New Books in Economics

Joe Williams, "Inequality in the Digital Economy: The Case for a Universal Basic Income" (Palgrave Macmillan, 2024)

Feb 21, 2026
Joe Williams, an academic studying digital markets and author on UBI, discusses how the digital economy concentrates power and reshapes work. He explains what a universal basic income would look like and why it could reframe social security. Conversations cover environmental limits, the meaning of work, and realistic, incremental paths to implementing UBI.
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ANECDOTE

Personal Precarity Shaped The Research

  • Joe Williams described his own precarious post-China period which influenced his interest in UBI.
  • Personal experience of insecurity pushed him to finish his book on universal basic income.
INSIGHT

Digital Economy Now Pervasive

  • The digital economy has expanded from niche tech firms to underpin almost all economic activity today.
  • This shift changes how value and employment are created across sectors and raises inequality risks.
INSIGHT

Winner-Takes-All Wealth Concentration

  • Large tech firms generate huge profits while employing relatively few people, concentrating wealth at the top.
  • This pattern, now amplified by AI, contributes to job loss and widening inequality.
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