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As a general rule competition should do that, people will still buy the $1 widget over the identical $2 one. More may be need to deal with specifics though, lik
by flukus 7y ago
As a general rule competition should do that, people will still buy the $1 widget over the identical $2 one. More may be need to deal with specifics though, like supply shortages from the virus or certain market segments like real estate.
- peteradio 7y agoI don't think proper competition exists in certain areas where people spend a decent chunk of paycheck: telecommunications/internet providers and rent (any others? Healthcare?). I think UBI would be a handout to these industries, maybe it would do some good too, I don't know.
- celticninja 7y agothat may be US centric issue, and if you are doing UBI surely you need to do that alongside socialised healthcare?