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I am assuming your comment is meant to be sarcastic. Be careful about assigning cause and consequence properly. Mass unemployment is an involuntary, macroecono
by nhaehnle 13y ago
I am assuming your comment is meant to be sarcastic.
Be careful about assigning cause and consequence properly. Mass unemployment is an involuntary, macroeconomic problem. [1]
I am not an expert in the British economy, so I don't know whether your numbers make sense. But just taking them at face value, it is quite likely that those millions of people are unproductive precisely because they have never had a job. So it's not their fault.
Incidentally, I partly agree with you in that I think that basic income advocates are too starry-eyed about what people would do on basic income.
This is part of why I prefer a Job Guarantee, as I have explained here: https://news.ycombinator.com/item?id=5931534 https://news.ycombinator.com/item?id=5931534
[1] http://alittleecon.wordpress.com/2013/06/19/the-parable-of-100-dogs-and-92-bones-why-the-work-programme-cant-work/ http://alittleecon.wordpress.com/2013/06/19/the-parable-of-1...