Re:12-year study will look at effects of universal basic income
by LifeLiverTransp on Monday May 07, 2018 @05:35PM
(#17016657)
UBI will change nothing. People who could benefit are "tidal"-locked in bad economic dependencies. If you live in a trailer park- and recive UBI- all that happens is that the landowner or landlord raises the rent to meet the new income you recive.
[ Parent
| on HN ]
Re:12-year study will look at effects of universal basic income
by munk-a on Monday May 07, 2018 @05:43PM
(#17016710)
It won't scale like that, costs of living will likely adjust up slightly but your landlord is fighting the grocery store for your additional income, ask too high and they'll lose a tenant.
Inflationary shifts like this have been shown to balance out pretty well and a UBI will reduce the ridiculousness of the income disparity by devaluing highly concentrated wealth.
Re:12-year study will look at effects of universal basic income
by nkoren on Monday May 07, 2018 @05:41PM
(#17016698)
From TFA:
> “It is easy to have opinions without evidence,” Suri said. “It is time we tried to gather some evidence and started thinking about what the impacts truly are and how it changes people’s lives.”