As Ireland’s $1,500-a-month basic income pilot program for creatives nears its end in February, officials have to answer a simple question: Is it worth it?
With four months to go, they say the answer is yes.
Earlier this month, Ireland’s government announced its 2026 budget, which includes “a successor to the pilot Basic Income Scheme for the Arts to begin next year” among its expenditures.
Ireland is just one of many places experimenting with guaranteed basic income programs, which provide recurring, unrestricted payments to people in a certain demographic. These programs differ from a universal basic income, which would provide payments for an entire population.
also by the way what i find interesting is that UBI wouldn’t actually have to pay for 100% of people’s living expenses. imagine i get a $100, then i’m gonna spend $30 of that on food at a nearby restaurant, so the chef and waiters are gonna get money, which they then spend again … what i’m saying is that $1 in UBI does far more than $1, because people are gonna spend it and then other people are gonna have it … so you probably need to pay far less than 100% of living expenses, only like maybe 30% could be enough.
Or less. Alaska’s dividend program is a couple thousand a year and significantly reduces its poverty rate.
Defining living expenses is tough. If everyone is homeless, getting them a studio or tiny house seems basic, but if everyone is in a studio, getting them into a one bedroom seems basic. If everyone struggles to get enough clean water to drink, having water for drinking and washing seems basic, but if everyone has plenty of wash water then they want pools and irrigated golf courses. The way human brains are programmed with a hedonistic treadmill means we will never feel like 100% of our living expenses are covered. But every sustainable bit of help we can set up society to deliver makes our society richer.