It is an interesting study. I would agree with you that the reporting of an otherwise worhtwhile study makes it sound completely out of context. However, this is really the way of all reporting at the moment (via all channels, not just traditional media, but also social and otherwise). People grab onto sensational headline claims and ignore the nuance that most scientists are often making.
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Wish I could read the actual study, instead of just the reporting around it. No luck finding it through Google Scholar though and don't have any paid subscriptions anymore from uni : )
As far as I understood, it was a presentation at a symposium? So, maybe the paper is coming soon.
The parts of the reporting that I did read, was that the modelling was done for economies that simulated Netherlands and Belgium. So countries with a decent welfare net in place. Perhaps in third world countries (like America, haha!) it would have a larger and positive effect.
Do the humanities also have a preprint equivalent like arkiv?