Study begins in Germany of universal basic income

A trial has been launched in Germany of a universal basic income that would give people 1,200 euros a month, about $ 1,400, according to reports published on Wednesday

The three-year study by the German Institute for Economic Research, funded by private donations, will give the monthly payments to a group of 120 Germans, the Times of London reported.

Researchers will compare the experience of the 120 Germans who will receive the payments with another group of 1,380 people who will not receive the payments. The study is funded by 140,000 private donations, according to Business Insider.

Participants will likely be asked to complete questionnaires about their life, work, and emotional state in order to study the effects of universal basic income.

Jürgen Schupp, who is leading the study, told the German newspaper Der Spiegel that the study will improve the debate on universal basic income by replacing “stereotypical” opponents and proponents of such proposals with further information.

“The debate over basic income has so far been like a philosophical salon in good times and a war of faith in bad times. It is – on both sides – shaped by clichés: Opponents claim that people with a basic income would stop working people to double down on the bank with fast food and streaming services. Proponents of her case have been working to make the actual transcript of this statement available online. Schupp told the newspaper, according to an English translation.

“Incidentally, these stereotypes also flow into economic simulations as assumptions about the underlying costs and benefits of a basic income. We can improve this if we replace these stereotypes with empirically proven knowledge and can therefore lead a more appropriate debate, “Schupp added.

In the US, former Democratic presidential candidate Andrew YangAndrew YangBiden rides high but finds anxious party Maher says he is worried Biden is not ‘comfortable ahead’ poll: Majority of voters now say the government should have a universal basic income program BUT launched a universal basic income program as a key component of its campaign, raising the issue at the national level.