Gosh, I don’t know. Not a domain expert, just an avid reader of primary studies on subjects I like.
It would surprise me, but I bet there are other studies you could with post-hoc data analysis, perhaps on lifetime outcomes of people who receive only a small income from a trust over a long period, like people with a moderately prosperous grandparent who put together a meager trust for them.
I know a couple of people with such a situation. They could definitely make much different life choices, even in one case where the trust paid out about the same as the take home pay from a job in retail.
I feel confident predicting that a broader survey of such folks would show vastly different life outcomes, professional attainment, marriage stability etc. when compared to people who started out without that.
It’s sort of obvious but you have to beat people over their heads with data before concepts even get widely considered.
Of course they would fare vastly better. You could work an actual retail job and have double the income. You could be a festival weenie for four years, get therapy, figure out your shit, and network with the better off festival weenies. The point being the universe of realistic and attainable life paths expands greatly with even small amounts of basic income, being able to say no to a bad deal is huge.
Which is why we will need to implement global reforms against extreme wealth. Social mobility scares the hell out of billionaires.
Gosh, I don’t know. Not a domain expert, just an avid reader of primary studies on subjects I like.
It would surprise me, but I bet there are other studies you could with post-hoc data analysis, perhaps on lifetime outcomes of people who receive only a small income from a trust over a long period, like people with a moderately prosperous grandparent who put together a meager trust for them.
I know a couple of people with such a situation. They could definitely make much different life choices, even in one case where the trust paid out about the same as the take home pay from a job in retail.
I feel confident predicting that a broader survey of such folks would show vastly different life outcomes, professional attainment, marriage stability etc. when compared to people who started out without that.
It’s sort of obvious but you have to beat people over their heads with data before concepts even get widely considered.
Of course they would fare vastly better. You could work an actual retail job and have double the income. You could be a festival weenie for four years, get therapy, figure out your shit, and network with the better off festival weenies. The point being the universe of realistic and attainable life paths expands greatly with even small amounts of basic income, being able to say no to a bad deal is huge.
Which is why we will need to implement global reforms against extreme wealth. Social mobility scares the hell out of billionaires.