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It 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
by neilwilson 9y ago
It 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...