Basic Income, Unemployment and Compensatory Justice

Chapter 1. Basic Income Confronted with Some Popular Ideas of Justice 1. Introduction 2. Self-reliance 3. Reciprocity: not only the truly lazy 4. Basic income and the work ethic Summary and conclusions Chapter 2. Compensatory Justice and Basic Income 1. Introduction 2. The economist’s view on compensatory justice 3. The objective approach to compensatory justice 4. The balancing approach to compensatory justice 5. The conditions of compensatory justice: the role of the social security system 5.1. Compensatory justice and conditional social security 5.2. Compensatory justice and basic income 6. Compensatory justice and parasitism Summary and conclusions Appendix Chapter 3. Basic Income, Un(der)employment and Jobs Shortage 1. Introduction 2. Hamminga’s thought experiment 3. The Labour Rights Scheme 3.1. Uniform productivity levels 3.2. Non-uniform productivity 4. The equivalent basic income scheme 4.1. Uniform productivity levels 4.2. Non-uniform productivity 5. Welfare policy and economic up- and downturns 6. Parasitism and exploitation 7. (Un)employment rents Summary and conclusions Appendix Chapter 4. Why Launch a Basic Income Experiment? 1. Introduction 2. The limitations of theoretical models and empirical research 3. Basic income versus negative income tax 4. The New Jersey income-maintenance experiment 4.1. The design of the New Jersey experiment4.2. The operations, surveys, and administration 5. Lessons drawn from the New Jersey experiments 6. Design of a new basic income experiment 6.1. Social assistance recipients 6.2. Workers 6.3. Prospective entrepreneurs 6.4. The cost of the experiment 6.5. Effects of a basic income to be researched Summary and conclusions Chapter 5. First Steps towards a Basic Income 1. Introduction 2. The impossibility theorem: A basic income is either too low to be socially acceptable or too high to be economically feasible 3. A partial basic income 4. An alternative route 5. Part-time workers 6. A differential basic income Summary and conclusions Conclusion References Author Index