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On the Economics of a Universal Basic Income

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The UBI is an adequate and effective way to adjust the concept of the social market economy to the age of digitisation, globalisation and the long-term trends that go along… Click to show full abstract

The UBI is an adequate and effective way to adjust the concept of the social market economy to the age of digitisation, globalisation and the long-term trends that go along with a demographically ageing society. It is an efficient reaction to the increasing polarization between (human) capital owners and less qualified workers who must finance their lives with labour income stemming from low-paid jobs.

Keywords: income; basic income; economics; universal basic; economics universal

Journal Title: Intereconomics
Year Published: 2017

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