[enaaem]

I don't see the point of these small studies at all. Many people already have some form of UBI like pensioners. That their lives are pretty relaxed should come as no surprise.

The most important thing to study is the effect of UBI on total economy. Saudi Arabia is an interesting example, since their economy pretty much runs on free oil money. Saudi nationals are notorious for having bad work ethics, and they have to import many foreign workers to run the economy. To prepare the country for a post oil world companies are now required to hire a minimum percentage of Saudi nationals.

https://en.wikipedia.org/wiki/Saudization

[larrydag]

This is one of the macroeconomic scenarios that scares me the most. I can't imagine what would happen to the global socio-economic stability if those middle east countries were to lose that source of GDP. It's not to unreasonable to conceive either as more countries are becoming oil energy independent.

[JumpCrisscross]

> what would happen to the global socio-economic stability if those middle east countries were to lose that source of GDP

Tumultuous transition period followed by quiet.

The same wealth that currently placates them also enables them to project power. And when the wealth disappears, infighting is more likely than outward violence.

After the initial period of reorganisation, it will settle into a state similar to other formerly-wealth now-impoverished nations.

[Ericson2314]

Yeah, the extreme contrast between the countries that have and don't have oil in the middle east is what creates the conflict.

[neutronicus]

If the rest of the world is oil-independent, I imagine it will truck on regardless of any post-oil chaos in the former oil-producing regions.

[jostylr]

Please correct me if I'm wrong, but wasn't the Saudi setup a lot more like a government "jobs" guarantee where the job was rather pointless. The lack of ability to do a real job without giving up the zero stress bs job would certainly seem to breed a lack of work ethic.

UBI, on the other hand, rewards anyone who works on top of the UBI supplement. There is no need to choose between working and getting the "free" money everyone else is getting.

[Ericson2314]

Open it up to all legal resident of a country, not just citizens, and you avoid this problem. The gulf state / Singapore two-tiers model begets these things.