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It's funny how UBI is one of the few economic policies that require such rigorous study to be considered for implementation. Pretty much every other aspect of o
by geysersam 2y ago
It's funny how UBI is one of the few economic policies that require such rigorous study to be considered for implementation. Pretty much every other aspect of our economic system was just implemented because of economic theory building without much empirical justification.
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- tmcb 2y agoGive them a shoddy paper based off a wrong Excel formula like the one they used to support austerity measures. Maybe that’ll do. https://arstechnica.com/tech-policy/2013/04/microsoft-excel-the-ruiner-of-global-economies/ https://arstechnica.com/tech-policy/2013/04/microsoft-excel-...
- Eddy_Viscosity2 2y ago> implemented because of economic theory building without much empirical justification Not even that sometimes. Like the US attempting to re-ordering the world trade system by imposing massive tariffs. They did this even though both economic theory and empirical evidence (previous historical attempts at doing this), showed it would be disastrous.
- m-schuetz 2y agoSomething that sounds implausible and at the same time prohibitly expensive requires way higher standards of proofs, that have not been met.