3 ms·
No, the UBI is a simplification of welfare, to reduce the cost of poverty. It's mostly about social problems than economic problems. Inflation can be controlle
by jokoon 6y ago
No, the UBI is a simplification of welfare, to reduce the cost of poverty.
It's mostly about social problems than economic problems. Inflation can be controlled.
> The same thing was tried many times before in many different places, and the result has always been the same.
Do you have sources that are comparable with UBI experiments?
> until the poor are in the same situation as before, even with the additional UBI income.
No. Unconditional money, whatever the amount, is what matters.
Generally there is a critic that economics tend to focus too much on the math, and not on the political, social, psychological and human side. Ideologies have always affected economics. It also does today.