If they were fired, their net utility can go to zero. I may not think they are worth their wage, but they are still providing some marginal value. Not having a slow morphine drip of money is all that seems to keep them providing any value whatsoever.
>Worst case is they stay on and we're in the same situation we're in now
I think I disagree with this. Similar to point above, they can go from providing a marginal amount of value to justify being a net negative on the balance sheet by staying home and collecting UBI. Ideally, they will find a way to contribute to society but I’m not convinced many or most would, given anecdotal observations. I’m not taking some Randian stance here, but I can at least imagine a scenario where there are more takers than providers because it’s the easier path and we seem wired to prefer to minimize personal costs. I don’t think it’s a situation where there’s next to no downside as you suggest.
Most game theory seems to devolve when freeloading is not kept in check. With all the talk about the benefits of UBI, I hear very little about checks and balances if it doesn’t work. I’m currently in favor of it but would like to see a bit more due diligence in terms of guardrails
>Worst case is they stay on and we're in the same situation we're in now
I think I disagree with this. Similar to point above, they can go from providing a marginal amount of value to justify being a net negative on the balance sheet by staying home and collecting UBI. Ideally, they will find a way to contribute to society but I’m not convinced many or most would, given anecdotal observations. I’m not taking some Randian stance here, but I can at least imagine a scenario where there are more takers than providers because it’s the easier path and we seem wired to prefer to minimize personal costs. I don’t think it’s a situation where there’s next to no downside as you suggest.
Most game theory seems to devolve when freeloading is not kept in check. With all the talk about the benefits of UBI, I hear very little about checks and balances if it doesn’t work. I’m currently in favor of it but would like to see a bit more due diligence in terms of guardrails