pull down to refresh

69 sats \ 2 replies \ @SimpleStacker OP 6h \ parent \ on: Pleb Economist #9: Comparative Advantage, AI, and You AI econ

UBI makes sense theoretically but my main beef with it is that the society itself cannot commit to not giving more welfare on top of UBI.

write
preview
69 sats \ 1 reply \ @SimpleStacker OP 6h

and by theoretically i mean it makes sense to a non-existent benevolent utilitarian social planner

reply
67 sats \ 0 replies \ @Undisciplined 6h

I basically agree, in the sense that I'd support converting the entirety of spending on government assistance into a UBI if the other programs couldn't possibly grow back.

reply