Alternative Funding Methods

Julio Andrade (), Geoff Crocker and Stewart Lansley
Additional contact information
Julio Andrade: Business Ethics Network
Geoff Crocker: Independent Researcher
Stewart Lansley: University of Bristol

Chapter Chapter 10 in The Palgrave International Handbook of Basic Income, 2019, pp 175-190 from Palgrave Macmillan

Abstract: Abstract This chapter explores three different ways of funding a Basic Income. Lansley envisages funding Basic Incomes through a citizens’ wealth fund, financed by taxes on wealth, without the need to raise taxes on earned income. The fund could pay a citizen’s dividend, and then a Basic Income. Crocker proposes that governments should create money and pay it as a Basic Income in order to fill the gap between earned income and Gross Domestic Product (GDP). No additional inflation would result if the total amount of money did not exceed GDP. Andrade finds data to be joint creations of individuals, and he proposes that Basic Incomes should be financed by digital royalties charged on data generated by individuals and understood as an ambient intellectual property.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-3-030-23614-4_10

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DOI: 10.1007/978-3-030-23614-4_10

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