FRANCE: Piketty’s comments on basic income cause confusion

FRANCE: Piketty’s comments on basic income cause confusion

Renowned French economist Thomas Piketty, best known for his 2013 book Capital in the Twenty-First Century , has been making headlines for his positive comments regarding basic income in a number of blog posts. However, the approach he proposes is not basic income as it is commonly understood.

In a blog post published on 13 December, Basic income or fair wage? , Piketty states that while he’s pleased to see such consensus across the political spectrum on the idea of a minimum income within France, discussions of a basic income and its specific level are not radical enough – […]

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