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> he spending power of the basic income will ultimately reflect the value its recipients produced in order to obtain it - zero in this case. I'm always interes
by summerdown2 13y ago
> he spending power of the basic income will ultimately reflect the value its recipients produced in order to obtain it - zero in this case.
I'm always interested in these sorts of arguments and how certain some people are about how it will all end up. Could I ask how you have managed to be so certain about this?
Personally, I don't think economics is enough of a settled science to guarantee very much. The real world tests people have done so far have been intriguing, but I think a basic income requires a lot more empirical testing to know for sure.