Universal Basic Income: an idea whose time has come?

Document type
Report
Author(s)
Reed, Howard; Lansley, Stewart
Publisher
Compass
Date of publication
1 May 2016
Subject(s)
Social Policy, Employment
Collection
Social welfare
Material type
Reports

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This paper examines the desirability and feasibility of introducing a universal basic income (UBI) scheme in the UK. It analyses the merits of such a scheme, how it might be implemented and what role it might play in the search for a good society, one that is more equal, sustainable and democratic. In particular, it presents the results of a number of simulations of how such a scheme would work in practice, including its cost, distributional impact and feasibility. It considers two UBI models: a full scheme which replaces most means-tested benefits and a modified scheme which leaves existing means-tested benefits in place, at least initially.

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