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Old 26th November 2019, 04:15 PM   #298
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These threads always keep coming back to the assumption that too many people would simply quit work, and then the entire thing would collapse. Psion (I think) made the point a couple of times earlier that the test of whether the UBI is set at the right level is that it doesn't tempt too many people to sit back and do nothing.

That's an advantage of introducing it gradually, with incremental increases to allow the economy to adjust. The effect of the changing level can be monitored and a better estimate made of how high is too high in terms of incentive to keep working.
"The way we vote will depend, ultimately, on whether we are persuaded to hope or to fear." - Aonghas MacNeacail, June 2012.
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