Transitioning to BIG+VAT

John Quiggin raises some interesting questions about the BIG+VAT in the comments to the last post: I’m unconvinced by your transition strategy, though of course the nature of a transition strategy depends on the starting point. I don’t see how a ‘small’ [UBI*], say $3000/person/r or $1 trillion per year in the US context let’s… Continue reading Transitioning to BIG+VAT

Another Badly-Aimed Attack on the Basic Income Guarantee from Crooked Timber

John Quiggin has been taking up the case against the basic income guarantee at Crooked Timber recently. See here and here. Unfortunately, he is attacking a weak man version of the policy. It doesn’t look like he actually opposes the BIG, in theory, but his objections all appear to demonstrate that a Basic Income is… Continue reading Another Badly-Aimed Attack on the Basic Income Guarantee from Crooked Timber