An entrepreneurial culture thrives when it’s easy to try lots of new ideas. We should explore ideas like universal basic income to give everyone a cushion to try new things. There is something wrong with our system when I can make billions of dollars in 10 years while millions of students can’t afford to pay off their loans, let alone start a business.
Former finance minister of Greece, is Professor of Economics at the University of Athens
Either we are going to have a basic income that regulates this new society of ours, or we are going to have very substantial social conflicts that get far worse with xenophobia and refugees and migration and so forth.
Linguist, philosopher, cognitive scientist, historian, social critic, and political activist
It comes from the right wing originally. Milton Friedman proposed it for example. From his point of view it was part of an effort to undermine welfare state measures. But it doesn’t have to have a reactionary component. It can be interpreted as something progressive. That people have rights. In fact if you read the universal declaration of human rights, 1948, take a look at article 45. It says peo...See More
Baidu; Stanford CS faculty; founded Coursera and Google Brain
I do not believe in unconditional basic income because this just encourages people to be trapped in low skilled jobs without a meaningful path to climb up to do better work.
So rather than to pay people to “do nothing” I would rather see a new “New deal” where we pay you to study because I think that today we know how to educate people at scale and the society is pretty good at finding meaningf...See More
Economically, states already guarantee a basic salary under certain conditions, for example in cases of unemployment or extreme poverty. With universal basic income, this assistance would no longer be temporary or linked to a certain condition, and I don’t think it would be sustainable. Moreover, I don’t like the idea of a world where work is no longer a form of self-realisation for citizens. I im...See More
Yuval Noah Harari
Israeli historian and professor at the Hebrew University of Jerusalem
Paying people not to work will only increase inequality and rancor. [...] If universal basic income is aimed to improve the objective conditions of the average person in 2050, it has a fair chance of succeeding. But if it is aimed to make people subjectively more satisfied with their lot in order to prevent social discontent, it is likely to fail.
A basic income guarantee is a neo-liberal strategy for serfdom without the work ... In addition to a Job Guarantee we also demand a Services Guarantee. It is no good having a bare minimum income if the dentists and doctors and shops in your town are closed and the public transport system is deficient.
Sociologist. Professor at the Hertie School of Governance. Director of Hans Böckler Foundation
The basic income will further divide society and prevent social mobility. Those who, due to their family background, have good prospects for interesting employment and high income will maintain their existing work ethic, engaging in school and study, and maybe taking a sabbatical or two in between. This is a good thing. However, life will become more difficult for young people from parts of societ...See More
Professor of Economics at U. Missouri–Kansas City, Senior Scholar at Levy Economics Institute
I do not support sending a BIG check to everyone. It is a devaluation of the currency, as prices rise so that the BIG payment essentially becomes the entry price to the marketplace. So we will need to target the BIG to those who do not (or cannot) work. Yes there’s some stigma. But, first we implement Employer of Last Resort so that anyone who is ready and willing to work has a job in the Job Gua...See More