by The Finish Basic Income experiment didn't fully test the idea.Once people got a Basic Income they were more prepared to take on a low income job. I guess it makes it feel more worthwhile and also less stressful. It shows how incentives can work - the carrot or the stick.However, the Finnish study is not a true test of UBI for two reasons: Instead of giving money to a random sample of the population, or perhaps a representative region, all the beneficiaries were unemployed when the study started. Secondly, participants only received €506 (9) a month, hardly an amount sufficient to live on, as UBI is usually imagined. Nevertheless, the study offered an opportunity to test how getting no-strings-attached money would change recipients' job-seeking behavior and affect their mental health.
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Once people got a Basic Income they were more prepared to take on a low income job. I guess it makes it feel more worthwhile and also less stressful. It shows how incentives can work - the carrot or the stick.
However, the Finnish study is not a true test of UBI for two reasons: Instead of giving money to a random sample of the population, or perhaps a representative region, all the beneficiaries were unemployed when the study started. Secondly, participants only received €506 ($549) a month, hardly an amount sufficient to live on, as UBI is usually imagined.
Nevertheless, the study offered an opportunity to test how getting no-strings-attached money would change recipients' job-seeking behavior and affect their mental health. Unlike previous smaller experiments, a control group was included.
Opponents of UBI argue free money will cause people to choose not to work, undermining society's capacity to make the payments in the first place. A survey sent to all participants and controls, along with in-depth interviews of a random sample, contradicts this.
Stephen Lunst - Finland's Universal Basic Income Trial Elicits Positive Results And Improved Wellbeing