alt Hacker NewsWe shouldn’t expect markets to solve all problems. That’s why there are public institutions and government regulations, to take care of the issues that the markets can’t. That the room only exists due to public grants isn’t a flaw, it’s what a functioning society should be doing. What the economy should do is provide the financing for such programs through taxes.
The author’s argument is that it is sort of flawed to fund it through a grant (top down decision making) rather than funding a UBI and allowing people to create third spaces as needed (emergent, bottom up decision making). I think he’s right that the former is liable to be missing a lot of local knowledge in the Hayekian sense, though I’m not sure a UBI would necessarily result in more third spaces per se.