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as far as i remember my local news source reported this correctly, but still called it "a failure" as due the short duration the program was running (due to the
by stefs 8y ago
as far as i remember my local news source reported this correctly, but still called it "a failure" as due the short duration the program was running (due to the non-continuation) it's not enough to see the long term effects of UBI.
- neilwilson 8y agoIt would never be enough anyway. We know what the small scale effects of UBI are - much the same as tax credits but they get always get cancelled politically or run down to an irrelevance. And extrapolating such small scale interventions to an entire currency area leads to a fallacy of composition. https://medium.com/modern-money-matters/is-basic-income-basically-finnished-babadac2d29b https://medium.com/modern-money-matters/is-basic-income-basi...