Opposed: Too Dear or Too Little
Robert E. Wright () and
Aleksandra Przegalińska ()
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Robert E. Wright: American Institute for Economic Research
Aleksandra Przegalińska: Kozminski University
Chapter Chapter 8 in Debating Universal Basic Income, 2022, pp 69-77 from Palgrave Macmillan
Abstract:
Abstract Whether measured on a net or gross basis, UBI will either be too stingy to matter much or so expensive it will cause major economic disruptions. It is not clear that it is the least cost-effective way of achieving its major goals. The structure of the taxes used to pay UBI will play an important role in its economic effects. Some could hurt the poor while others could hurt innovation and economic efficiency.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-3-031-17513-8_8
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DOI: 10.1007/978-3-031-17513-8_8
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