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> Have you met any trust fund babies who don't have to work? Do you think it's wise to create more of them? What is your basis for believing that UBI would cr
by awj 9y ago
> Have you met any trust fund babies who don't have to work? Do you think it's wise to create more of them?
What is your basis for believing that UBI would create more of them? UBI would be ... universal, so A) society would better adapt since it's pervasive and B) there's no way any single individual would have access to a trust fund baby lifestyle off it.
- jgalt212 9y agoIf it's truly universal, then the it's good effects will be severely curtailed by the substitution effect. https://en.wikipedia.org/wiki/Substitution_effect https://en.wikipedia.org/wiki/Substitution_effect
- neon_electro 9y agoAs a layperson, could you expand on your point here?