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Exchange, production, and Samaritan dilemmas

Peter Boettke

MPRA Paper from University Library of Munich, Germany

Abstract: Supporters of basic income theories have an admirable goal. However, applying the economic way of thinking to the problem, we see that, while the goal is certainly laudable, the attempt to achieve that goal can lead to disastrous results stemming from knowledge and incentive problems faced by administrators. This paper examines often unexamined problems with implementing a Basic Income Policy.

Keywords: Basic Income Policy; Comparative Political Economy; Redistribution (search for similar items in EconPapers)
JEL-codes: B53 H23 H24 P16 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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