Martin Ravallion has put together several arguments against ‘straw men’ used to criticise Basic Income (he calls it BIG, for Basic Income Guarantee). The points he particularly tackles are assertions that BIG is too expensive
There are better ways to eliminate poverty
Targeting is good enough A BIG would destroy work incentives BIG diverts attention from health and education. Most of his arguments are good ones. Expense is a matter of how we choose to organise ourselves; targeting doesn’t work; Basic Income is neutral about work incentives. However, not all the arguments are as strong.The first problem is his […]
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