The normative dynamic properties of UBI

While a majority of adults (primarily older non-college workers) would vote in favor of introducing UBI, all future generations (operating behind the veil of ignorance) would prefer to live in an economy without UBI. The expense of the latter leads to lower skill formation and education, requiring even higher tax rates over time.

Here is much more from Diego Daruich and Raquel Fernández.

Comments

Comments for this post are closed