2 ms·
Indeed. Also, at $X/day, 330M x $X/day is a high overestimate simply because you don't HAVE to eat at these places. So low quality places, like McDonalds (cons
by tomrod 4y ago
Indeed. Also, at $X/day, 330M x $X/day is a high overestimate simply because you don't HAVE to eat at these places.
So low quality places, like McDonalds (consistent, but low, quality -- I'll not concede this point) would be impacted. But better quality food providers would not. So you would have crowding out on the low end. Does that make society as a whole worse off? Maybe not completely first-order pareto improving (people would pay taxes), but imagine how much better society is if kids can get fed and then focus on their educations? I think the second order knock-on effects are huge.
Now apply that world-wide. I am getting the Kurzgesagt warm fuzzies.