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Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by zardo on Friday May 06, 2016 @02:48PM (#11645883)
>Economies don't spring up out of a pile of free rice.

Rice is a viable basis for a currency, it worked for China for a thousand years. Maybe the free rice piles just aren't big enough.

Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by thaumasiotes on Saturday May 07, 2016 @12:23AM (#11648384)
Well, you might want to qualify "it worked". There's a reason they moved to silver.

There was a point, when taxes were still assessed in rice, that the relevant official announced a large tax increase because the government just wasn't able to operate on what it was getting from existing taxes. He also started the process of reforming tax delivery, largely by making sure tax barges could make their way down the river without excessive delays. They had been arriving nearly (or completely!) empty thanks to predation by vermin.

The delivery reform was so successful that the tax increase was canceled. There were no (significantly problematic) issues with taxes not getting paid; expenditures were well within tax revenues; but... using rice as a currency meant that just because somebody paid you money didn't mean you actually received any.

Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by namenotrequired on Friday May 06, 2016 @03:47PM (#11646292)
There's a big difference between an economy and a currency.
Re:GiveDirectly Planning to Give $30M in Basic Income to Eas... by zardo on Friday May 06, 2016 @06:28PM (#11647170)
Giving people money isn't giving them an economy either, it's giving them currency. The economy comes when they trade, it doesn't really matter if it's dollars, gold, rice, or bitcoin, people just have to agree on it's value.