11–20 of 809 posts
The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them. With basic income, we may just raise the cost of those things. This problem wouldn't appear in a study that distributed to only some individuals. We need to solve the regulatory or otherwise organizational problems of these things to prov…
Three year. Would you quit your job, and move somewhere cheaper if you knew the money will run out after three years, and you'll have a three year gap in your CV?
Are there really no lottery winners winning lifetime monthly payouts to study?
Because, if you gave me 5x average earnings for three years, I wouldn't quit my job. But if you guaranteed the money for the rest of my life, i'd pursue different activities (fun, good for me, but non-productive for society).
My issue, and I only have one, with these pilot projects for basic income is that its not realistic. The people in the project know that it will end at a fixed time, so their actions are different compared to what would happen in a BI/UBI system.
I've noticed that a lot of people who are born rich still choose to work.
The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them. With basic income, we may just raise the cost of those things. This problem wouldn't appear in a study that distributed to only some individuals. We need to solve the regulatory or otherwise organizational problems of these things to prov…
But this is from Canada, don't they have universal healthcare?
The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them. With basic income, we may just raise the cost of those things. This problem wouldn't appear in a study that distributed to only some individuals. We need to solve the regulatory or otherwise organizational problems of these things to prov…
In Canada?
Would not an increase in demand for such things lead to a corresponding increase in supply? Or is there something I don't know about supply restrictions in Canada?
The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them. With basic income, we may just raise the cost of those things. This problem wouldn't appear in a study that distributed to only some individuals. We need to solve the regulatory or otherwise organizational problems of these things to prov…
But this is from Canada, don't they have universal healthcare?
My issue, and I only have one, with these pilot projects for basic income is that its not realistic. The people in the project know that it will end at a fixed time, so their actions are different compared to what would happen in a BI/UBI system.
My issue, and I only have one, with these pilot projects for basic income is that its not realistic. The people in the project know that it will end at a fixed time, so their actions are different compared to what would happen in a BI/UBI system.
My issue, and I only have one, with these pilot projects for basic income is that its not realistic. The people in the project know that it will end at a fixed time, so their actions are different compared to what would happen in a BI/UBI system.
Yes, this is the glaring flaw in all of them as far as I've seen. On the other hand, who knows how long UBI would stay in place in a democratic country? It might get voted out in the next election, too.
> The three-year, $150-million program Three year. Would you quit your job, and move somewhere cheaper if you knew the money will run out after three years, and you'll have a three year gap in your CV? Are there really no lottery winners winning lifetime monthly payouts to study? Because, if you gave me 5x average earnings for three years, I wouldn't quit my job. But if you guaranteed the money for the rest of my lif…
A 3 year gap (call it a sabbatical and get all kinds of kudos for being so brave) isn't that hard to overcome, if you have the required skills.