But I think you should reconsider your position on “basic income”.

As a basic principle of a sound society, people who are able to work should not be paid for doing otherwise. It is an idea fraught with moral hazard. Sweden has gone through this in spades over the last decade; they reversed course rather quickly when global studies showed that they had more able-bodied people on a full dole than an other OECD nation.

If a society where automation has idled tens of millions is inevitable (and I am not entirely sure that it is, to the extent that the basic income fetishists say it is), then I would support job guarantees rather than basic income. It keeps people being productive, providing value, enhances skills and resumes, and always keeps a carrot in front of the worker.

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Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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