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An Efficiency Argument for the Guaranteed Income

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  • Karl Widerquist
  • Michael A. Lewis

Abstract

This paper uses what could be called a multi-school approach to poverty policy, asking the following question: Given the many proposed causes for poverty, and the conflicting theories about how potential solutions would work, what conclusions can we draw about policy? This paper concludes that the Guaranteed Income is the most efficient and comprehensive policy to address poverty.

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File URL: http://www.levyinstitute.org/pubs/wp212.pdf
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Bibliographic Info

Paper provided by Levy Economics Institute in its series Economics Working Paper Archive with number wp_212.

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Date of creation: Nov 1997
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Handle: RePEc:lev:wrkpap:wp_212

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Web page: http://www.levyinstitute.org

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References

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  1. William J. Baumol & Edward N. Wolff, 1998. "Protacted Frictional Unemployment as a Heavy Cost of Technical Progress," Macroeconomics 9803001, EconWPA.
  2. Marlene Kim, 1997. "The Working Poor: Lousy Jobs or Lazy Workers?," Economics Working Paper Archive wp_194, Levy Economics Institute.
  3. J. MUYSKENS & C. de Neubourg, 1986. "Introduction," Discussion Papers (REL - Recherches Economiques de Louvain) 1986031, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  4. Marlene Kim, 1997. "The Working Poor: Lousy Jobs or Lazy Workers?," Macroeconomics 9712002, EconWPA.
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Cited by:
  1. Karl Widerquist, 1998. "Reciprocity and the Guaranteed Income," Macroeconomics 9808009, EconWPA.
  2. Murray, Michael, 2013. "Economic Democracy," MPRA Paper 49755, University Library of Munich, Germany.

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