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Moving Forward on Basic Income

blog.ycombinator.com

11–20 of 1001 posts

Re: Moving Forward on Basic Income

#11
post #4

Or moving backwards, the study will findout.

I presume your strong, proud, pull-yourself-up-by-your-bootstraps oneliner throwaway comment was well thought out, so perhaps you could shed some light on the interesting artistic choice of failing to put a space between "find" and "out"?

Re: Moving Forward on Basic Income

#12
> In our pilot, the income will be unconditional; we’re going to give it to participants for the duration of the study, no matter what.

This is omitting one crucial detail: for how long will the basic income last. At least for myself, my decisions would be completely different if I was to receive unconditional income for e.g. 10 years (or less), vs. for the rest of my life.

Re: Moving Forward on Basic Income

#14

I wonder how to test controlling for reciprocity. I.e., If I receive a basic income as part of a pilot/experiment I will feel tempted to "give back" somehow, while if basic income is a baseline all humans receive, that reciprocity will not be present. How can you design an experiment so that somehow people don't feel they are receiving money in an extraordinary way, but rather that's just part of how the world works.…

Somehow this sounds like starting with the easy case. It may well be, that people who get basic income in a pilot study behave better than people who get basic income as a right, however this seems to accentuate the benefits of basic income, so that you can at least study one half of the argument. And the complicated parts can then wait for a follow up study.

Re: Moving Forward on Basic Income

#15
"One reason we think it may work is that technological improvements should generate an abundance of resources."

This is already being seen in some contexts. For example, the portion of income Americans spend on food has dropped from 17.5% to 10.5% over the last 53 years. "Because of the overall rise in income, and the consistent shrinking of food prices adjusted for inflation, we actually have more disposable income than our grandparents did" [1]. It is likely that improvements in agricultural technology and food distribution have led to the 'shrinking food prices' contribution, seen in the US. This means that there is downward pressure on the actual threshold of what would constitute a basic income, and thereby supporting Sam's assertion.

[1] http://www.npr.org/sections/thesalt/2015/03/02/389578089/you...

Re: Moving Forward on Basic Income

#16
Honestly, I think any "Basic Income" research where the recipient classes aren't 100% of the members of some well-defined polity and where the policy is explicitly a close-ended pilot is researching something so fundamentally different from Basic Income (it is well-known that close-ended benefits have a different effect on behavior) that, while there may be some useful insights that have applicability to actual Basic Income, they should be called something else.

Re: Moving Forward on Basic Income

#17
post #12

> In our pilot, the income will be unconditional; we’re going to give it to participants for the duration of the study, no matter what. This is omitting one crucial detail: for how long will the basic income last. At least for myself, my decisions would be completely different if I was to receive unconditional income for e.g. 10 years (or less), vs. for the rest of my life.

...aaaaand whether or not your children would be receiving it, right? We make many rather large financial decisions based on our choices to procreate or not. If I didn't know if my kids were taken care of, I would probably make different decisions than if I did. There really is no way to test basic income without simply implementing it.

Re: Moving Forward on Basic Income

#18
post #12

> In our pilot, the income will be unconditional; we’re going to give it to participants for the duration of the study, no matter what. This is omitting one crucial detail: for how long will the basic income last. At least for myself, my decisions would be completely different if I was to receive unconditional income for e.g. 10 years (or less), vs. for the rest of my life.

It's 5 years. Outlined in the link below

https://blog.ycombinator.com/basic-income

Re: Moving Forward on Basic Income

#20
post #5

I think it's great YC is funding some interesting research. I'm a bit curious as to why they didn't partner with some established academics in this area (there's plenty of economists who have done excellent research here) rather than start a new program - but it's YC's money, and they can choose how to spend it. How open do you plan to be about things like datasets/analysis plans and so forth? I think this would be a…

Any specific examples of established academic research you can link to?
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