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Exchange, production, and Samaritan dilemmas

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  • Boettke, Peter

Abstract

Supporters of basic income theories have an admirable goal. However, applying the economic way of thinking to the problem, we see that, while the goal is certainly laudable, the attempt to achieve that goal can lead to disastrous results stemming from knowledge and incentive problems faced by administrators. This paper examines often unexamined problems with implementing a Basic Income Policy.

Suggested Citation

  • Boettke, Peter, 2010. "Exchange, production, and Samaritan dilemmas," MPRA Paper 33199, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:33199
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    File URL: https://mpra.ub.uni-muenchen.de/33199/1/MPRA_paper_33199.pdf
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    References listed on IDEAS

    as
    1. North,Douglass C., 1991. "Institutions, Institutional Change and Economic Performance," Cambridge Books, Cambridge University Press, number 9780521394161.
    2. Douglass C. North, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter.
    3. Field, Alexander J., 1991. "Institutions, Institutional Change and Economic Performance. By Douglass C. North. Cambridge: Cambridge University Press, 1990. Pp. viii, 152. $32.50, cloth; $10.95, paper," The Journal of Economic History, Cambridge University Press, vol. 51(4), pages 999-1001, December.
    4. Price V. Fishback, 2010. "Social Welfare Expenditures in the United States and the Nordic Countries: 1900-2003," NBER Working Papers 15982, National Bureau of Economic Research, Inc.
    5. James M. Buchanan, 2008. "Constitutional Political Economy," Springer Books, in: Readings in Public Choice and Constitutional Political Economy, chapter 17, pages 281-293, Springer.
    6. Murray Charles, 2008. "Guaranteed Income as a Replacement for the Welfare State," Basic Income Studies, De Gruyter, vol. 3(2), pages 1-12, November.
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    Cited by:

    1. Dughera, Stefano & Marciano, Alain, 2022. "Altruism and Strategic Courage. Inside Buchanan's Samaritan's Dilemma," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202201, University of Turin.
    2. Alain Marciano, 2022. "Sado-Masochism in Buchanan's Samaritan's Dilemma. A Constitutional Perspective," Post-Print hal-03683854, HAL.
    3. Alain Marciano, 2023. "The Political Economy of Buchanan's Samaritan's Dilemma," Springer Books, in: Martin A. Leroch & Florian Rupp (ed.), Power and Responsibility, pages 345-357, Springer.
    4. Stefano Dughera & Alain Marciano, 2020. "Altruism, predation and the Samaritan's dilemma," Working Papers hal-02550432, HAL.

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    More about this item

    Keywords

    Basic Income Policy; Comparative Political Economy; Redistribution;
    All these keywords.

    JEL classification:

    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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