Economics Explored cover image

UBI: Universal Basic Income w/ Ben Phillips, ANU - EP126

Economics Explored

00:00

Universal Basic Income

Could it actually improve the well being of households in the sort of lower deciles not just the, the most disadvantaged that where we're assisting them currently with welfare benefits. They are funded usually through an increase in a wealth tax or increase in say income tax and they usually tend to be quite progressive taxes. With most of the basic income schemes at least I've seen, you do get a redistribution from the rich to the poor effectively. We end up having income inequality that looks a little bit more like Nordic countries rather than our current system which is fairly sort of middle of the road.

Play episode from 23:18
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app