Festival of Economics: Basic Income – An Idea Whose Time Has Come?

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At-Bristol

Anchor Road

Harbourside

BS1 5DB

United Kingdom

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Basic Income – An Idea Whose Time Has Come?
Chair: Jonathan Derbyshire (Financial Times)
Panel: Torsten Bell (Resolution Foundation), Louise Haagh (University of York), Anthony Painter (RSA), Nick Pearce (University of Bath Institute for Policy Research)
Thu 17 November 2016, 12:30-13:45

At-Bristol
£7 / £6
£4 PARTNER RATE is for staff, students or members at the following organisation: Arts Council England, Bristol City Council, Business West, Royal Economic Society, University of Bristol and UWE.

Should the government give everybody in the country a minimum income, regardless of their circumstances? Advocates of a basic income argue that it would be a simple way to increase low incomes and, in contrast to current benefit systems, would not penalise people by withdrawing payments when they get work. They also argue it would also help society adjust to the effect of automation on jobs and allow people to be more creative and pursue interests. Critics say a basic income would be unaffordable at any meaningful level, and could only take place with massive tax increases.

They also argue it would undermine some people’s incentive to find work. There are now basic income pilots under way in a number of cities and countries, after many decades of theoretical argument. Is this an idea whose time has come?

In association with Institute for Policy Research, University of Bath.

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At-Bristol

Anchor Road

Harbourside

BS1 5DB

United Kingdom

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