dediguise
• 4h ago
What seems to be missing from these linked posts is how rent seeking behavior would interact with UBI. While the issue of inflation via printing or a lack thereof due to transfer payments is covered, the dynamics of what prices might change most is not addressed. Granted, elasticity is the primary driver of this, but instead of focusing on the driver of inelasticity, how might inelastic rent seekers (such as landlords) change their pricing accordingly? My main concern with UBI is that it will mostly be absorbed in this fashion rather than boosting consumer […]
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