Row 14336

Row ID: 14336 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 14336 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

First off, I don't disagree, but:

There is perhaps a risk of inflation with UBI depending on how it's implemented, but landlords and such don't exist in a vacuum, and a UBI by itself gives poor folks more options. In an unregulated market, dollars equal power, and if landlords in one area raise prices, someone with a sufficient UBI can simply move someplace better.

The sort of collusion necessary to coordinate prices across the US for instance would legally constitute collusion. In theory the SEC could break up and prosecute the landlords involved (or more likely the real-estate companies). There are perhaps concerns of regulator capture within the SEC that might prevent this, but there is a mechanism already in place.

The benefit of a UBI over providing basic services is that each individual gets to decide for themselves what they spend their stipend on. If it's sufficient, then one doesn't have to worry about getting shelter or food, they already have the money. But say they decide instead of working they want to spend all their time gardening, and providing their own food would provide them the most utility. For them, it would be better to have a UBI than for instance food stamps. Also, if you can buy whatever food you want with food stamps, how is that not just adopting a secondary currency of much more limited use, and what's to stop people from trading food stamps for something they actually want.

At that point you might as well just give them the dollar equivalent in cash, because it's less complicated to implement.

On the other hand it's probably just a good idea to have some sort of universal healthcare system, because even doctors need doctors. Education as well. In our (the US) current system, it would actually be cheaper to provide housing for the homeless than to continue policing them, and one perspective on housing is that because everyone has different housing needs a targeting system would make more sense, but it would probably be fine to just take it into account with a UBI

FieldValue
text First off, I don't disagree, but: There is perhaps a risk of inflation with UBI depending on how it's implemented, but landlords and such don't exist in a vacuum, and a UBI by itself gives poor folks more options. In an unregulated market, dollars equal power, and if landlords in one area raise prices, someone with a sufficient UBI can simply move someplace better. The sort of collusion necessary to coordinate prices across the US for instance would legally constitute collusion. In theory the …
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-20
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Raw Record

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  "text": "First off, I don't disagree, but:\n\nThere is perhaps a risk of inflation with UBI depending on how it's implemented, but landlords and such don't exist in a vacuum, and a UBI by itself gives poor folks more options. In an unregulated market, dollars equal power, and if landlords in one area raise prices, someone with a sufficient UBI can simply move someplace better.\n\nThe sort of collusion necessary to coordinate prices across the US for instance would legally constitute collusion. In theory the SEC could break up and prosecute the landlords involved (or more likely the real-estate companies). There are perhaps concerns of regulator capture within the SEC that might prevent this, but there is a mechanism already in place.\n\nThe benefit of a UBI over providing basic services is that each individual gets to decide for themselves what they spend their stipend on. If it's sufficient, then one doesn't have to worry about getting shelter or food, they already have the money. But say they decide instead of working they want to spend all their time gardening, and providing their own food would provide them the most utility. For them, it would be better to have a UBI than for instance food stamps. Also, if you can buy whatever food you want with food stamps, how is that not just adopting a secondary currency of much more limited use, and what's to stop people from trading food stamps for something they actually want.\n\nAt that point you might as well just give them the dollar equivalent in cash, because it's less complicated to implement.\n\nOn the other hand it's probably just a good idea to have some sort of universal healthcare system, because even doctors need doctors. Education as well. In our (the US) current system, it would actually be cheaper to provide housing for the homeless than to continue policing them, and one perspective on housing is that because everyone has different housing needs a targeting system would make more sense, but it would probably be fine to just take it into account with a UBI",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-20",
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