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"Incentives are king." That seems to be the paradigm, doesn't it? Government is seen largely as the management of incentives to achieve the desired result. Now,
by rebuilder 7y ago
"Incentives are king." That seems to be the paradigm, doesn't it? Government is seen largely as the management of incentives to achieve the desired result. Now, start throwing around money with no strings attached - what incentives are there in that for the recipients.
Of course UBI and helicopter money ruffle feathers. They directly contradict the basic assumptions our political systems are thought to work on.
- thatcat 7y agoUBI is efficient because the bureaucratic structure and approach to managing peoples incentives for them is so poorly thought out and inefficient that more of money gets allocated properly if you give it to the recipient directly and basically just hope their incentives align with yours indirectly rather than micromanaging their lives indirectly with conditional benefits to force some appearance of gains in your measured metrics.
- rebuilder 7y agoI'm not arguing for or against UBI. I'm trying to point out a reason it might be unpopular that has nothing to do with its actual effects.