Why I Will Never Hire Anyone, Even at $1/Hour

The author does make many compelling points. I almost want to buy the book he was pushing now.

This post leads to the popular idea of a basic income guarantee. I'm against it on principle, but practically, we can't let large numbers of people become homeless and stave. Very tough problem...

The problem at the core of the issue might be that whenever something is bought (be it labour or products) not _all_ its costs are considered. Usually only the cost on the "price tag" is recognized but follow-up costs are ignored.

Another example is the cost of storing atomic waste. If those costs would be added to the equation I am not sure if it would be profitable anymore.