Opposed: The Centralized Control Conceit

Robert E. Wright () and Aleksandra Przegalińska ()
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Robert E. Wright: American Institute for Economic Research
Aleksandra Przegalińska: Kozminski University

Chapter Chapter 7 in Debating Universal Basic Income, 2022, pp 63-68 from Palgrave Macmillan

Abstract: Abstract Climate change might be occurring, but it is not a threat to human beings, let alone the planet. Like AI, it has been hyped to sell product. Even if it is real, and an existential threat, however, does not mean that top-down government plans, like UBI and carbon taxes, can do anything to slow it. Planners do not have enough of the right type of information at the right time to be able to move natural systems, like the earth’s climate or the economy, into channels of their own choosing. The environmental Kuznets curve is real, so the way to improve the environment is through economic growth.

Date: 2022
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DOI: 10.1007/978-3-031-17513-8_7

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