4 ms·
EconTalk has a recent episode on basic income [0]. The guest is against basic income but the debate is interesting. [0] http://www.econtalk.org/archives/2017/0
by roldie 10y ago
EconTalk has a recent episode on basic income [0]. The guest is against basic income but the debate is interesting.
[0] http://www.econtalk.org/archives/2017/01/michael_munger_3.html http://www.econtalk.org/archives/2017/01/michael_munger_3.ht...
- thephyber 10y agoMy interpretation of that episode was that the guest was largely _for_ UBI, so long as it replaced many of the current safety net / welfare programs (it is simpler to administer, doesn't require large bureaucracies to verify eligibility, and doesn't dis-incentivize people from getting a job and working their way up as do disability, unemployment insurance, section 8, food stamps, etc). My interpretation was that the host wasn't sold on the idea nor on the low estimated tax increases required to fund a UBI (IIRC the guest stated 3-10% increases in income taxes and the host speculated more like 20+%).