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Joined 1 year ago
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Cake day: October 23rd, 2023

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  • This isn’t really true.

    We generally don’t experiment with economic policy because it’s not practical.

    The main impediment to UBI is not supporting data, but political will. Voters are so used to punishing poor people that UBI just doesn’t resonate with the voting public. Of course that will change with the continuing encroachment of automation.

    Additionally UBI is not all or nothing. You could increase it over time. If 20% of average salary is the objective, then start with 1% this year and increase it by 1% each year for the next 19 years. It will take 20 years to dismantle the other welfare systems anyway.