The new European Citizens' Initiative for Unconditional Basic Income has been launched. It will be examined by the commission if one million citizens support it, so I invite you to sign it and share it: https://eci.ec.europa.eu/014/public/#/screen/home
#EuropeanCitizensInitiative #ECI #BasicIncome #UBI #FundamentalRights #EuropeanUnion #EU
Jeff Allen
I understand what #UBI is as a *concept* what I don't follow is how it would work in terms of *math*.
Can someone please explain the *working math* behind the concept?
Also, how is it expected to interact with the Laffer Curve?
Laffer curve is about taxation so these are really orthogonal concepts. There's nothing in either UBI or Laffer curve concepts that makes them mutually contradictory etc.
There's valid concern that UBI would increase inflation and/or prices, but in countries that introduced similar programs and faced similar concerns this did not happen.
