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A Review on Basic Income: A Radical Proposal for a Free Society and a Sane Economy by Philippe Van Parijs and Yannick Vanderborght

Caterina Calsamiglia¹; Sabine Flamand²

¹ Catalan Institution for Research and Advanced Studies (ICREA) at the Institute of Political Economy and Governance. · ² Serra Húnter, Universitat Rovira i Virgili and the Research Centre on Industrial and Public Economics (CREIP).

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)

DOI

10.1257/jel.20181476

Volume

57 (3)

Pages

644-658

Language

en

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BibTeX

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