This consideration is missing in most of discussions about basic income. What is the opportunity cost of NOT implementing a basic income scheme?
What if we make an effort to assess the opportunity cost in longevity changes, public health indicators, crime rate, education levels and, perhaps, most encompassing and important parameter: human happiness.
I am quite sure that the opportunity cost which humanity and individual nation-states incur for not implementing basic income is absurdly, humongously huge.
What if we make an effort to assess the opportunity cost in longevity changes, public health indicators, crime rate, education levels and, perhaps, most encompassing and important parameter: human happiness.
I am quite sure that the opportunity cost which humanity and individual nation-states incur for not implementing basic income is absurdly, humongously huge.