
post #16

Earlier quoted context omitted.

As a general supporter of UBI, I'm not sure there is any way to actually test UBI without just implementing it at full scale. The U is an important part of it and like you said the expectation of permanence is crucial to seeing a change in long term planning and behaviors.

I imagine a permanent study with a few hundred people is still a lot easier to implement than permanent UBI for everyone.

A permanent study would allow you to observe behavioral changes among that group of people, but it won't provide insight into the societal changes. For example, what is UBI's impact on inflation and would it result in inflation that negates some or all the benefit of UBI? Or will a society with UBI still be able to fill that society's less desirable jobs in a financially sustainable way?
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