Shades of Basic Income

NYU 70th Annual Conference on Labor (June 8-9, 2017)

Ohio State Public Law Working Paper No. 443

30 Pages Posted: 22 Feb 2018  

Clint Wallace

University of South Carolina School of Law

Ari D. Glogower

Ohio State University (OSU) - Michael E. Moritz College of Law

Date Written: December 28, 2017

Abstract

The basic income concept, at a high level of generality, has generated increasing interest among scholars, policymakers, and members of the public around the world and across the political spectrum. In practice, however, the basic income label encompasses a variety of different proposals, with different underlying policy motivations, design features, and anticipated effects. The varied motivations reflect different political ideologies and policy priorities, as well as different expectations for the future of the economy and labor market demand. While many agree that basic income could be a useful solution, there is no consensus as to the problems basic income solves. In order to systematize the policy analysis of basic income, this Essay describes the different motivations underlying different proposals. We begin this inquiry with the starkly different possibilities for the future of labor presented at this conference.

Keywords: Basic Income, Universal Basic Income

JEL Classification: K34

Suggested Citation

Wallace, Clint and Glogower, Ari D., Shades of Basic Income (December 28, 2017). NYU 70th Annual Conference on Labor (June 8-9, 2017); Ohio State Public Law Working Paper No. 443. Available at SSRN: https://ssrn.com/abstract=3122146 or http://dx.doi.org/10.2139/ssrn.3122146

Clint Wallace (Contact Author)

University of South Carolina School of Law ( email )

1525 Senate Street
Columbia, SC 29208
United States

Ari D. Glogower

Ohio State University (OSU) - Michael E. Moritz College of Law ( email )

55 West 12th Avenue
Columbus, OH 43210
United States

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