This is a continuation of the Universal Basic Income (UBI) discussion, mostly focused on the impact on entrepreneurship and personal choice of what work-related activities to pursue. (If you missed it, here’s UBI Part 1.)
As in the previous posts, I think we should pause in the face of large top-down decisions. While things can look good in theory, these large-scale changes often bring unintended consequences. How should we look at the systems we will replace? Might there be second-order effects in the case of UBI as well? What system changes will emerge?
What are some entrepreneurship-related unexpected results we could see from top-down UBI in the US? Continue reading “Universal Basic Income (Part 2)”