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Exchange, production, and Samaritan dilemmas

Author

Listed:
  • 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
    as

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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. 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(04), pages 999-1001, December.
    2. 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.
    3. Murray Charles, 2008. "Guaranteed Income as a Replacement for the Welfare State," Basic Income Studies, De Gruyter, vol. 3(2), pages 1-12, November.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Basic Income Policy; Comparative Political Economy; Redistribution;

    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 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism

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