Universal Basic Income – Empty Dreams of Paradise

The wealth of a society is created by allowing people to do what they do best. Achieving optimal resource allocation is one of the greatest challenges of every society. A UBI therefore offers the wrong incentives and tends to promote collective poverty, not only materially but also subjectively.

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Bibliographic Details
Published in:Inter economics 2017-03, Vol.52 (2), p.83-87
Main Author: Schneider, Hilmar
Format: Article
Language:English
Subjects:
Basic income
Economic Policy
Economic theory
Economics
Economics and Finance
European Integration
Forum
Incentives
Income maintenance programs
International
Labor Economics
Net income
Personal income
Poverty
Referendums
Resource allocation
Social Policy
Studies
Tax increases
Wealth
Welfare
Working hours
Citations: Items that cite this one
Online Access:Get full text
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Description
Summary:The wealth of a society is created by allowing people to do what they do best. Achieving optimal resource allocation is one of the greatest challenges of every society. A UBI therefore offers the wrong incentives and tends to promote collective poverty, not only materially but also subjectively.
ISSN:1613-964X
0020-5346
1613-964X
DOI:10.1007/s10272-017-0651-1