German UBI Experiment: Full-Time Work Continues, Happiness Increases

A three-year German experiment provided 122 participants with a monthly unconditional basic income of €1,200. Surprisingly, participants didn't reduce their working hours; instead, job satisfaction increased, and they were more likely to change jobs or pursue further education. The study showed that unconditional basic income didn't decrease economic activity but improved participants' mental and physical health, particularly for women, who experienced a greater sense of autonomy. This experiment challenges the conventional wisdom that basic income discourages work and offers valuable insights for future policy decisions.