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NancyLebovitz comments on Open Thread, May 19 - 25, 2014 - Less Wrong Discussion

2 Post author: somnicule 19 May 2014 04:49AM

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Comment author: NancyLebovitz 20 May 2014 04:03:55PM 5 points [-]

If a government produces goods, the results tend to be low quality (education may be an exception in some places).

The cost of a guaranteed minimum income may not be quite as high as you think-- it would replace a lot of more complicated government support. Also, it might be possible to build in some social rewards for not taking it if you don't need it.

Comment author: Stefan_Schubert 21 May 2014 10:34:34AM 0 points [-]

The government wouldn't have to produce the low-standard/cheap goods and services. They could be produced by private companies. My point is just that the government would subsidize them (possibly to the point where they become free).