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by tomjohnneill 1826 days ago
A UBI that doesn't apply to foreign migrants isn't exactly universal.

Also, the second order impact of oil money appreciating the currency and therefore the reducing the international competitiveness of non-oil industries definitely has a big impact. In contrast, in a UBI situation, GDP still depends on the productivity of the country, not just the wealth generated from a niche (in terms of employment) extractive sector.

1 comments

What's the plan for dealing with the increased immigration then? UBI significantly increases the cost per citizen for a country, which would make migration much worse.