Assume you are the Chief of an island country that has enjoyed prosperity because of its citizens’
expertise as master weavers, a skill handed down from generation to generation. A breakthrough in
digital innovation on the mainland has suddenly taken away the livelihood of most of your citizens,
replaced by robots. The citizens are obviously distressed about unemployment, potential homelessness as
people can no longer afford rent or mortgage, and scarcity of resources in general. Assume that that
moving off the island is not an option and re-training for other well-paying jobs will take years.
As Chief, how do you plan to address basic economic issues such as income (UBI or some other system),
allocation of resources, and property rights? What parts of the economy should be centrally controlled by
the government, and what social goal are you aiming for as you make your choices?