A Little Less Than BIG: A Pragmatic Perspective on Remedying Injustice

Laurent Dobuzinskis

Chapter Chapter 7 in Basic Income and the Free Market, 2013, pp 143-173 from Palgrave Macmillan

Abstract: Abstract Should a basic income be made available to all (if by “all” one means all citizens or possibly even all legal residents in a country)? And, if so, what sort of plan or program would best reflect such an idea? In particular, is the unconditional and universal Basic Income Guarantee (BIG) proposed by the US Basic Income Guarantee (USBIG) Network the optimal answer? This chapter is more concerned with the latter two questions than with the issue of the desirability of a basic income but that issue cannot be ignored. In searching for answers to these questions, I turn to several bodies of literature in economics and philosophy that either unreservedly accept or, at least, are prepared to give some weight to the tenets of classical liberalism—Austrian economics obviously fits that definition and is a constant point of reference throughout the rest of this chapter.

Keywords: Public Choice; Welfare State; Economic Freedom; Austrian Economist; Liberal Democracy (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-1-137-31593-9_8

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DOI: 10.1057/9781137315939_8

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