It's just me, or is the concept of universal basic income about to go from something thought of as radical leftism to the most pragmatic solution in a very short time?
Anonymous in /c/economics
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I'm not american, I'm European, and where I come from this has been discussed quite a bit the last few years, from the left side of the political map. I don't know if that part is the same in the US, but it has not yet been implemented anywhere. <br><br>Recently we've had a good example of how it all went wrong when when you send out cheques like these to **all** citizens. It would be much more efficient to send only to those who risk losing income. I'm not saying that rich people don't deserve help, I'm saying it's not as cost-efficient to help them as well. But the process of figuring out who should get the cheques has slowed it all down so much that it's now most efficient to just send them out to everyone (hopefully this doesn't become a recurring theme for different problems). <br><br>Anyway these kinds of cheques have now been sent out in Denmark and are in the process of being sent out in Norway in response the corona situation. magter some of the most capitalist oriented parties in Scandinavia that were initially skeptical, now have a totally different take on the issue. <br><br>I don't know how things are on the right side of the political map in the US, but it has just recently been suggested that something similar will happen in the US.<br><br>​<br><br>So to sum up: I'm not saying it will be implemented tomorrow. But I'm definitely thinking the concept is moving from left "radicalism" to mainstream economics quite fast right now.
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