Copy and paste of the results reported on that twitter thread:
- 1,100 randomized households making under $29,900 were given $1,000 per month for three years. Essentially, their income increased by 40%. The UBI participants lived in urban, suburban and rural towns in Texas and Illinois.
- Result 1: UBI participants ended up earning $1,500 less despite being given $12,000 more annually. For every one dollar received, total household income dropped by at least 21 cents.
- Result 2: UBI participants stayed unemployed for an extra month compared to those unemployed in the control group.
- Result 3: UBI participants worked less and there were no substantive changes in quality of employment. UBI participants did little to improve their education or training to improve their income.
- Result 4: UBI participants self-reported increased rates of disability to limit the work they can do.
Extracting that was a little harder than I thought it would be. Javascript made copy & paste impossible. If you disable Javascript on the page once it's stable using the firefox debugger, it replaces the page with a "you have disabled javascript" banner. At first I thought that had to be the result of a <noscript> and there is indeed a <nopscript> element who purpose seems to be that banner page, but it still happens if you delete that DOM node prior to disabling javascript. Oh well, that's a puzzle for another day.
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[ 2.3 ms ] story [ 17.6 ms ] thread- 1,100 randomized households making under $29,900 were given $1,000 per month for three years. Essentially, their income increased by 40%. The UBI participants lived in urban, suburban and rural towns in Texas and Illinois.
- Result 1: UBI participants ended up earning $1,500 less despite being given $12,000 more annually. For every one dollar received, total household income dropped by at least 21 cents.
- Result 2: UBI participants stayed unemployed for an extra month compared to those unemployed in the control group.
- Result 3: UBI participants worked less and there were no substantive changes in quality of employment. UBI participants did little to improve their education or training to improve their income.
- Result 4: UBI participants self-reported increased rates of disability to limit the work they can do.
Extracting that was a little harder than I thought it would be. Javascript made copy & paste impossible. If you disable Javascript on the page once it's stable using the firefox debugger, it replaces the page with a "you have disabled javascript" banner. At first I thought that had to be the result of a <noscript> and there is indeed a <nopscript> element who purpose seems to be that banner page, but it still happens if you delete that DOM node prior to disabling javascript. Oh well, that's a puzzle for another day.