Moving Forward on Basic Income

With health care taking care of medical expense emergencies, basic income is left to take care of job-related emergencies. Your example of "my car broke down" would seem to fit that category. So what then? Joe loses his job but basic income will make sure he never goes homeless and always has enough food to eat. Instead of having a major crisis he can take a break from working and maybe upgrade his skills.

This is a dangerous thing to experiment with when you have a huge nation of 318+ Million population.

It's far safer to let smaller nations, like Finland (whose entire population is less than New York City), test this idea out for a few generations. It's far easier to "bail out" a city's worth of people than it is a large nation, if things don't go as planned.

My thoughts on the matter is that regulation on how the money is spent is only necessary in the cases where it's being abused. Current safety nets pays for this overhead on every beneficiary, whereas it's only really necessary on the people who no amount of unsupervised aid will help them (something like addictions would fall into this category). At this point we could have a single regulation and if BI isn't enough for this person to survive, it can be deemed that this person isn't functioning as a responsible adult and can have other systems act as a sort of legal guardian until they can be trusted to survive on BI. Yes it sounds like house arrest, but we can just have this be completely optional and equivalent to the "next" safety net. It's not more money or more food or whatever, it's simply guidance.

> But riddle me this: what do you do when someone on BI has a financial emergency or, as will happen with some regularity, just flat-out blows all their money and now can't afford rent and/or food? Do you tell them "tough shit, you've exhausted all your social safety nets" or are there safety nets below BI, essentially recreating the welfare programs previously destroyed? If so, how do you prevent fraud without a department following up on Joe's twelfth "my car broke down" case of the year?

Allow me to digress for a moment, I've recently been reading "The Expanse" series, and they have a throwaway snippet in the second book (i.e., not a spoiler) where a Martian Marine is walking the streets of a city on Earth. There's a girl who sells her a hot dog. The girl says that she's doing it for work credits. After she accumulates one year worth of work credits, she can attend university and get a real job and make money. Otherwise, she'd have to be "on basic."

Like I said, it's a throwaway scene, so there's not a lot of detail, and even in the later books when they talk about being "on basic", it's not a detailed description. But the girl in the story distinctly mentions "money" after "getting a job" which came after "university." That implies to me that, on some level, money doesn't exist for those "on basic." (And to be clear, in this not-terribly-futuristic Earth, everyone's on basic.)

In other words, the term "on basic" implied to me that you get food, shelter, clothing, access to public transportation, K-12 education, healthcare, and basic internet automatically. But if that's the case, why would anyone want money? Well, the implication here is that the food is minimal: ramen noodles and vegetables and beef. Shelter are studio apartments. Clothing are Wal-mart quality. Basic internet is more like 56K than broadband.

In the Expanse Earth, if you want more than that minimum (and most of us would), then you have to spend a year working to prove your willingness to contribute to society, and then you can go to university for free, then get a job and make money. That money can buy you things like a house with a yard, a car, surf and turf, and vacations to the moon.

If we were to somehow (and that's a big if) go with the definition of "basic" from The Expanse, it's almost impossible to squander it. You aren't handing Joe $500 and saying "This is your money for the month. Don't blow it." The food and clothing are free. (Presumably with demonstrable need, but in a post-scarcity society, perhaps T-shirts cost virtually nothing compared to the previous welfare systems and you might as well just hand them out on demand).

I'm not an economist, and I don't know the ins and outs of basic income, but that one throwaway page in The Expanse made me think a lot about what I think basic income should look like... and I don't think it should look like a monthly check.