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Universal Basic Income – Poll Results from IGM Economic Experts Panel

igmchicago.org

11–20 of 126 posts

Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel

#13
post #7

I don't know a better way to put this. The whole UBI idea that shows up here a lot (e.g. https://stratechery.com/2016/the-brexit-possibility/ ) is just naive. And now we have a nice poll of the experts to justify that judgement. UBI of $13k has the same support from experts as does denying climate change.

"A UBI of $13k financed by removing X, Y, Z programs [such that the numbers don't even actually add up]"

Counting that as a dismissal of all UBI proposals seems incorrect.

Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel

#14
I think you need to look at it from bigger picture. It's only matter of time when machines will take most of non creative jobs (we all see how ML is going forward) because they will be cheaper and more efficient than humans. Tell me then what you will do with hundreds of millions of people without work? In my opinion basic income is the answer to this problem.

Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel

#16
post #2

The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…

Agree with what you said. I also believe we need to keep UBI high in discussion to move it forward.

Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel

#17
"It might also shift the norm whether to work. Work = being part of society " - Markus Brunnermeier(1)

I love how simply Markus arrived at the fundamental political issue with Basic Income in the USA: American culture and society is a "work culture".

If you're not working you're not part of society.

That's a very plain and powerful statement that is central to many of the gut-reaction trump-esque disparaging arguments vs. UBI.

(1) http://www.igmchicago.org/igm-economic-experts-panel/partici...

Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel

#19
post #12

> Work = being part of society That's a sad state of affairs.

Society is a group of people whose collaborative efforts are able to accomplish more than any one individual and more than simply a sum of individuals. That means 'work', which is another word for 'doing something for someone else'. It is selfish to believe that one can belong to a group of people and obtain the benefits without contributing to it.

Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel

#20
post #2

The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…

Unless it serves as a replacement for almost all handouts, it will never get the votes to pass in the US. Also, Social Security is effectively a UBI for old people. Why would you keep it around?

Unless it serves as a replacement for almost all handouts, it wouldn't even be UBI.
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