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0 sats \ 2 replies \ @itsrealfake 7 Jan \ parent \ on: Are state subsidised jobs just UBI with extra steps? econ
everyone "living off" UBI
a red herring. this is obviously impossible, and implies zero productive effort of any individual, which presumes that the UBI is somehow distributed with no human involvement, then the money is spent with no human involvement.
Whether UBI distorts markets I'm not sure of.
Every monetary action impacts The Market. Whether an impact is a distortion sounds like a value judgement.
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0 sats \ 1 reply \ @denlillaapan 7 Jan
nah, "distortion" has a pretty non-judgy meaning in economics
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92 sats \ 0 replies \ @itsrealfake 7 Jan
then there should be no question about whether UBI would distort a market.
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