2 ms·
He’s right that means testing is wasteful and can create disincentives, but the premise that it should be “inadequate” is not only antithetical to the very idea
by jonathankoren 3y ago
He’s right that means testing is wasteful and can create disincentives, but the premise that it should be “inadequate” is not only antithetical to the very idea of UBI, but is grounded in an unfounded belief that people will just lay about instead of engaging in productive and enriching activities. That’s simply isn’t true. We know that’s not true because we’ve run multiple real world experiments. Mix in the the laughably misguided idea that charities will somehow fill in the gap, and you get the classic motivated reasoning with some straight line graphs that have dominated economics until very very recently.
But hey. I welcome the Overton window shift.