UBI Improves Everything

New Scientist (one of the namesakes of New Escapologist!) reports that:

the world’s most robust study of universal basic income has concluded that it boosts recipients’ mental and financial well-being, as well as modestly improving employment.

That is can improve mental wellbeing should almost be a foregone conclusion, though obviously these things need to be tested (which is what has just happened in Finland) if we ever want to roll it out and base a society on it. It shouldn’t seem far removed from reality that some forms of depression and anxiety can be salved by having an economic safety net; that not being able to sell enough units or to clock enough hours could result in destitution.

What is interesting is how employment rates slightly improve under conditions of UBI. It demonstrates the hunch that generous-minded (rather than conservative) people have that humans still want to do things once their basic needs are met. No longer being economically bullied into work doesn’t necessarily lead to stagnancy.

The Good Life for Wage Slaves is out now in deluxe paperback format and e-book.


Robert Wringham is the editor of New Escapologist. He also writes books and articles. Read more at wringham.co.uk

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