‘A basic income for all as a share of the country’s gross national income will empower weak groups and enhance Productivity, say Kalle Moene and Debraj Ray. Credit: Ola Sæther Inequalities are increasing globally. Millions of people work for an income that does not provide them with a living, and welfare states and trade unions are under pressure. A basic wage that increases in line with economic progress can reverse this development, according to two leading economists.
A guaranteed minimum income such as the citizen’s wage provides security for all. Might it be possible to design schemes in such a […]
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