Claire Connelly — Why a universal basic income is a poor substitute for a guaranteed job

Bill Mitchell, Pavlina Tschernva, Fadhel Kaboub, Steven Hail, Ellis Winningham.

Buffer stock of employed versus a buffer stock of unemployed.

Bill Mitchell:

Article on Job Guarantee versus Basic Income Guarantee

The ABC published an article that I had some input into today – Why a universal basic income is a poor substitute for a guaranteed job – by Claire Connelly, a freelance journalist in Australia.

It generally makes all the relevant points and is worth reading and spreading.

ABC (Australia) — Opinion
Why a universal basic income is a poor substitute for a guaranteed job
Claire Connelly

ht Bill Mitchell at billyblog