The problem with @AndrewYang@twitter.com:
He diagnoses part of our major economic problems really well.
He addresses it with "let's increase income and **MAGIC HAPPENS!**"
If you're going to upend economic design, you MUST address social adaptation at the same time.
@AndrewYang@twitter.com Sure, UBI is a concept that has worked at smaller scale. I'm not inherently against it.
But you can't propose this and assume that the next-level recipients (retail, housing, utilities) won't jack up prices to consume the new income. They will do it if they can get away with it.
Generalistic and moderated instance.