A review on basic income: A radical proposal for a free society and a sane economy by Philippe van Parijs and Yannick Vanderborght

Identifier:  imarina:5874196

Handle: https://hdl.handle.net/20.500.11797/imarina5874196

Authors:  Calsamiglia C; Flamand S

Abstract:
© 2019 American Economic Association. All rights reserved. In order to clarify the potential impact of a basic income, we argue that any discussion on whether to adopt a basic income policy should be framed within the greater context of the transfer system as a whole. In particular, such discussion should consider separately the issues of (i) the desired income distribution to be achieved and (ii) the most efficient way of achieving it through a transfer system. Further, we stress the importance of the non-take-up phenomenon in current transfer systems and discuss the potential necessity of a basic income policy in the age of automation. (JEL D31, I32, I38).