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This is an interesting set of arguments, I hadn't considered the efficiency of service delivery before. Do you have any way of estimating the magnitude of thes
by theptip 8y ago
This is an interesting set of arguments, I hadn't considered the efficiency of service delivery before.
Do you have any way of estimating the magnitude of these effects? I don't on my side, unfortunately, but I'd love to see some more detailed analysis either way.
I could believe that the positive utility from the effects you describe is higher than the negative utility of some industries being automated away, but it seems equally plausible that it's the other way, too (indeed from my naive non-economist viewpoint it seems like those effects would be second-order effects to the job-destruction ones).
> the minimum wage influences what jobs will be interesting under UBI.
I think there's a pretty watertight argument for abolishing the minimum wage if you're in a UBI regime, right? I certainly haven't heard an argument against, but perhaps you have one. I would have thought that the UBI would provide the "pinning" effect that you refer to, and then we could simplify the wage regulation by dropping the minimum wage, to give people more options on what to work on.