Earlier quoted context omitted.
It’s the opposite. Currently governments subsidize housing, food, internet access, etc for the poor through various programs. There’s no free market interaction when government bureaucrats are deciding where to build affordable housing etc. UBI toss those programs away saying hand people money and let the free market allocate resources. Hypothetically you hand money to everyone, but as far as the middle class is conc…
If you don't like how the government subsidized certain markets today, I'm not quite sure why a good solution would be to subsidize the entire economy. Such a program is way too complex to model out and reliably predict what the impact will be. We simply don't know how much UBI is the "right" amount for specific outcomes, and we definitely don't know what the impact will be on any subset of the economy. According to…
As to being impossible to model, there’s a great number of countries in the world eventually one will likely try the experiment on its entire economy without impacting 99.9% of the global population.
That said, you can turn individual safety nets into UBI lockstep with changing the tax code and see what happens. The fear is people would spend ‘food’ money on drugs, or people in subsidized housing would move, or all the things which created these programs instead of handing out cash. That’s a political question not an economic one, are we trying to act as a parent or do we want people to have freedom to make their own choices.