Imagine if more people understood that:
- gains from trade are positive-sum
- free markets are positive-sum
- economic growth is positive-sum
- peaceful human interactions are positive-sum
@AndrewYang gets it. But most Democratic candidates still think America is a zero-sum gamehttps://twitter.com/AndrewYang/status/1141109571387318272 …
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1:56 -
Replying to @primalpoly @AndrewYang
His UBI plan literally assumes extra wealth being created out of thin air via a demand induced growth mechanism (and he thinks this will occur regardless of the point in the business cycle it is implemented). That isn’t a belief in markets, etc. It is a belief in magic.
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He says that a USA vat will pay for it.
7:12 AM - 19 Jun 2019
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