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Basic Income Guarantee: USBIG NewsFlash Vol. 14, No. 70, Fall 2013

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Karl Widerquist
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Karl Widerquist, Jose Noguera, Yannick Vanderborght, and Jurgen De Wispelaere (eds.), August 2013. Basic Income: An Anthology of Contemporary Research, Oxford: Wiley- Blackwell

The publisher's U.S. webpage for this book is: http://www.wiley.com/WileyCDA/WileyTitle/productCd-1405158107.html

The publisher's E.U. webpage for this book is:

http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405158107.html

 

 

Guinevere Liberty Nell, Basic Income and the Free Market: Austrian Economics and the Potential for Efficient Redistribution

This book is collection of essays by economists and political scientists, each with an interest in arguments of the Austrian school of economics. The book, Basic Income and the Free Market, outlines Austrian arguments for and against the BIG. According to the publisher, it includes 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.

The collection opens a dialog between Austrian and other heterodox economists as well as between 'classical liberal,' libertarian, and left-leaning or socialist political scientists and policymakers. The authors discuss whether the BIG could offer an alternative to both laissez-faire and existing welfare systems in developed countries, which are often criticized by both advocates and critics of laissez-faire, opening a constructive dialog in policy discussion. Included in this discussion is a systematic critique of pure laissez-faire interpretations of Austrian theory, and the analysis of the addition of a BIG to pure laissez-faire in the place of existing interventionist systems. Proposals making this case form the first section, followed by rebuttals and proposals against the policy, and rejoinders.

Guinevere Liberty Nell, Basic Income and the Free Market: Austrian Economics and the Potential for Efficient Redistribution, Palgrave Macmillan, August 2013

http://us.macmillan.com/basicincomeandthefreemarket/GuinevereLibertyNell

 

 

 

 

Philippe Van Parijs, "The Universal Basic Income: Why Utopian Thinking Matters, and How Sociologists Can Contribute to It"

 

ABSTRACT: Utopian thinking consists of formulating proposals for radical reforms, justifying them on the basis of normative principles combined with the best possible scientific analysis of the root causes of the problems the proposals are meant to address, and subjecting these proposals to unindulgent critical scrutiny. Such utopian thinking is indispensable, and contributing to it is part of sociology's core business. This article illustrates these claims by considering one particular utopian proposal: an unconditional basic income paid to every member of society on an individual basis, without means test or work requirement. It summarizes the main arguments that support this proposal, mentions a number of contexts in which it is being taken seriously, and sketches a number of ways in which sociological insights and research are crucially relevant to the discussion of the economic and political sustainability of an unconditional basic income.

 

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Associate Professor at SFS-Q, Georgetown University; Philosophy
330 Whitehaven Street, N.W.
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Basic Income Guarantee: USBIG NewsFlash Vol. 14, No. 70, Fall 2013

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