A fragment from one of my responses down-thread, but I think it deserves to be a direct response to this: > If UBI is set high enough that more people drop out

A fragment from one of my responses down-thread, but I think it deserves to be a direct response to this: > If UBI is set high enough that more people drop out of the labor force than we can manage, the (real) UBI must fall by some mechanism. There are a few choices of mechanism, with various trade-offs, but we should be sure we're picking one.