Universal basic income doesn’t impact worker productivity By Patrick Hoff Last modified January 15, 2021. Published January 15, 2021. Click here.
The Academic Times Home Biology Economics Political Science Psychology Universal basic income doesn’t impact worker productivity By Patrick Hoff Last modified January 15, 2021. Published January 15, 2021. A universal basic income doesn't seem to hurt worker productivity. (AP Photo/Petr David Josek) Twitter Linkedin Facebook Email Print Providing workers with a universal basic income did not reduce the amount of effort they put into their work, according to an experiment conducted by Spanish economists, a sign that the policy initiative could help mitigate inequalities and debunking a common criticism of the proposal. Examining a universal basic income worth about one-fifth of workers' median wages, the researchers also found that the threat of being replaced by robots did not impact workers’ productivity, nor did a tax on firms when they replace a worker with a robot or automated process, though the latter successfully created a disincentive for managers. Their ...