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Friday, December 30, 2016

Friday links


Tyler Cowen

December 2016 Eris of the Month. 

Facebook discussion on RAW as a libertarian.

Good short interview with Tyler Cowen.

Argument against universal basic income.  But Josh Barro's alternatives aren't very impressive.

3 comments:

Monocolour said...

Hi there, long time listener, first time caller.

That Josh Barro article complaining about Basic Income grates me. I'm always dubious of those who posit some sort of moral benefit or imperative to working. It strikes me as a very shallow argument.

A universal income won't destroy meaningful and fulfilling work, because people will still want to do it. It's other jobs, the demeaning, dehumanising, low paid drudge - that will go to the wall. Good riddance.

A happy 2017 to everyone.

MC

Cleveland Okie (Tom Jackson) said...

Always glad go hear from someone new!

I'm not even sure that a guaranteed income will be a disincentive to work. Yes, some people will turn down an unpleasant job because they don't need the money that badly. But other people might take a low-paying job, because that, combined with the earned income, makes it worthwhile to work. I suspect that for some people, basic income would function as an earned income tax credit -- it would "make work pay."

The experiments planned in Finland and other places may perhaps shed light on this.

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