Perspective on ‘A Basic Income for Everyone is Not Affordable’ – Part 2

This blog-post is a continuation to the posts Top Economist says: “Universal Basic Income is Not Affordable”Perspective on ‘A Basic Income for Everyone is Not Affordable’ – Part 1 Read them first for context. In this blog I’d like to conduct the thought experiment of playing out the assumption that a basic income can be provided to everyone unconditionally – to then see what possible problems might occur and assess: if it is affordable...

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Perspective on ‘A Basic Income for Everyone is Not Affordable’ – Part 1

In my previous post I shared an article by Belgian economist Paul De Grauwe who came to the conclusion that a basic income would only work if it were limited by giving it to those who need it, rather than providing it to everyone unconditionally.The article raised some eyebrows, but more importantly, generated cool discussion. The universal basic income concept is only one of the many basic income ideas that are suggested, discussed and promoted...

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Top Economist says: “Universal Basic Income is Not Affordable”

This is an article by Paul De Grauwe translated from Dutch. You can find the original article here: http://www.demorgen.be/opinie/een-universeel-basisinkomen-kan-nooit-van-de-grond-komen-a2166604/25mXp2/ A Universal Basic Income Will Never Happen Top economist Paul De Grauwe, professor at the London School of Economics, writes weekly about people, the world, the economy. 30 December 2014 The idea to provide everyone with a basic income exerts...

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