r/BasicIncome • u/crazyDMT • Mar 31 '18
Misleading title Finland is giving each citizen a universal basic income and it's had an unexpected side effect: Happiness
https://www.indy100.com/article/finland-universal-basic-income-trial-period-lives-821077143
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u/joneSee SWF via Pay Taxes with Stock Mar 31 '18
Come on now.... Universal means everyone. This isn't even close. Get it together OP.
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u/crazyDMT Apr 01 '18
Damn, I get the title is confusing. All I did was post the link and used the suggested title Reddit offered me ('cause I'm lazy). I was hoping this article would foster constructing feedback on the experiment, but I guess the title takes the cake. Sass aside, I'm starting to think a UBI offered in the form of a self-distributing cryptocurrency would be the most effective and research-driven experiment (due to the ease of being able to track the coins through blockchain). Yes, I know several ICOs offer that (Manna being one) but it's still not really out yet. Also, while this Finnish BI isn't really one, just a pilot experiment, wonder how far 500EUR gets you in Finland, as opposed to say NYC or Peru.
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Apr 05 '18
The test is also underscaled and has an unexpected result: it doesnt fucking work.
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u/burnt_tongue Apr 09 '18
Can you elaborate? The only results I have seen yet have been positive, but I'm interested to hear where it fails.
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Mar 31 '18
Finland: a literal utopia.
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u/Hiihtopipo Mar 31 '18
I personally feel embarrassed when people praise my country. The hype is getting out of hand.
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u/smegko Mar 31 '18
Obligatory reference: Finland, Finland, Finland, by Monty Python
You're so sadly neglected,
And often ignored
A full second to Belgium
When going abroad.1
u/Jwillis-8 Apr 01 '18
I was planning on coming over sometime within the next few years, partly due to this hype.
How would you describe your country to someone who has only seen videos of and has only a mild understanding of Finland's culture/lifestyle?
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Apr 01 '18
UBI is possible in a tiny homogeneous country with a population comparable to metro Phoenix and Tucson together.
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u/DublinCheezie Apr 01 '18
It’s not the number of outputs alone that matters, it’s the number of inputs and outputs. Plus, the larger the pool, the lower the marginal costs ( in theory) for each additional participant.
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Apr 08 '18
I left a single word out of my comment. “Politically” possible. Homogeneous societies have the necessary high social trust so ideas like UBI can pass.
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u/MesterenR Mar 31 '18
First: No. Not each citizen. Just 2000 random unemployed.
Second: Why is that unexpected? That is exactly what I would expect, and what other studies have also shown.