Via our friends at Club Troppo , David Walker has been exploring the arguments and merits of universal basic income amid the Greens proposal. He argues it’s not enough to merely dismiss the idea, rather it must be stomped on early.

In my latest column for The CEO Magazine I take aim at the idea of universal basic income (UBI). The column uses the insights of the always terrific Peter Whiteford, of the ANU’s Crawford School, and Troppo’s own Don Arthur, who has written a terrific backgrounder on the issue for the Parliamentary Library.

Bottom line: the UBI idea has […]

Full Post at www.themandarin.com.au

Actual picture of the Universal Basic Income idea

In my latest column for The CEO Magazine I take aim at the idea of universal basic income (UBI), using the insights of the always terrific Peter Whiteford and Troppo’s own Don Arthur, who has written a terrific backgrounder on the issue.

Bottom line: the UBI idea has terrible bang for buck . It is, in H.L. Mencken’s words, “neat, plausible and wrong”.Now, it’s generally way too easy to stomp on a dodgy idea. I try to spend most of my columns on what I reckon are good ideas, like independent fiscal councils […]

Full Post at www.blogotariat.com