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It's far too simplistic to say UBI would go to homeowners. In a supply-constrained environment, it's true that a higher capacity to pay would lead to higher pr
by jlmorton 5y ago
It's far too simplistic to say UBI would go to homeowners.
In a supply-constrained environment, it's true that a higher capacity to pay would lead to higher prices, but that's not some general truth. If it were, you could say the same thing about wage increases. Any policy goal seeking higher incomes would be useless: it will all just go to homeowners.
Why bother with public education? Sure, it will increase incomes, but it's all just going to go to homeowners.
- wizzwizz4 5y agoSubstitute “homeowners” with “farmers”. It'll all go to food costs. (Yet I don't hear anyone making this argument; what's different about food?)
- mrkentutbabi 5y agoPublic education doesn’t directly increase earning. Learning takes effort. Also you can learn useless stuff that has no demand. UBI is a handout. It takes zero effort you might as well lie down and be a rock.