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I think it's an interesting question as to what effect NIT/UBI would have on the labour market. On the one hand, it's a labour subsidy, so employers theoretica
by aninhumer 10y ago
I think it's an interesting question as to what effect NIT/UBI would have on the labour market.
On the one hand, it's a labour subsidy, so employers theoretically don't need to pay as much to offer a decent quality of life as an incentive. But on other hand, people no longer need a job to survive, which reduces the incentive to work.
I think the end result here might be a notable improvement in job quality. When you're not struggling to survive, it's much easier to weigh job quality in your decisions, and take less money in exchange for a more pleasant job. In particular, I think a lot of service jobs, could be more enjoyable if companies actually had to care about work environment.