Canada’s record has been one of modernization and transition and corresponding job obsolescence, without job scarcity Power loom weaving in a cotton mill in Lancashire, U.K., around 1835. Shutterstock (CP) — There is now widespread anxiety over the future of work, often accompanied by calls for a basic income to protect those displaced by automation and other technological changes.
As a labour economist, I am in favour of more efficient redistributive taxation through the application of refundable tax credits, which amounts to an income-tested basic income or negative income tax.
But I am more skeptical about the spectre of a future […]
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