Re:What Is the Point of Universal Basic Income?
by flukus on Sunday February 02, 2020 @06:00PM
(#22220070)
> because the price of any good or service that profits rent seekers will be inflated almost instantly to maintain differentials.
Only if there is insufficient competition to keep prices down and the market is already broken, which is the case in some areas but not most. In the more notable cases like housing UBI still helps by freeing people to live anywhere instead of cities with plentiful jobs, and even that is largely an artificial problem in developed countries with birth rates below replacement levels.
Only if there is insufficient competition to keep prices down and the market is already broken, which is the case in some areas but not most. In the more notable cases like housing UBI still helps by freeing people to live anywhere instead of cities with plentiful jobs, and even that is largely an artificial problem in developed countries with birth rates below replacement levels.