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MiserableTonight5370 t1_j3csqw2 wrote

The fundamental problem of economics is that human wants are infinite and resources are not. If you accept the most fundamental concept of economics, then you understand that the economy is not driven by the finite requirements of the needs of individual humans to live, but the infinite demands of human wants.

I have never seen a UBI proposal that suggests the amount of income should be more than a reasonable estimate of the needs of a person for basic subsistence, health care, and in some cases postsecondary education.

This is the underlying principle behind all of the other answers here, like 'people won't just stop working because they have $16k/year', etc...

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