After much thought, I think I am 73% sure I am against universal basic income on psychological grounds. (1/2)
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issue with means, not with ends. Still think market alone won't do the trick either.
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seems like an immediate incentive for Walmart to reorganise to a collection of nominally independent small corps.
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Your model sounds vaguely like update on earned income credits.
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okay, that is NOT a UBI model. That's a sort of micro-keynesian EIC++ scheme (which I do like better than UBI)

