2 ms·
Nothing is axiomatic in economics. It's not a hard science -- there is too much complexity for us to create highly accurate models yet. It's not proven that UBI
by dwaltrip 7y ago
Nothing is axiomatic in economics. It's not a hard science -- there is too much complexity for us to create highly accurate models yet. It's not proven that UBI will cause inflation uniformly across the board.
You can make argument that this will happen. But it is simply wrong to state that it is an obvious mathematical derivation.
And once again, the potential systemic impacts of the policy that you are describing are not the same type of thing as a condition that an individual must meet to receive the payment.