Re:Enough with Basic Income
by justinmk on Sunday September 11, 2016 @10:40AM
(#12473581)
> Competition will continue to keep prices down
That's an incomplete statement, because it doesn't quantify the effect. Will the effect be zero, or will BI be priced-in (higher prices, lower present-value of BI)?
US college tuition and housing prices increased dramatically, because of decreased consumer price discrimination driven by low-barrier loans.
That's an incomplete statement, because it doesn't quantify the effect. Will the effect be zero, or will BI be priced-in (higher prices, lower present-value of BI)?
US college tuition and housing prices increased dramatically, because of decreased consumer price discrimination driven by low-barrier loans.