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Is the World Ready for a Guaranteed Basic Income?

freakonomics.com

131–133 of 133 posts

Re: Is the World Ready for a Guaranteed Basic Income?

#131
post #129
post #127

Earlier quoted context omitted.

>As I said previously, I would love to hear the historical case you have in mind. Let's examine the facts and discuss further. Saying we disagree in the interpretation of historical events without even discussing any is a cop out and intellectually disingenuous. We would only be discussing our subjective interpretations of facts. I don't think that's intellectually disingenuous. For example, how could you argue with…

>What is a "free" market? I think this is the important question. My core belief is that actors in an economy will act according to game theory. Is a free market one with no rules? If so, what is to stop someone from lying, cheating, or stealing? Is a free market a system with a few basic principles? While clearly defining a free market is an important discussion, I think it out of the scope of this discussion. The d…

>It is government not businesses who are responsible for hundreds of millions of deaths in the past century alone.

This is simply untrue. You cannot blame the concept of government for what people in governments do. I can be against what a private industry does without being against the concept of industries altogether.

>I find it ironic that you believe private businesses would do you personal harm, but you have no similar concerns for government.

I said no such thing. I said that I have more of a say in what happens in my government than in a private business.

Re: Is the World Ready for a Guaranteed Basic Income?

#132

Earlier quoted context omitted.

If all rents rise jointly that primarily indicates that housing is not competing on price, so remedying that anti-competitive environment is a separate and more important issue IMO.

I don't understand the thinking here. Rents are set by what the market can bear. Make more money available and the price will increase.

If demand outstrips supply.

Re: Is the World Ready for a Guaranteed Basic Income?

#133
post #125

Earlier quoted context omitted.

You have to fund it via land value tax or rentiers will take up all the slack. Get rid of income tax, tax land. We want to stop rentiers, we don't want to stop workers. Right now it's back to front, by design.

Can you explain how land value tax relates to current UK council tax? Is CT just a really poorly implemented LVT and could LVT be implemented by modifying the existing CT system? I advocate for LVT in the abstract but get stuck on explaining implementation in a relatable way. p.s. really appreciate your persistent posting on this :)

Sorry i missed this msg. Yes CT is not enough. LVT would replace income tax as the primary govt income.

Read Henry George.

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