Global Feed Post Login
Replying to Avatar Guy Swann

1000%, discussion around UBI is always a gauge to how well someone understands basic incentives and market function.

There is literally no world where UBI doesn’t destroy an entire layer of the market incentive structure, leaving the society poorer than what UBI gives.

In other words, if you use UNI to give everyone an apple a day, it will lower the supply of apples in society by 2 apples a day, and literally everyone will be worse off by an apple, and worse they become dependent on the one apple they get from “the system” because apples are now too expensive.

nostr:note18aqkt6hpe9nnuqn59m9y9w43p2re9f4gakt6xj06lrekyf63tlwqpha2qj

Avatar
IdahoPuma 10mo ago

Yes it seems that is no one has a job and needs UBI then things will be so cheap it should even out…

Reply to this note

Please Login to reply.

Discussion

No replies yet.