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> disincentivizes the desperate from becoming innovative

People who are desperate are generally quite incentivized. They want to get out of their current situation. Being innovative does not require someone to be desperate.

Only circumstance? How about when people are looking to live a basic human existence but are unable to find a job?

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I think it’s way more likely that being desperate prevents you from innovating. That’s why people support the UBI…

Desperate people get myopic and risk averse. Stress focuses you on the next step at the expense of the long view. If escaping your pattern requires a longer term plan you are stuck. You might not even see the loop you are in anyway.

Isn’t that literally the poverty trap?

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