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by dimnsionofsound
2153 days ago
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The market is also distorted by us humans' inelastic demand for food and housing, which means sometimes sellers can charge higher prices for things such as these that people cannot go without if they don't like the price. I'm not sure if UBI would help reduce that distortion or not, but ideally it would be nice to have a consequence be that participation in markets and in transactions (such as housing) is more voluntary. (Edit: a word) |
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