Low initial-cap entrepreneurship suffers from high transaction costs, just like developing world poor pay more for single-serve shampoo etc
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Poll: For a $36,000 UBI model in the US, what would be a good frequency (ignoring interest)?
- $1500 bimonthly56.4%
- $3000 monthly32.7%
- $36,000 annually3.6%
- $72,000 biennially7.3%
55 votesFinal results
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needs $700/weekly, $100/daily, & $4/hourly options: won't UBI be most valuable to those with steepest time preferences?
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Very true. And they pay far more for labor, supplies, and taxes. Poor structures. Small companies are hard. Except in France, maybe :)
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Cost example: My little firm of 12 can pay $150, $200 + for a low end Hyatt stay. IBM guy, same room, they bill $56. Yet IBM has more $
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