Every policy proposal needs to be compared to the status quo and not to some utopian ideal.
It seems likely that a well-designed UBI would be vastly more efficient than our existing hodgepodge of welfare and other subsidies for the poor. It would eliminate the overhead of figuring out who should receive them and limiting fraud, and eliminate the disincentives to productivity that we have in place now. Neither is a small gain.
A UBI might also go some way toward settling our vast political bifurcation, by making people feel the world is a bit more “fair”.
An increase in entrepreneurial activity would be nice, but doesn’t drive the case for UBI.
Every policy proposal needs to be compared to the status quo and not to some utopian ideal.
It seems likely that a well-designed UBI would be vastly more efficient than our existing hodgepodge of welfare and other subsidies for the poor. It would eliminate the overhead of figuring out who should receive them and limiting fraud, and eliminate the disincentives to productivity that we have in place now. Neither is a small gain.
A UBI might also go some way toward settling our vast political bifurcation, by making people feel the world is a bit more “fair”.
An increase in entrepreneurial activity would be nice, but doesn’t drive the case for UBI.
Highly recommended: https://www.amazon.com/Our-Hands-Replace-Welfare-State/dp/1442260718/ref=sr_1_1?dchild=1&keywords=in+our+hands&qid=1601063375&s=books&sr=1-1