> The idea doesn't include any kind of automatic stabilization system to set the UBI at a sustainable level. Except it does: land value. This right here is th

> The idea doesn't include any kind of automatic stabilization system to set the UBI at a sustainable level. Except it does: land value. This right here is the basis of geolibertarianism, which calls for a minimal government that exists solely to collect LVT and redistribute it directly as UBI. The UBI distributed should be equal to the opportunity cost externalized by private/exclusive land use. The cap would be a 100% LVT, where all land is leased from society as a whole (or more precisely, this minimal government representing said society). So: > Who decides how much UBI is enough? The land market. > What procedure will that person or body use? The appraisal of the market value of land (sans the improvements upon it, like buildings). > What is the algorithm that prevents UBI increasing without bound? Supply and demand of land.