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Testing Different Routes to a Basic Income Scheme

In: Basic Income—What, Why, and How?

Author

Listed:
  • Malcolm Torry

    (University of Bath)

Abstract

This chapter explores various aspects of the recent debate on Basic Income. It discusses financial feasibility; a variety of feasibility tests; and then several different routes that Basic Income might take from concept to implementation: (a) ‘replacement’—a Basic Income for everyone legally resident in a country, implemented all in one go, with at the same time the abolition of the existing social security system; (b) ‘alongside’—a Basic Income for everyone legally resident, implemented all in one go, with the existing social security system retained; (c) ‘single age group’—a Basic Income for everyone in a particular age group, followed by other age groups; (d) ‘pilot project’—a Basic Income for a representative sample of a country’s population, followed by an extension to the whole population; and (e) ‘single age group pilot project’—a Basic Income for a representative sample of one age group, followed by an extension to the whole of the age group, and then to other age groups. General descriptions of the different routes are accompanied by descriptions of what they might look like in the United Kingdom and in Australia, and their feasibilities are evaluated.

Suggested Citation

  • Malcolm Torry, 2022. "Testing Different Routes to a Basic Income Scheme," Exploring the Basic Income Guarantee, in: Basic Income—What, Why, and How?, chapter 0, pages 161-176, Palgrave Macmillan.
  • Handle: RePEc:pal:etbchp:978-3-031-14248-2_10
    DOI: 10.1007/978-3-031-14248-2_10
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