3 ms·
The article gives the impression of UBI as some sort of targetted scheme with the money of putting money in the hands of people who need it. At least in India,
by sameerds 6y ago
The article gives the impression of UBI as some sort of targetted scheme with the money of putting money in the hands of people who need it. At least in India, it is touted as an alternative to government subsidies. Seen that way, it's a system overhaul rather than a way to help all people at an individual level. Government subsidies will always be inefficient, no matter how well-intentioned a particular set of people are. Instead, a simple UBI scheme will dramatically reduce administration costs and plug all leakages.