Sunday, 24 April 2016

Adam Smith Institute: A neoliberal case for a basic income, or something like it

Adam Smith Institute: A neoliberal case for a basic income, or something like it

I’m a capitalist, neoliberal advocate of a basic income, or something like it. I don’t think it’s perfect, I don’t think it will solve every problem. I just think it would be an improvement, for three main reasons:

1. It addresses in-work poverty well.
2. It reduces complexity in the welfare system.
3. It facilitates other reforms that would raise overall living standards.


Being a neoliberal capitalist does not mean you have to be against social security. As the article points out, there are potentially big difficulties with a basic income, but it still has a lot of merit.

No comments:

Post a Comment