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Could universal basic income help reduce the risk of future economic shocks?

Graham Watson

4th May 2020

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John Harris wonders here whether the time for a Universal Basic Income has come, and how it might help create a more equal and less divisive society.

However, of course, although this sounds superficially appealing, the big question that remains is how such a scheme would be paid for, with critics suggesting that it would require far higher taxes, and that this would be inconceivable.

Advantages and Disadvantages of a Universal Basic Income (UBI)
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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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