Scott Santens
@scottsantensWriter and basic income advocate | Moderator of r/basicincome | Public speaker | Patreon.com/scottsantens | Twitter.com/scottsantens | Facebook.com/scottsantens
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RE: Unconditional Basic Income would fix a systemic flaw in markets: they can't tell the difference between a lack of demand and a lack of ability to express demand
Thanks! I've been told in conversations with others that this particular argument is particularly strong, so I wanted to make sure and finally put it in blog form for people to use and share.
RE: Unconditional Basic Income would fix a systemic flaw in markets: they can't tell the difference between a lack of demand and a lack of ability to express demand
Thanks! Yeah, if we zoom out and look at the point of markets as being for efficient and optimal resource allocation, what we see around us is obviously not efficient or optimal.
RE: The Monsters, Inc. Argument for Unconditional Basic Income: How to convert an economy based on fear to one based on joy
handing out money is destructive to the VITAL price discovery system of which any resource based economy is based off of. To the contrary, there is no price discovery possible if people don't have money
RE: The Monsters, Inc. Argument for Unconditional Basic Income: How to convert an economy based on fear to one based on joy
Wow, you really think you know a lot of things you don't actually know. Okay, so you've never read that Milton Friedman supported UBI. Does that mean he didn't? Or does it mean you just haven't read where
RE: The Monsters, Inc. Argument for Unconditional Basic Income: How to convert an economy based on fear to one based on joy
Sorry, but Alaska is not an example of communism, and Milton Friedman and Friedrich Hayek did not go down in history as free market communists. You show a poor understanding of what UBI is and what it
RE: The Monsters, Inc. Argument for Unconditional Basic Income: How to convert an economy based on fear to one based on joy
When you stop to think about it, our labor market is broken for work no one wants to do. When it comes to pricing for a job with low demand, employers should have to do more to make that job attractive.