2min chapter

The Bayesian Conspiracy cover image

88 – UBI and Other Forms of (Evil?) Taxes

The Bayesian Conspiracy

CHAPTER

The Pros and Cons of UBI

I actually think that UBI is kind of the idealistic version of what I would like in negative income taxes. You can't just make money up. It's called inflation and like I said, it's bad for complicated reasons. So then the issue is how do you get the money and the money to send to the middle income people? And is that worse than the benefit you get from them having more spending money? That depends on how the on how the funding mechanism is structured. But generally speaking, or I at least have a very strong prior that whatever the government taxes is probably going to end up being worse than what the money would have been spent on anywayfrom a welfare perspective.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode