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Georgie Frost

Is the basic income a good idea?

Georgie Frost
Original Broadcast:

Best of Morning

 Is the basic income a good idea?
We’re joined by the Institute of Economic Affairs’s Head of Education Dr Steve Davies to discuss: Is the basic income a good idea? Interviewed by the IEA’s News Editor Kate Andrews, the pair discuss this idea which is gaining traction across the political spectrum. Steve and Kate agree that a basic income could form a viable alternative to Britain’s complex welfare system, which often creates perverse incentives for those on it. They outline the social and economic benefits of giving people greater autonomy with the work they pursue, and the money they spend.