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by shkkmo 3289 days ago
I see this as merely a more complicated type of messaging and find the math of it to be... weird.

If I make no money, what stops me and a friend from starting two poem writing companies. He pays me 2k a year to write him a couple poems and I pay him 2k a year to write me a couple poems. Both of us end up making 18k a year profit and neither of us has to work.

It's a silly example, but the point is that not providing UBI to people who don't work... just means you create corruption to provide just enough work to get past the bar. So why bother?

Yes, we do want to incentivize productive behavior but denying UBI won't work and the harder you try to make rules as what qualifies as productive, the more you end up distorting the labor market.

1 comments

How about caring for your elderly parents? Or a mother looking after 3 children at home? Or cleaning up the common areas on the estate where you live? Are these worthless because they're unpaid?