Nick Pearce

Basic Income – An Idea Whose Time Has Come?

with Torsten Bell, Louise Haagh, Anthony Painter, Nick Pearce and Jonathan Derbyshire (Chair)

Economics/
Thu 17 November 2016

Basic Income – An Idea Whose Time Has Come?

with Torsten Bell, Louise Haagh, Anthony Painter, Nick Pearce and Jonathan Derbyshire (Chair)

Nick Pearce
Thu 17 November 2016,

Should the government give everybody in the country a minimum income, regardless of their circumstances?

Advocates of a basic income argue that it would be a simple way to increase low incomes and, in contrast to current benefit systems, would not penalise people by withdrawing payments when they get work. They also argue it would also help society adjust to the effect of automation on jobs and allow people to be more creative and pursue interests. Critics say a basic income would be unaffordable at any meaningful level, could only take place with massive tax increases and argue it would undermine some people’s incentive to find work.

There are now basic income pilots under way in a number of cities and countries, after many decades of theoretical argument. Is this an idea whose time has come?

Photo: Nick Pearce, Institute for Policy Research, Bath Univeristy.

In association with

Bath University IPR 2016 logo

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