RE: Unexpected Consequences of Basic Income (Pt 1) : The Black Market

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Unexpected Consequences of Basic Income (Pt 1) : The Black Market

in basicincome •  8 years ago 

I have also written a theory about basic income:
https://steemit.com/money/@profitgenerator/in-defense-of-inflation-and-basic-income

I think its doable in a pretty libertarian way, it might be a good short term solution to get people out of poverty, but I would not advocate it for long term. For long term solutions we should try a free economy.

basicincome
8 years ago by

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      ·  8 years ago 

    how can that be considered libertarian?

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        ·  8 years ago 

      Penn Gilette did a video about Libertarianism on Youtube Big Think and it's really interesting. He talks about UBI in it.

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          ·  8 years ago 

        Because it involves less government than the current monetary system. Libertarians are minarchists not anarchists, so for little government I think my implementation of the BI theory would be the best one.

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