Is Basic Income Basically Unproductive?
Neil Wilson

We don’t fine people for not working, because that would amount to a misallocation of resources ie it would lower our stock of wealth and economic welfare.

And we don’t break windows to create more jobs as that does the same.

We really are best off letting markets match people with jobs. In order to make those markets fair and efficient we only need the correct framework of property rights which the UBI would certainly be a big piece of the puzzle.

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