Live data from Hacker News

Basic Income caused crime to drop by 40% and strengthened workforce?

theincomer.com

1–10 of 157 posts

Re: Basic Income caused crime to drop by 40% and strengthened workforce?

#2
I'm curious to hear how folks, who are more knowledgeable than I and have done more research, reconcile data points like these with the data showing lack of success in places like Finland.[1]

[1] https://nypost.com/2018/04/25/finlands-universal-basic-incom...

Re: Basic Income caused crime to drop by 40% and strengthened workforce?

#4
"a quora member answered when asked about the UBI"

And at that moment, any semblence of legitimacy disappeared...

The main question about UBI is who pays for it and how. In the UK, a back-of-a-napkin calculation showed that all current benefits equally divided into a single BI would be around £4K, way below anything that most people would consider enough to live on.

Re: Basic Income caused crime to drop by 40% and strengthened workforce?

#5
Ontario recently cancelled their experiment with universal income. Which points me to the fact that even if UBI becomes reality at some point, it's only one government away at any time from being cancelled or adjusted. So your livelihood at any given time is dependent upon government balancing its books. Considering how bad many modern developed governments are at doing this, it gives me little hope of UBI being any sort of good, substantive thing happening in the near future.

Re: Basic Income caused crime to drop by 40% and strengthened workforce?

#7
post #5

Ontario recently cancelled their experiment with universal income. Which points me to the fact that even if UBI becomes reality at some point, it's only one government away at any time from being cancelled or adjusted. So your livelihood at any given time is dependent upon government balancing its books. Considering how bad many modern developed governments are at doing this, it gives me little hope of UBI being any…

As did Finland.

Re: Basic Income caused crime to drop by 40% and strengthened workforce?

#9
I find this mostly click bait. We should expect results like this or frankly better. Results from one small African village are not globally applicable. The issue is where does the money come from and is it truly universal. All the experiments to date have been of the "we gave free money with no restrictions to X thousand people for Y months and it was great". This is necessary but not sufficient research. We could have huge savings in the US with simplified welfare programs but we shouldn't forget that most of those savings come from firing some number of thousands who now also need UBI and have diminished pension benefits. All of these systems are inter-related and we will have to keep trying things as the financial divide grows.

Re: Basic Income caused crime to drop by 40% and strengthened workforce?

#10
post #2

I'm curious to hear how folks, who are more knowledgeable than I and have done more research, reconcile data points like these with the data showing lack of success in places like Finland.[1] [1] https://nypost.com/2018/04/25/finlands-universal-basic-incom...

How long did the experiment last?
Post reply on HN