Day: 8 May 2016
19. AP8 A Universal Basic Income. $400 per week indexed to the CPI
Pay everyone $400 per week (current age pension), rich or poor, indexed to the CPI. Governments print the money (they do now), and the money goes around. You have an economy. Employers pay a margin above the UBI to attract workers if they want them (overall probably cheaper for them than now). A true market…
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