Tuesday, July 13, 2021

News flash! UBI trials are not going to be a full UBI!

Ive seen this argument a lot in regard to UBI studies recently, and its annoying, so I need to say it. 

Some UBI advocates are bashing UBI studies as not being a true UBI, because they're often not universal and given to a handful of people, often from a lower socioeconomic background. A true UBI will be given to everyone.

I don't know what people want here. To give everyone a so called "true" UBI, you would need to...implement a full UBI. And no private entity is ever going to have that cash. And even local governments cant do it. Only the federal government can do that, and it would cost $300 billion a month, as we know. While we could have, and in my brutally honest opinion as I've bashed Biden for this before, should have used COVID to promote a full on UBI trial, we could've funded one for 6 months instead of his stimulus/unemployment bill (of course given the volatility of the economy, any problems associated with work shortages and inflation would be blamed on UBI, which isn't good), virtually every other entity cannot implement a full on trial in this way. This leads to limitations.

If you're going to design a study, you're gonna have limited resources. This means a limited sample size. It means aiming for the poor people who would benefit from UBI most. It means going with an NIT apporach to simulate what a UBI would do. And these are all study limitations, dont get me wrong, any UBI study is going to have limitations. 

Really, I feel like this doesn't even deserve a post, but it deserves to be said, because some UBI advocates I've run into recently are getting very purity testy recently over trials, and that's just dumb. 

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