There was a teacher that I had in school many years ago that talked at great length the logic behind why something like a universal basic income would never work. It involved him knowing at least three people that had won state lotteries.
Now, a state lottery windfall is markedly different than someone getting a universal basic income but it is effectively money that is given to someone for very little work.
Anyway, these lottery winners ere all somewhere in between two to ten million dollars and he said that all of them, every last one within a year or […]
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