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I make more than $100,000 a year, but I'd gladly quit if I had a basic income that let me lay around at home all day and read library books.



And you would be replaced by someone who likes to travel to tropical beaches to sit and read books all day :)


It would reduce the supply of highly skill labour, which would reduce the amount of goods/services produced, and as a consequence, the amount of wealth the world gets to consume. You're making the 'lump of labour fallacy' in assuming that someone will just take his stop with no loss.




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