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A variable basic income formula creates incentives for fraud and malinvestment and incurs more administrative costs and overhead. Keep it simple. Give the sam
by nugget 11y ago
A variable basic income formula creates incentives for fraud and malinvestment and incurs more administrative costs and overhead. Keep it simple. Give the same amount to each citizen like Alaska does with their natural resources fund. In terms of behavior, create the proper incentives and you won't need to force people to do anything. It's my belief that if we had a national basic income, set at the same level for all citizens, we would see a lot of interesting revitalization of rural areas. Some hipsters will move to the middle of nowhere where it's dirt cheap to live and start to build desirable communities, and over time others will follow. You can live for $500/month off the beaten path in temperate climates, especially if you're willing to pool resources and get your hands dirty with a dozen or so like minded friends. Detaching (basic) income from work (proximity to urban job centers) would be a fascinating experiment and I just hope I live long enough to see it.
- lisivka 11y agoBut why somebody else need to pay for that? What will happen with dirt-cheap home when UBI will be denied to it owner? Do _you_ want to pay someone $500 just because?
- nugget 11y agoSometimes democracy is two wolves and a sheep voting on what to eat for dinner. You spend your life thinking you are the wolf and then wake up one day to realize you're the sheep and the wolves are at the door.