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RE: Objections to Universal Basic Income
Agree but I don’t even think we could hope to teach everyone to have the same time preference. I added to my blog:
The generative essence of my objection to UBI is as I explain at the above link, that nature abhors highly ordered, top-down driven systems. Thus any such attempt to create such order will actually create more disorder. The general rule is it’s impossible to do just one thing. Thus nature will always force the free market of competing actors, and destroy any attempt to impart the same situation to all humans. Please read the above linked Quora post for a more detailed explanation, including some theoretical physics support for the concept.
I wouldn't want too much conformity with time preference either
There is a huge amount of marketing pushing people to have a low time preference, and I think maybe some education would help some people out, at least at the margins.