Will the basic income be paid in addition to standard gov't subsidies?
If yes, how do you make up for the shortfall of money? "Taxing the rich" is nice in theory but IMHO it doesn't work right now, what are you going to do to change that?
If no, it might be worth it, if you also fire the bureaucrats currently working on gov't subsidies (freeing up the money thereby) But I don't see how your study will account for this, nor do I think this is feasible because gov't tends to increase in size and has no incentive to decrease. Other beneificial aspects would be decreasing the size of the code of law and forcing "social security lawyers" to specialize in something else, reducing costs of all other lawyers. Again, it will be hard to put it in practice and difficult to account for in your study.
I suppose you also have already read some literature on the topic. From my personal viewpoint I'd recommend "Economics in one Lesson" by Hazlitt [0], it's decidedly non-mainstream and I wonder if it's taught at all in universities today but the only economic theory based on game theory (although not explicitly) and fully consistent IMHO.
I also believe that funding a multi-agent simulation is probably cheaper for a few economic models (I'd volunteer here)
Finally, I see some business value here, namely studying whether it would make sense to fund persons instead of start-ups, as e.g. Entrepreneur First does [1] (I have no affiliation)
Will the basic income be paid in addition to standard gov't subsidies?
If yes, how do you make up for the shortfall of money? "Taxing the rich" is nice in theory but IMHO it doesn't work right now, what are you going to do to change that?
If no, it might be worth it, if you also fire the bureaucrats currently working on gov't subsidies (freeing up the money thereby) But I don't see how your study will account for this, nor do I think this is feasible because gov't tends to increase in size and has no incentive to decrease. Other beneificial aspects would be decreasing the size of the code of law and forcing "social security lawyers" to specialize in something else, reducing costs of all other lawyers. Again, it will be hard to put it in practice and difficult to account for in your study.
I suppose you also have already read some literature on the topic. From my personal viewpoint I'd recommend "Economics in one Lesson" by Hazlitt [0], it's decidedly non-mainstream and I wonder if it's taught at all in universities today but the only economic theory based on game theory (although not explicitly) and fully consistent IMHO.
I also believe that funding a multi-agent simulation is probably cheaper for a few economic models (I'd volunteer here)
Finally, I see some business value here, namely studying whether it would make sense to fund persons instead of start-ups, as e.g. Entrepreneur First does [1] (I have no affiliation)
[0] http://www.hacer.org/pdf/Hazlitt00.pdf [1] http://www.joinef.com/