3min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

Biden's New Tax Plan, Algorithmic Pricing, and Noah's Media Diet

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Debating Income Taxes, Egalitarian Society, and Wage Subsidies

Exploring the effects of raising income taxes on motivation to work and advocating for higher taxes to fund societal needs, emphasizing the importance of leadership and societal equality. Discussion shifts to a progressive wage subsidy as an alternative to UBI, emphasizing the psychological value of work and existing wage subsidy programs.

00:00

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