Jackson, W A orcid.org/0000-0001-5194-7307 (1999) Basic income and the right to work: a Keynesian approach. Journal of post keynesian economics. pp. 639-662. ISSN 0160-3477
Abstract
Among the proposals for radical reform of social policy are basic income, which would pay an unconditional cash benefit to all individuals, and the right to work, which would offer guaranteed employment arranged by the state if necessary. This paper examines the macroeconomic consequences of such reform proposals. It sets up a simple Keynesian income-expenditure model that includes basic income and the right to work as alternative methods of providing social assistance, along with the more traditional approach of paying unemployment benefits. The various schemes are compared and contrasted with regard to their implications for employment, stability, distribution, efficiency and the government budget. Potential benefits of basic income or the right to work are emphasised, despite the political obstacles to implementing them.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Keywords: | basic income,right to work,social assistance,welfare,Keynesian economics,employment |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Economics and Related Studies (York) |
Depositing User: | Pure (York) |
Date Deposited: | 13 Jun 2019 13:50 |
Last Modified: | 27 Feb 2025 00:03 |
Status: | Published |
Refereed: | Yes |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:147271 |
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