Basic income would not reduce people’s willingness to work
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Basic income would not reduce people’s willingness to work
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Re: Basic income would not reduce people’s willingness to work
#2Article does not say how big the basic income in question was.
Re: Basic income would not reduce people’s willingness to work
#3[deleted]
Re: Basic income would not reduce people’s willingness to work
#4A link to the actual research paper would be helpful.
In this experiment, what amount was given to the treatment group that received basic income? How often? How does that amount compare to the cost of living in their city?
> ‘It’s sometimes said that people will sit around doing nothing if you give them free money.’
I’m not an academic, so take this with a grain of salt.
If my job requires menial labor or involves getting berated by customers (many retail jobs), personally I would absolutely not work.
My spouse worked for the state government as part of a benefits/disbursement program. She took phone calls from benefits recipients. Some who are disabled, on unemployment, or generally within the states bar to qualify for tax payer aid.
The pay was slightly above minimum wage. My spouse quit after about a year, during which my souse constantly suffered from verbal abuse and even callers who didn’t qualify threatening to murder my spouse unless they received cash from the state.
My point is - there are plenty of jobs where you absolutely will quit and not work if the basic income can provide a sufficient substitute.
I’m not making an argument against basic income. I suppose it’s sad that we as a society treat a significant number of people, even in developed countries, without a shred of dignity.
Re: Basic income would not reduce people’s willingness to work
#5I strongly suspect that the lion's share of UBI would go directly to landlords or existing property owners.
Re: Basic income would not reduce people’s willingness to work
#6Pay me enough to live without working and I will quit my job and work on a moonshot startup/interesting tech all day. Most likely nothing will come of it, but I won’t be working
Re: Basic income would not reduce people’s willingness to work
#7Yes it would.
Look: we just went through a massive worker shortage caused by overly generous stimulus benefits and rent subsidies. Have we forgotten already?
What am I supposed to believe? A microfoundations paper from a field with infamous replication problems on one hand, or, on the other hand, common sense and my own lying eyes?
Of course UBI would reduce propensity to work. Only people with an axe to grind can seriously believe otherwise.
Re: Basic income would not reduce people’s willingness to work
#8Just look at the billionaires. They are all still working even after reaching retirement age.
Re: Basic income would not reduce people’s willingness to work
#9>They simulated the reward structure of different forms of social security in an experiment. ‘We got people to do a task on a computer,’ says De Kwaadsteniet. ‘In multiple rounds, which represented the months they had to work, they did a boring task in which they had to put points on a bar. The more of these they did, the more money they earned.’
"short term experiments done in a lab" seems to be psychology's equivalent of "in vitro" (aka. in a test tube). I'm not really sure how you can draw any conclusions about someone's lifetime behavior, using a experiment that looks at the behavior of people sitting at a few hours at a computer.
Re: Basic income would not reduce people’s willingness to work
#10>They simulated the reward structure of different forms of social security in an experiment. ‘We got people to do a task on a computer,’ says De Kwaadsteniet. ‘In multiple rounds, which represented the months they had to work, they did a boring task in which they had to put points on a bar. The more of these they did, the more money they earned.’ "short term experiments done in a lab" seems to be psychology's equival…
There have already been real world basic income experiments with similar outcomes