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cmuratori's profile
Casey Muratori
Casey Muratori
Casey Muratori
@cmuratori

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Casey Muratori

@cmuratori

I'm worried that the baby thinks people can't change.

Seattle
caseymuratori.com
Joined March 2009

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    1. Tyler Glaiel‏Verified account @TylerGlaiel Aug 2

      gotta like the libertarian "thought" that UBI would cause massive inflation, but just getting rid of taxes wouldnt?

      6 replies 2 retweets 47 likes
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    2. Casey Muratori‏ @cmuratori Aug 2
      Replying to @TylerGlaiel

      That is actually probably correct, if you are a strict libertarian. Tax+UBI is an affine constant redistribution, so it would make things people buy get more expensive. "No tax no UBI" would mean zero redistribution, so fewer people can afford anything, hence deflation...

      1 reply 0 retweets 2 likes
    3. Casey Muratori‏ @cmuratori Aug 2
      Replying to @cmuratori @TylerGlaiel

      I am sure an optimistic libertarian would argue that somehow when you do this, the resulting "economic growth" or whathaveyou will make this not happen, but I've never actually seen that happen in an economic system in practice.

      1 reply 0 retweets 2 likes
      Casey Muratori‏ @cmuratori Aug 2
      Replying to @cmuratori @TylerGlaiel

      All of these things are much more complicated than most people realize, however, so I would say UBI and inflation are things you can't really talk about without having very specific sets of parameters for just about everything, which nobody ever actually includes.

      2:44 PM - 2 Aug 2021
      • 4 Likes
      • Rafael Túlio 🇧🇷 int16_t Zenity 🧢
      1 reply 0 retweets 4 likes
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        2. Tyler Glaiel‏Verified account @TylerGlaiel Aug 2
          Replying to @cmuratori

          ya true its very complicated and people have a hard time not treating things in the context of the current system, see any discussion about UBI that neglects the largescale society-wide changes that would result if *everyone* has that as a safety net / backup plan

          1 reply 0 retweets 4 likes
        3. Casey Muratori‏ @cmuratori Aug 2
          Replying to @TylerGlaiel

          UBI is affine, non-UBI is linear, this is the way to think about it. I don't understand why people make a huge deal of it. Yes, you would have to gradually phase it in at like $100/year or something, but otherwise it's just the same old equation, but now it's affine.

          1 reply 0 retweets 1 like
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