by Summary:
Free is good. Karl Widerquist specializes in basic income. The MMT position on basic income is that it should be in addition to a universal job guarantee since they address fundamentally different issues. Moreover, basic income should be means-tested rather than universal, which MMT economists argue is inflationary instead of stabilizing as purported. Since this is shaping up as a policy debate going forward as fiscal rises relative to monetary policy, it is useful to know both sides firsthand if one wishes to participate in the debate as an informed party. I personally favor a social dividend chiefly in the form of federally funded fiscal support of a welfare-based society as opposed to a market-based one. This would involve provision of infrastructure, services and a strong
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Mike Norman considers the following as important: basic income, Karl Widerquist
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Free is good. Karl Widerquist specializes in basic income. The MMT position on basic income is that it should be in addition to a universal job guarantee since they address fundamentally different issues. Moreover, basic income should be means-tested rather than universal, which MMT economists argue is inflationary instead of stabilizing as purported. Since this is shaping up as a policy debate going forward as fiscal rises relative to monetary policy, it is useful to know both sides firsthand if one wishes to participate in the debate as an informed party. I personally favor a social dividend chiefly in the form of federally funded fiscal support of a welfare-based society as opposed to a market-based one. This would involve provision of infrastructure, services and a strong
Topics:
Mike Norman considers the following as important: basic income, Karl Widerquist
This could be interesting, too:
Michael Stephens writes Podcast on Gender Budgeting
Michael Stephens writes Podcast on Gender Budgeting
Frances Coppola writes An Experiment with Basic Income
Mike Norman writes RT — Free cheese for Swiss? Hundreds sign up to get ,500 a month under basic income trial
Free is good.
The MMT position on basic income is that it should be in addition to a universal job guarantee since they address fundamentally different issues. Moreover, basic income should be means-tested rather than universal, which MMT economists argue is inflationary instead of stabilizing as purported.
Since this is shaping up as a policy debate going forward as fiscal rises relative to monetary policy, it is useful to know both sides firsthand if one wishes to participate in the debate as an informed party.
I personally favor a social dividend chiefly in the form of federally funded fiscal support of a welfare-based society as opposed to a market-based one. This would involve provision of infrastructure, services and a strong safety net, characteristic of social democracy. The overall goal is more evenly distributed leisure and opportunity owing to the productivity gains from technology as a social phenomenon whose causes are not limited to invention and implementation. Part of this predistribution would have to include reducing negative externality for sustainability and elimination of rent-extraction for economic efficiency.
Bien
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