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  • Television is so glamorous... sorry, I shouldn't have talked.

  • One of the most persuasive arguments against a universal basic income is the people will stop working.

  • They'll take the universal basic income, they'll pool it and they will simply

  • live in idle life.

  • It's a serious issue and I had to take that into account in the design of the

  • program. And the solution that I came up with is pretty straightforward. As long

  • as people have a job that pays less than thirty thousand dollars a year, they

  • continue to get the full ten thousand dollars.

  • Now there is a certain tax that is levied on after thirty thousand dollars

  • a year, but at that point you have to ask yourself are you going to quit work and

  • exchange a forty thousand dollar a year lifestyle for a ten-thousand-dollar a year

  • lifestyle? People to live satisfying lives need to be responsible for their

  • own lives.

  • There's much more to be said about the problem of work disincentives, but a

  • program of a universal basic income can be structured so the people are lured

  • into working until they can't afford to quit.

Television is so glamorous... sorry, I shouldn't have talked.

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