Abhijit Banerjee Quotes

Guaranteed income schemes can take various forms, but in the simplist the government sends every citizen an annual check in an amount sufficient to keep the worlf from the door when misfortune strikes, but not large enough to satisfy anyone's idea of a good life.

I know that there are many excellent arguments for a universal form of basic income. Since everyone would get it, it would remove the stigma that dogs recipients of assistance and 'entitlements'.

I want to give people a basic income, so that if you're working hard, doing the best you can, that you can not just survive, but you can have a decent life.

Expanding the EITC can get us close to a universal basic minimum income.

While it won't solve all the world's ills - and ideas such as a rent cap and more social housing are necessary in places where housing is scarce - a basic income would work like venture capital for the people.

The concept of UBI (universal basic income) is a good concept and when Arvind Subramanian had started it, I told him that Indian politicians will say continue the existing subsidies and give this over and above.

The minimum wage in Denmark is about twice that of the United States, and people who are totally out of the labor market or unable to care for themselves have a basic income guarantee of about $100 per day.

The welfare state creates its own victim/client constituency. By making individuals free and independent, we reduce the need for 'charity' to those truly needy citizens what we can certainly afford to help through real charity.

Our child benefit goes directly to the families who need it the most.

When America installs a minimum income, it's going to be doing it in a very different historical context than Switzerland or Sweden or Germany, or any other country might do it. And we're doing it in a context where it has the potential, I think, for much better consequences than in those other countries.

I'm a capitalist, and I believe that universal basic income is necessary for capitalism to continue.

Universal basic income is not a solution in search of a problem - it is the obvious solution that has been in front of us for years. It only requires us to have the vision, empathy and courage to adopt it for the American people before it is too late.

A primary justification for a basic income is social justice.

From Scotland to India, and from Silicon Valley to Kenya, policymakers all over the world have become interested in basic income as an answer to poverty, unemployment and the bureaucratic behemoth of the modern welfare state.

A universal basic income would be the best way to give everyone the opportunity to do more unpaid but incredibly important work, such as caring for children and the elderly.

Public social services, infrastructural policies, and so on are vital. But a basic income should be part of a package of reforms.

A multi-tier social protection system must be based on a modest basic income so as to enable the precariat to build lives involving a balance of different types of work, not just labour in jobs.

The claim that if people had a basic income they would become lazy is prejudiced and has been refuted many times in many places.

There is much in American society which I admire, but I have long held the view that the absence of an effective safety net in that country means that too many needy citizens fall by the wayside. That is not the path that Australia will tread. Nor do we want the burdens of nanny state paternalism that now weigh down many economies in Europe.

I am now convinced that the simplest approach will prove to be the most effective -- the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.

The matter of social security and these grants is to help to address the levels of poverty in the country.

A safety net for the poor indeed requires some level of income redistribution.

For many of those who had historically supported welfare programs in the broadest sense, it was perfectly reasonable to enact legislation in which poor people were the objects of efforts to assist them.

We need to make sure middle-class people are able to pay the bills. We need to make sure that poor people don't starve. Those are values, too.

There are many commitments I have made for reducing poverty. One is to reform social security. Social security reaches only 44 percent of Mexicans. One of my goals is to give social security to all the people.