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A comment on Our Broken Economy, in One Simple Chart. Parent comment

Re:Our Broken Economy, in One Simple Chart by awj on Tuesday August 08, 2017 @12:35PM (#14959564)
> Have you met any trust fund babies who don't have to work? Do you think it's wise to create more of them?

What is your basis for believing that UBI would create more of them? UBI would be ... universal, so A) society would better adapt since it's pervasive and B) there's no way any single individual would have access to a trust fund baby lifestyle off it.

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Re:Our Broken Economy, in One Simple Chart by jgalt212 on Tuesday August 08, 2017 @01:25PM (#14960124)
If it's truly universal, then the it's good effects will be severely curtailed by the substitution effect.

https://en.wikipedia.org/wiki/Substitution_effect

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Re:Our Broken Economy, in One Simple Chart by neon_electro on Tuesday August 08, 2017 @01:44PM (#14960379)
As a layperson, could you expand on your point here?
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