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 Originally Posted by wufwugy
A question I'm trying to figure out is why people don't think of economics in definable and objective terms
I was always under the impression that they do, and it's something like "Good Economics = +EV"
That's kind of the idea with UBI. You've probably heard Jordan Peterson talk about how it's illegal to enlist someone in the military if their IQ is lower than 83. Because someone of that intelligence can't be trained to do anything that isn't counter productive. So the UBI'ers will tell you that's 10% of the population, so what the fuck are you gonna do with those people? They'll say that you can't put them into the economy because it's -EV. That's the right problem to be looking at. I just think that UBI is the wrong solution.
It's wrong because giving those people money to sit on their ass and do nothing is bad for their soul. It makes things worse for all the rest of to have to live among grown up infants like that. We should make them work anyway and consider their -EV as an investment in the psychological well-being of society.
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