|
|
|
|
|
by Suncho
2698 days ago
|
|
Basic income solves the problem of how to get spending money to consumers. This is an important problem. If consumers don't have spending money, then the economy won't function properly. It is true that, in today's economy, we try to get spending money to consumers in other ways. Are these alternatives somehow more effective than basic income? For example, should we be making up unnecessary work for people to do as an excuse to give them spending money? Should we be distorting the labor market by "creating jobs" or artificially boosting wages? A big part of what a properly calibrated basic income does is that it allows the labor market to be efficient. You're certainly right that we don't want people to become miserable blobs. That's not a happy life. But what's the best way to prevent this? Is it to withhold money from them and force them to work at unnecessary jobs? Or can we do better? |
|