Exchange, production, and Samaritan dilemmas

Boettke, Peter (2010): Exchange, production, and Samaritan dilemmas. Published in: Basic Income Studies

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Basic Income Policy; Comparative Political Economy; Redistribution
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H24 - Personal Income and Other Nonbusiness Taxes and Subsidies; H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H23 - Externalities ; Redistributive Effects ; Environmental Taxes and Subsidies; B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B53 - Austrian; P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy

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