Really? Well, then you should understand that the feedback loop I described alone is enough to make BI unsustainable, and thus not worth pursuing. But it doesn't seem you do. There's another feedback loop too: the more people are just sitting at home, the more will want to join them, and so on.

From another comment of yours: >> Do you think that wealth redistribution is wrong?

Do you think it's wrong for a mafia to extort money from you? -Yes? Well then, do you think it's wrong for the government to do the exact same thing?

You see, you'd pay "protection money" under threat of violence, but you also pay taxes under threat of violence. Spare yourself the mental gymnastics here. Forcefully dragging you to jail or just plain shooting you if you resist does actually count as violence.

Where do you think the "wealth" to be "redistributed" comes from? -Why from extortion, of course. Would a mafia's extortion be perfectly fine as long as they used your money "efficiently"? Heck, their spending of your money increases aggregate demand, so all is well!

>> There are many arguments suggesting that zero wealth redistribution is not the optimum. >> I'm convinced that wealth redistribution leads to higher aggregate utility. Whether it leads to higher nominal growth, I don't know.

You throw around these terms as if they meant something here in the real world, let alone after acquiring the wealth to be distributed through blatantly immoral means. What makes zero redistribution of stolen loot "not optimal"? I'd say it's actually precisely the optimum.

"Higher aggregate utility", "aggregate demand"? -Well there's Keynes again. False voodoo economics meant to justify/rationalize State spending and taking on ever more massive debt loads until, of course, eventually the nation's extortion income is wholly consumed in paying interest and the house of cards falls down.

Does an economy imploding help the poor? Does currency debasement and inflation (ie. loss of purchasing power) help the poor? Why no, no they don't. Quite the contrary, but those two are what governments are causing with massive printing and borrowing and using money they don't actually have.