People differ massively in the value they would put on the marginal dollar
Yes, of course.
giving some “free” money to low-earners can make economic sense
When you say “make economic sense”, what do you mean? If you mean that the aggregate utility of the society would increase, that’s not how economics work.
Yes, of course.
When you say “make economic sense”, what do you mean? If you mean that the aggregate utility of the society would increase, that’s not how economics work.