Wow, you really think you know a lot of things you don't actually know. Okay, so you've never read that Milton Friedman supported UBI. Does that mean he didn't? Or does it mean you just haven't read where he did? Because guess what, he did, and here's what he said when he was specifically asked about UBI:
“A basic or citizen’s income is not an alternative to a negative income tax. It is simply another way to introduce a negative income tax if it is accompanied with a positive income tax with no exemption. A basic income of a thousand units with a 20 percent rate on earned income is equivalent to a negative income tax with an exemption of five thousand units and a 20 percent rate below and above five thousand units.”
So now that you know that, how does it impact your thinking? Milton was right. UBI and NIT are indeed two ways of accomplishing the same thing, and if you read the hyperlink above, you'll better understand that.
You also show that you don't understand what's going on in Alaska. What happens when the oil runs out? The dividends keep on going. That's the entire point of setting up the Alaska Permanent Fund in the first place, which is now over $61 billion in size, to transform a non-renewable resource (oil) into a renewable resource (money). The fund is invested in markets, and the dividend it earns is divided among all Alaskan residents.
Oil is also not the only way of going about creating such a fund. There are many resources that can be used. I suggest looking into them. Here's a good paper about it if you're down for reading a paper to learn lots of new things.
You also show you don't even know what's going on in Finland. It showed mixed results? No it didn't. There ARE NO RESULTS, because the experiment is ongoing to the end of the year. There's not even any preliminary data because there's no access to it yet. Results will be known by the end of next year or early 2020.
You don't know what you think you know. You appear to like to make shit up, or to just accept as fact what others have said, without actually looking into it to verify accuracy.
By the way, your article is just as full of shit as the rest of what you've said here. The very first claim you make is that it's a simple law that if you provide people money all prices rise.
Here's just one example for you to chew on. Let's say a village has an egg scarcity, but people like eggs, so the cost is $1 per egg. Then, everyone is provided UBI. According to your "law" of economics, the cost of eggs should rise.
What happens when a bunch of people use their money to buy chickens? Suddenly, the supply of eggs skyrockets. What happens then? The cost of eggs falls of course, because eggs are now abundant instead of scarce.
Oops, there goes your "law of economics."
By the way, UBI is not about expanding the money supply and dropping new money on everyone (although some people do like that idea). The reason it and NIT are alike, is that both are a net transfer from those above a threshold point to those below a threshold point. That's not inflationary. It's moving existing money from one place to another. And although that can still have some effects on prices, there are a lot of variables involved such that some prices would go up, some down, and some wouldn't be affected at all, and all of these effects also vary by time, such that they can be observed for a matter of days or years depending on other factors.
Markets are not static models. They are complex adaptive systems.
RE: The Monsters, Inc. Argument for Unconditional Basic Income: How to convert an economy based on fear to one based on joy