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German experiment gave people a basic monthly income – the effect on their work ethic was surprising | CNN https://www.cnn.com/2025/04/11/health/germany-universal-basic-income-study-intl-scli-wellness/index.html

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N. E. Felibata 👽 reshared this.

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@Isaac Kuo What boggles me is that the US, Australia, Canada, UK, etc ALREADY HAVE A UBI! It's called the pension or social security. People at retirement age are given free money to live. The Australian economy would not function without all the volunteer work done by retirees.

"Duncan Ironmonger estimates that Australian volunteers perform $42 billion of unpaid labour each year . The
Australian Bureau of Statistics (ABS) has estimated the value of volunteer activity at up to $31 billion per annum."

https://www.pc.gov.au/inquiries/completed/ageing/submissions/volunteering_australia/sub028.pdf

@Isaac Kuo
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