Hacker News new | ask | show | jobs
by TheOtherHobbes 3351 days ago
This argument is nonsense because the costs of not having UBI are much higher.

They include lost economic opportunity, crime, lost productivity, extra healthcare spending, and others.

Unfortunately they're second order costs, so they're invisible to people who take a simple moral view of unemployment and can't think beyond that to a place where they can make realistic predictions of economic cause and effect.