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March 29, 2024, 04:00:41 pm

Author Topic: What you you think about basic income?  (Read 1073 times)  Share 

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olivercutbill

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What you you think about basic income?
« on: July 24, 2016, 10:02:48 pm »
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Hello-

Basic income is an interesting economic theory that plays with incentives. If you are unfamiliar with basic income then i would recommend this article by Nate Silver's website 538: http://fivethirtyeight.com/features/universal-basic-income/

Overall, I doubt the basic income model. But, for the individual, whilst utility of output may be reduced, perhaps there is something to be said of facilitating activities that cannot be monetised.

>Switzerland recently held a failed referendum on basic income
« Last Edit: July 24, 2016, 10:05:40 pm by olivercutbill »
2016 ATAR: 93.05