From: Michael Edelstein
Sent: Saturday, October 10, 2020 3:11 PM
To: Bob Wenzel ; Walter E. Block <[email protected]>
Subject: MMT Question
Gents,
What is the standard MMT response to: “Give everyone a UBI of $100,000?”
Michael
Dear Michael:
I think the MMT response would be, fine; create enough money to do that.
Here are my views on the UBI:
Iglesias, David and Walter E. Block. 2019. “Universal Basic Income: A Critique.” Romanian Economic and Business Review; Fall, Vol. 14, No. 3, pp. 7-18; http://www.rebe.rau.ro/REBE-FA19.pdf
Best regards,
Walter
4:43 am on March 22, 2021