3 ms·
I suggest UBI because I believe it's the most cost-effective way to allow people to get those things. Targeted intervention have often high overhead and undesir
by ajmurmann 4y ago
I suggest UBI because I believe it's the most cost-effective way to allow people to get those things. Targeted intervention have often high overhead and undesirable side effects. For example, demand-side interventions to support limited goods and services drive up the price of these things while cost controls frequently lead to prices going actually up, due to the regulatory overhead. See https://www.niskanencenter.org/cost-disease-socialism-how-subsidizing-costs-while-restricting-supply-drives-americas-fiscal-imbalance/ https://www.niskanencenter.org/cost-disease-socialism-how-su...
Let's just raise the poverty floor instead and let people decide what to do with the money.