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I'm willing to listen. It just seems odd to have so many who scratched and saved and schemed and clawed their way to near the top of their professions, with a
by patrickg_zill 8y ago
I'm willing to listen.
It just seems odd to have so many who scratched and saved and schemed and clawed their way to near the top of their professions, with a great deal of wealth, now telling me how easy it is if we just hand out free cash to people...?
- closeparen 8y agoThe Economist is more “liberal intelligentsia” than “top-hat and monocole robber baron,” and more pragmatic centrist than libertarian extremist. (Consider the number of NGO management positions advertised in its pages). Beyond basic human empathy, its patrons generally want a stable and productive environment in which to live and conduct business. UBI (like its cousin Negative Income Tax) has some traction in this intellectual circle as a more elegant, less side-effectful way of delivering on those goals than other welfare schemes with more populist appeal (which tend to pick winners, diminish productivity, or function more as working-class catharsis than economic optimization).