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The entire concept of a scientific study to determine whether people spend this money wisely is bunk, because it’s nobody else’s business how a person’s money gets spent and whether it’s categorized as “wise”.
If we assume that there is an objective, ie scientifically valid, definition of “wise spending”, then we should just go centrally planned communism because the whole point of free markets is allowing people to enact their own value structure in their spending.
The whole idea of basic income, as opposed to all these other services, is based on the same idea: that people’s money is their own.
This study seems nice, but it frames this whole question the wrong way. The whole concept of money is that people have a right to make their own economic choices, regardless of what some centralized authority thinks is “wise”.
That's not true. There is a wise spending. Or to be more correct there is a foolish spending. Gambling your money away for example is f* stupid.
The point is that the government really shouldn't have any say in which is which. I agree with you that gambling all your money away is a poor financial choice, but that doesn't mean that I think we should ban gambling, because many people enjoy it responsibly. Teaching people financial literacy, and treating addictions is the solution, not policing how people use their UBI.
More like because it’s an adult human’s right to be free. That is the point. Responsibly, irresponsibly, these are secondary concepts.
I agree with you, except that we should ban gambling.
If it's government given money, that's somebody's tax dollars and the government absolutely should have a say, because the people giving that money should have a say.
The issue is it costs money for the Government to have a say and 99% of the time it's not needed.
If you just get rid of the Government overhead to make sure people are "spending it wisely," the money lost by the 1% who spend it foolishly will be far less than the money saved by getting rid of all the administration.
(Response is here: https://social.packetloss.gg/comment/1528226)
Why attack the people for their spending on vices when you could just outlaw the vices. If you care so much about people's morals, then the government should just outlaw alcohol, gambling and anything else deemed an ill use of this money. It's the exact same thing, except you only want the government to police people who you think don't deserve freedom because you consider them lesser.
When you take someone else's money, you should have a good reason for doing so. Money is an exchange of labor, straight up. You're not entitled to anyone else's labor without qualification.
Social benefit programs are just that, programs for the social benefit.
People are allowed to have vices, but irresponsibly spending other people's money is not okay, just like breaking/trashing other people's stuff (and thus spending their time and money) is not okay.
This is a basic part of the social contract.
Nope. The nature of money is that when you transfer it to someone else’s, it is now their money. It’s no longer your money. It’s their money.
No that's not how it works. It is extremely common for government issued money to come with stipulations on how it can be spent.
now let's say you heavily tax gambling at a state level. Suddenly you get more tax kickback from that UBI even though nothing particularly effective was done with it.
I mean, theoretically, gambling itself, as a tax revenue source is actually pretty good. It's money going to a good cause, even though technically wasted.