Here’s my quick-fast-and-dirty (and probably incorrect) economics 101 analysis of Sean’s proposal to subsidize the demand-side of the staples-of-life for all society, and remove the supply-side subsidies.
I know I must be missing something, but until I can find out what that is, this policy would likely not achieve its goals, in my opinion.
See analysis here.Controlled UBI analysis – Supply and Demand Curves – Price and Quantity
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