And increase demand for labour by increasing consumption.
People who were previously homeless and living on handouts could end up participating in the economy significantly more.
People who were extremely miserly might spend a little more on better quality food, different forms of entertainment, or taking holidays further from home than the local park.
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A basic income would create a larger supply of labor by increasing mobility.
And increase demand for labour by increasing consumption.
People who were previously homeless and living on handouts could end up participating in the economy significantly more.
People who were extremely miserly might spend a little more on better quality food, different forms of entertainment, or taking holidays further from home than the local park.