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A comment on Universal basic income to be tested in Wales. Parent comment
Economists know the results, they don’t need to run such experiments.
It’s like Socialism or rent control, the basic laws of economics will already tell you the outcome.
It just happens that lots of people think that economics is no hard science which doesn’t allow for such predictions.
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Economists know the results, they don’t need to run such experiments.
It’s like Socialism or rent control, the basic laws of economics will already tell you the outcome.
It just happens that lots of people think that economics is no hard science which doesn’t allow for such predictions.