FINANCIAL TIMES: Universal basic services are more important than income

  • Diane Coyle

Press/Media: Expert comment

Description

Once in a generation, an automation scare triggers a bout of enthusiasm for a universal basic income — a payment made to all citizens regardless of work, wealth or their social contribution. Today’s discussion of the merits of UBI echoes similar debates in the 1960s and 1990s. But the appeal of this palliative for the replacement of humans by machines is misplaced.

Period4 Apr 2017

Media coverage

1

Media coverage

  • TitleUniversal basic services are more important than income
    Media name/outletFinancial Times
    Media typeWeb
    Country/TerritoryUnited Kingdom
    Date4/04/17
    DescriptionOnce in a generation, an automation scare triggers a bout of enthusiasm for a universal basic income — a payment made to all citizens regardless of work, wealth or their social contribution. Today’s discussion of the merits of UBI echoes similar debates in the 1960s and 1990s. But the appeal of this palliative for the replacement of humans by machines is misplaced.
    URLhttps://www.ft.com/content/734e8fe6-1880-11e7-9c35-0dd2cb31823a
    PersonsDiane Coyle
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Keywords

  • basic income
  • benefits
  • economics