4 ms·
This Hacker News headline is bogus. The linked article doesn't prove that at all. This is click-bait. A simplistic one-paragraph $13,000 UBI proposal was mad
by PDoyle 10y ago
This Hacker News headline is bogus. The linked article doesn't prove that at all. This is click-bait.
A simplistic one-paragraph $13,000 UBI proposal was made, and the question was whether it was better than the status quo. Many of the economists chose "disagree" because they felt the details of the UBI proposal were unworkable; not because they disagree with the idea of UBI.
Here are some of the comments from those who disagree:
"And the children get nothing? The basic idea is sound but too simplistic as stated."
"A minimum income makes sense, but not at the cost of eliminating Social Security and Meidcare."
"John Cochrane proposes variants that would be better."
"13K is inadequate for anyone with no other income."
"The simplicity is attractive, but deceptive. Coupled with universal health care & tax reform it could work. but we are far from that."