2 ms·
Though one plus side of that is that it reallocates resources from capturing the value the rich control towards capturing the value that's been distributed to t
by nostrademons 6y ago
Though one plus side of that is that it reallocates resources from capturing the value the rich control towards capturing the value that's been distributed to the poor.
Right now few bright folks are interested in revolutionizing affordable housing, public education, or payday lending because the money's not in it. They make a lot more money advertising to the affluent class or owning a marketplace that gives them vacation rentals or cheap transportation.
If we had UBI, prices would eventually equilibrate to eat all the new disposable income, but the gold rush in the process might build a bunch more halfway-decent housing.