> generated nearly €80 million in total benefits to the Irish economy
Approximately 75% of the “benefits” is by the WELLBY framework, which considers each “wellbeing point” to be equivalent to €13,000 a year additional income.
This could be a valid metric, but it feels a bit iffy, and without this evaluation it would be a significant cost to the Irish economy, so I do not think this UBI can be considered truly a positive return to the economy
Approximately 75% of the “benefits” is by the WELLBY framework, which considers each “wellbeing point” to be equivalent to €13,000 a year additional income. This could be a valid metric, but it feels a bit iffy, and without this evaluation it would be a significant cost to the Irish economy, so I do not think this UBI can be considered truly a positive return to the economy
[1] https://assets.gov.ie/static/documents/b87d2659/20250929_BIA... - goto ‘Results’