What are the costs of UBI? Pros and Cons of Universal Basic Income
Release Date: 01/31/2021
The Libtard Podcast
-Who could be against free money?
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An old file, and an old idea I had, to quote at length several passages that were crucial to forming my own understanding of what the "division of labour" is. I have a new script to redo this episode without the long and tedious quotes, so you can expect that soon. In the future I will provide my own summary of important readings and why I care, rather than just quoting straight from the source material.
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info_outlineIn this episode I am hoping to appeal to the many people awakening to the possibility of a government sponsored Universal Basic Income (UBI) program.
I am not categorically for or against UBI; it is just one means of attaining a desired ends. I am hoping people who have not already made up their mind can be shown that along with the many pros politicians talk about, there are many cons to a policy/ program like this.
I do not think these costs "refute" UBI, but it should make an unbiased judge skeptical of whether or not it will be the right tool for the job.
Since ideas matter, and your ideas are manifested in law by voting for constituents who share those ideas, it is important to make sure we are as informed as possible. UBI has many costs and unintended side effects we should all be aware of before finalizing our decisions and casting them in law.