Funny how the folks studying this subject for a living don't have concrete answers yet we have posters here opining authoritatively as though they have done the research themselves. The claims about UBI reducing incentive to work, destroying ambition, leading to vice & degeneracy, etc. don't jive with the data we have. There have been at least 14 countries conducting UBI experiments, three of which provided unconditional UBI to participants.
Canada gave 10,000 people a $500/month stipend for five years. The only two groups who worked less were women taking maternity leave and young males (high school completion rates increased so it's likely the young males weren't working because they were attending school).
India ran a three year study where they gave 6,000 people ~$4.50/month, about 40% of one's monthly nut in rural India. Results included:
- 52% of participating households felt their income could satisfy their food expenditure at the beginning of the study. After six months the number rose to 78% of participants
- 66% of girls of secondary school age in participating villages attended school while attendance for the same age cohort in the control villages was only 36%
- 25% increase in the number of girls with normal weight for their age versus a 12% increase for the control group
- Qualitative shift in foods purchased with substantial increased purchases of vegetables, eggs, fruits, milk, fish, and meat.
- No increase in alcohol consumption
- Incomes for participants rose 21% while incomes for the control group rose 9%
- Reduced incidence of illness
- People receiving the stipend were 300% more likely to start a business
- Participating households had a 32% greater chance of working more hours than the control group
- At the start of the study less than 40% of participating households considered themselves farmers, but after 12 months that figure rose to over 62%.
- 34% increase in the number of wells, 48% increase in the number of ploughs
- ~40% increase in the quantity of livestock, compared to a ~19% decrease for the control group
Since 2011 Kenya has been conducting an unconditional cash transfer experiment where participants receive ~$1000/year via MPesa. Findings so far:
- Increased consumption in the form of durable good purchases and investment in self-employment activities
- Increased expenditure on food in proportion to non-durable expenditure increases
- Increased expenditure on healthcare and education more than proportionally to non-durable expenditure
- No increase in alcohol or tobacco consumption
- Households that received the stipend in a lump sum often invested in things like metal roofs for their homes, while those who received a monthly payment struggled to save their transfers
- Cortisol levels were lowest in households receiving lump sum transfers and when transfers were made to the wife rather than the husband
Obviously these kinds of studies are
really complex and imperfect, but dismissing the concept of UBI with the temerity displayed by some posters seems foolish given their presumptions are at odds with the way UBI has panned out in praxis.