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Guaranteed income is a form of stability, which changes the outlook of recipients far more radically than a one-time transfer. People are more likely to make pl
by quxbar 4y ago
Guaranteed income is a form of stability, which changes the outlook of recipients far more radically than a one-time transfer. People are more likely to make plans that increase their productivity in the future, such as fixing vehicles, going back to school, or leaving under-employed situations. The price fixing you describe already happens as much as possible, that's what drives inflation. UBI lets people walk away from bad jobs and re-distributes agency so that nobody is trapped.