Re: jobs apocalypse

On Thu, 25 Jul 2024, JAB wrote:

On 26 Jul 2024 01:05:30 GMT, Retrograde <fungus@amongus.com.invalid>
wrote:
>

1.
According to the 3,000-participant, three-year study from the National
Bureau of Economic Research, giving people $1,000 per month increased
leisure time, as recipients spent less time on sleeping, child care,
community engagement, caring for others, and self-improvement.

>
Yes, but this other tidbit is most relevant:  "First, we consider
adequacy of employment. Many low-income individuals would like to work
more hours but are constrained by not being offered many hours of work
by their employers."
>
These tidbits need another reference frame...what do those with a few
more bucks do?  Life in the suburbs...
>
Hint - "... less time on sleeping, child care, community engagement,
caring for others..."  "Few people know this, but swinging as a fad in
America actually began in the 1950s with Air Force officers in
California swapping wives."
>

community engagement

>
Few people are engaged with community engagement, and "caring for
others."

In all fairness, another weakness of UBI studies, regardless of if they end up in the pro or contra camp, is that by definition they do not test UBI, but only a limited amount of people for a limited time. That is a weakness in both pro and contra studies.