Basic income and the free market

Basic income and the free market Austrian economics and the potential for efficient redistribution / [electronic resource] : edited by Guinevere Liberty Nell - New York : Palgrave Macmillan, 2013 - 1 online resource

This book confronts the Basic Income Guarantee (BIG) concept. It outlines Austrian arguments for and against the BIG; critiques of Austrian theory from market-socialist and post-Keynesian perspectives that lead to defense of the BIG; critiques of BIG that consider Austrian and other heterodox theory; comparisons of the policy to proposals by others, such as Milton Friedman's negative income tax; pragmatic arguments for the policy; and proposals which discuss complex systems theory (which is embraced by 'left' and 'right' thinkers alike) and its relationship to Hayek's spontaneous order.

9781137263582


Austrian school of economics
Free enterprise
Guaranteed annual income

331.236 / NEL

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