I was trying to think of parallels with the programming world, and perhaps this analogy might make sense to some people. Sometimes, the software we maintain ac

I was trying to think of parallels with the programming world, and perhaps this analogy might make sense to some people. Sometimes, the software we maintain accumulates so much tech debt that it becomes very difficult to make any headway. By setting aside some development time to address these issues, we enable developers to gain velocity again. In a similar way, sometimes we see poor people make illogical economic choices, simply because of a cash crunch. When people are poor, they have too many competing priorities that require urgent attention, and they find themselves caught in a series of wicked choices. A Harvard study suggests that poverty causes 13 point drop in IQ. The right level of UBI may actually improve the way energy and capital is deployed. It also protects a lot of small employers from economic shocks by smoothing out the velocity of money. Many readers are rightly concerned about the moral hazard introduced through redistribution of wealth. However, seen through the lens of tech debt and investment, UBI is relatively straight forward way of investing in the future.