The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them.
With basic income, we may just raise the cost of those things.
This problem wouldn't appear in a study that distributed to only some individuals.
We need to solve the regulatory or otherwise organizational problems of these things to provide real relief. Throwing money at the problem will just move money to a few hands.
With basic income, we may just raise the cost of those things.
This problem wouldn't appear in a study that distributed to only some individuals.
We need to solve the regulatory or otherwise organizational problems of these things to provide real relief. Throwing money at the problem will just move money to a few hands.