UBI does not involve bureaucracy – increases trust in public institutions – Finland proves
Allas, Director of Research and Economics at McKinsey and Company, 2020
[Tera, Jukka Maksimainen, James Manyika, and Navjot Singh, “An experiment to inform universal basic income,” McKinsey and Company, September 15, 2020, https://www.mckinsey.com/industries/social-sector/our-insights/an-experiment-to-inform-universal-basic-income, accessed June 25, 2023, GDS-LL]
Exhibit 3
Countries with high levels of trust tend to have higher levels of income and life satisfaction.
When people trust institutions, such as the police, the judiciary, and public services, their trust in others also tends to increase,9 so it isn’t trivial that Finland’s basic-income program improved that level of trust. At the end of the two years, basic-income recipients registered elevated levels of trust in other people and institutions, such as Finland’s politicians, political parties, parliament, judiciary, and social-security system. One explanation could be that the basic-income experiment did not involve bureaucracy, another that the recipients felt society—or “the system”—was not neglecting people who had fallen on hard times.