Low initial-cap entrepreneurship suffers from high transaction costs, just like developing world poor pay more for single-serve shampoo etc
Poll: For a $36,000 UBI model in the US, what would be a good frequency (ignoring interest)?
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@vgr needs $700/weekly, $100/daily, & $4/hourly options: won't UBI be most valuable to those with steepest time preferences? -
@gojomo as safety net, yes. But as entrepneurship boosting capex, lump sums better - 1 more reply
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@vgr a flexible one, so that pay-day loans dont continue to existThanks. Twitter will use this to make your timeline better. UndoUndo
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