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Kagan MacTane (he/him)Apr 20, 2024

A natural basic income experiment began in the mid-1990s and how the kids (now in their 30s and 40s) are doing is incredible. As adults, they have fewer drug problems and their average IQ is higher. By age 26, the benefits of the UBI exceeded its cost by 3-to-1 thanks to better educational outcomes and reduced spending on crime and medical care.

https://academicminute.org/2014/06/jane-costello-duke-university-sharing-the-wealth/

(Reposting from elsefedi, where the original poster refused to add alt text.)

#UBI #UniversalBasicIncome #poverty #science

Jane Costello, Duke University - Sharing the Wealth - The Academic Minute

Does profit sharing improve the community at large? In today’s Academic Minute, Jane Costello, a professor at Duke University’s Insitute for Brain Sciences, profiles an experiment involving just that. In 1994, a tribe of Cherokee Indians opened a casino and shared the profits directly with the community. Jane Costello is professor of medical psychology in […]

The Academic Minute

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Marcos Dione Apr 21, 2024

@kagan "a NATURAL basic income experiment'?

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Kagan MacTane (he/him)

@mdione Yeah, that one stood out to me, too, in the original text of the original toot, which I merely reproduced here. (Like I said, "reposting"; sorry if that wasn't clear.)

Anyway, I'm not sure why the original poster chose that word, but he seem to be an expert in UBI and suchlike, so I guessed maybe it's a term of art in those circles?

Anyway, the original post is https://hachyderm.io/@scottsantens/112264336018794198, you could ask him.

Scott Santens (@[email protected])

Attached: 1 image A natural basic income experiment began in the mid-1990s and how the kids (now in their 30s and 40s) are doing is incredible. As adults, they have fewer drug problems and their average IQ is higher. By age 26, the benefits of the UBI exceeded its cost by 3-to-1 thanks to better educational outcomes and reduced spending on crime and medical care. https://academicminute.org/2014/06/jane-costello-duke-university-sharing-the-wealth/

Hachyderm.io