That's only the case if most people are happy sitting back and living off UBI. That's not a given. I've known people who inherited reasonable sums of money - e

That's only the case if most people are happy sitting back and living off UBI. That's not a given. I've known people who inherited reasonable sums of money - enough to live a frugal life for a decade or so. None of them have quit their jobs and lived frugally for a decade. What that money has allowed is security. It's allowed them to take career risks, or go back to university and retrain. That's obviously anecdotal - my network skews educated and career driven to start with. It would be interesting to know how many people would just sit back and do nothing. It would also be interesting to know how inflationary the effect of everyone having that UBI would be - so much of the value of money comes from its relative scarcity, so maybe we'd find that if everyone has a basic income then the threshold for security just goes up. I'm not sure how we'd establish that without trying it though.