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A comment on Universal Basic Income Is a Neoliberal Plot to Make You Poorer. Parent comment

Re:Universal Basic Income Is a Neoliberal Plot to Make You P... by socialist_coder on Monday August 08, 2016 @09:35AM (#12247564)
Well, the argument in the article is that basic necessities are priced based on what people can afford. So, if everyone is getting UBI, in theory they could all afford more, and so prices would just go up; bringing everyone back to where they used to be before UBI, but now without the non-UBI based benefits (food stamps, welfare, etc).

But, the article does not provide any evidence (simulations or studies) to back up that claim and, in my opinion, it is not very convincing.

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Re:Universal Basic Income Is a Neoliberal Plot to Make You P... by tonyedgecombe on Monday August 08, 2016 @09:41AM (#12247627)
In regions where housing supply is constrained it seems very likely those costs would increase in line with any increase in incomes from UBI.

This makes me think the state getting involved in housing provision would have a much greater impact than UBI.

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Re:Universal Basic Income Is a Neoliberal Plot to Make You P... by tricknik on Monday August 08, 2016 @11:37AM (#12248586)
Yes, it does provide evidence, by citing Minksy: http://digitalcommons.bard.edu/hm_archive/429/
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