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Any pointers to similar courses much appreciated!
[1] cs.au.dk/~amoeller/spa
I'm most familiar with domain theory from Winskel's "Formal Semantics of Programming Languages" (great book, cited as Win93 in the linked PDF), which has a whole chapter on the subject with no reference to category theory.
If you get deeper into domain theory (e.g. by working through this book) surely some category theory will be useful, but it's not a foundational prereq.
I'm not on here to argue with people and it seems you have some sort of ideological bone to pick, so this is going to be my last reply. All the best
It just seems obvious to me that if you increase everyone's income by $10, price of goods will go up by $10.
> The crux of the "UBI doesn't cause spiraling inflation" argument is that UBI accounts for a sufficiently small fraction of total incomes that its benefit (greater spending power for lower incomes, and the downstream economic benefits of that spending) outweighs its nonzero but noncrippling inflationary effect.
How could you have greater spending power if we agree that UBI's inflationary effect is proportional to its amount. The moment you give the money out, the spending power goes down.
In my view, this will just lead to the rich getting richer, because companies end up providing the services people will pay money for, and these profits go into the pockets of the rich, who don't really need the money for life necessities, so instead use it as capital.
The poor are no better off and are incentivized to spend the money because of inflationary effects (saving the money results in it having less spending power when they want to sell it), while the rich have no incentive to spend the money since they're already wealthy.
> That is, though the $10 cash benefit you describe may of course increase COL, it does so by some amount between $0 and $10 that is influenced by all sorts of factors you're glossing over.
Can you identify, name, and explain those factors. You accuse me of 'glossing over' some factors in my 'simple' explanation, while you yourself do not identify any of the factors that supposedly would not cause COL to increase.
If you base UBI on cost of living, and cost of living depends on UBI, then you find yourself in a feedback loop. My use of turing complete was not really accurate, but it was the context my mind was in when writing this comment.
I make mistakes and sometimes speak unclearly. No need to be pedantic.
The main flaw, to me, is the 1:1 correspondence you draw between the magnitude of UBI-style benefits and cost of living. That may be true (at least under some simplified/idealized econ101 assumptions) if UBI was the sole source of money in the economy, but that's obviously not the case. The crux of the "UBI doesn't cause spiraling inflation" argument is that UBI accounts for a sufficiently small fraction of total incomes that its benefit (greater spending power for lower incomes, and the downstream economic benefits of that spending) outweighs its nonzero but noncrippling inflationary effect.
That is, though the $10 cash benefit you describe may of course increase COL, it does so by some amount between $0 and $10 that is influenced by all sorts of factors you're glossing over.
To an audience that _does_ speak theoretical CS, your sprinkling in of its terminology weakens whatever point you're trying to make and comes off instead as silly and pretentious.
Is there a site that gives free access to these research papers?