MACMILLAN Basic Income and the Free Market: Austrian Economics and the Potential for Efficient Redistribution (Exploring the Basic Income Guarantee)

Discusses whether the Basic Income Guarantee could offer an alternative to both laissez-faire and existing welfare systems in developed countries - often criticized by both advocates and critics of laissez-faire - thus opening a constructive dialog in policy discussion. Review "Offers a healthy diversity of opinion and thoughtful perspectives on the philosophical underpinnings, practical aspects and constraints, and a variety of possible approaches [to a Basic Income Guarantee]. Given the increasing concern about rising income inequality in the US and abroad, the volume is certainly timely. Recommended." - CHOICE "This volume explores an important topic: what is the role, if any, of a Basic Income Guarantee in a free society? In answering this question, Basic Income and the Free Market provides a variety of perspectives and viewpoints that will be of interest to a wide range of readers, from scholars to policymakers. No matter what your ideological leanings, you will surely find something in this volume that challenges those views. I highly recommend it to anyone interested in the foundations of a free society." - Christopher J. Coyne, F.A. Harper Professor of Economics, George Mason University, USA 'A real conversation starter. Austrians will be challenged by the Basic Income Guarantee, and its advocates will be challenged by Austrian theory. Guinevere Nell has opened up a new, balanced, and promising dialog.' - David Prychitko, Professor of Economics, Northern Michigan University, USA About the Author Troy Camplin, author of Diaphysics Cameron Weber, New School for Social Research in New York, USA Daniel Kuehn, American University, USA Laurent Dobuzinskis Simon Fraser University, Canada Steve Richardson, Department of Labor's Center for Program Planning and Results Theodore A. Burczak, Denison University, USA