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RE: Universal basic income.

in #economics6 years ago

I actually quite like the idea of universal basic income. Funding it is going to be a problem. In the existing system it is doable but I prefer to operate from my own paradigm of next to zero Government.

In absence of Government, crowd funding could be possible. Unfortunately, these things could work for a while and then lose steam.

Maybe if I depart from my paradigm of minimal government to the current world. Universal Basic Income could become part of a transition phase to smaller government and gradually phased out when it is no longer necessarily.

Anyway just a few ideas. I will probably change my mind later.