> UBI is first introduced at any arbitrarily low amount higher than $0. The fiscal authority then gradually increases the payout until the maximum-sustainable level of UBI spending is discovered > Notably, since this policy is proposed to be 'funded' by a monetary policy contraction, it in theory requires no tax or consolidation of existing government programs to implement; nor does it necessarily imply a net increas…
Calibrated Basic Income by Derek Van Gorder [pdf]
11–20 of 76 posts
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#12I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
Is politics supposed to be about maximizing the government's money? We saw where that lead with businesses. I thought the government was there to do things that weren't good profit maximizers but made the world better.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#13The issue with the current system is it gives a lot of money and power to banks, and finance. The issue with the proposed system, is that debt is actually a good thing for normal people. For example if you are young, productive, and come from a poor background, then you might buy a house with a mortgage. If debt is more expensive, then you are less likely -- and older people (and rich kids) are more likely -- to be a…
What you are talking about is inflation, which is due to more demand or lower supply. Lowering demand or raising supply is the solution. Since lowering demand is anti-human it seems raising supply is the only way.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#14I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
Is politics supposed to be about maximizing the government's money? We saw where that lead with businesses. I thought the government was there to do things that weren't good profit maximizers but made the world better.
All things being equal (which they're not) it would be a bit odd to choose a policy that ends up being more expensive. Either money doesn't work as it should or it's a bad policy.
In this case the hidden costs of police and health is a lot higher than the hidden cost in what is effectively a purely administrative change.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#15I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
Is politics supposed to be about maximizing the government's money? We saw where that lead with businesses. I thought the government was there to do things that weren't good profit maximizers but made the world better.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#16I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
Sure, people can do that, but remember that it's impossible to measure wealth without distributional concerns. Whenever you ask "will this make us richer", there's an implied wealth distribution in the question, since what's valuable depends on who has money.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#17I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
Emotions are the fuzzy result of billions of years of experience. We are capable of great things if the mind set is right. The mind set is almost entirely emotional. You are curious, you learn, you interact with others, you set goals, you accomplish things. If others do the same we can be proud together. It takes very little to disrupt this process and create people who don't give a fuck anymore.
I get that you want things to be analytically sound as anything else would be worthy of paranoia. Just read the article and see it is exactly what you've asked for.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#18I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
In order to asses how that quality of life can be improved, it's necessary to treat humans as humans, and not as some automatons for which a specific KPI needs to be maximized. Any proper assessment of quality of life has to have some instinctive component that models the human element, even if it's only used to picking what weighted set of metrics should measure quality of life.
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#19I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…
That's how all UBIs thus far appear to work. You need a fixed exchange rate area where some people don't get the UBI so that the physical output that actually funds it can be extracted from the people who don't receive it. That separation can be physical area, or age.
We can see from the state pension that the majority of people in receipt of it don't work. Instead they live off the output of others.
If UBI was a realistic possibility then the age at which people receive the state pension would be heading down towards 18 (since a UBI is just a state pension where the qualification age is the age of majority). The data tells us that the qualification age for retirement pensions is heading upwards, due to a lack of productivity gains to support it.
We also see complaints about its existence, which demonstrate that the capital inheritance maintained by the older generation and handed over to the young is not seen as sufficient to justify the state pension payment given to the old. Capital hasn't been maintained well enough and doesn't give enough to younger people. To the extent that younger people are agitating to have the state pension reduced or removed.
Switch 'old' and 'young' for 'in area' and 'out of area' and you see why UBI 'experiments' always end or are ended. Those who end up working to create the material output that actually funds the transfer get fed up getting nothing material in return and have the transfer stopped.
Somebody has to do the work to grow the carrots. If you aren't doing anything meaningful in return, (which means what the carrot grower wants you to do, not what you want to do) why won't they stop growing carrots when they have enough for themselves, and have Fridays off?
Re: Calibrated Basic Income by Derek Van Gorder [pdf]
#20I really wish people would learn to keep emotion out of this topic. There is really one ultimate question here: "Is this the best use of our tax dollars?". Not: "Does this feel like the best use of our tax dollars?". Show me how much UBI saves police departments, social welfare services, the health-care system,etc.. and how many new tax paying consumers it produces. Is it a reliable investment on people or is it a po…