Discusses whether the Basic Income Guarantee could offer an alternative to both laissez-faire and existing welfare systems in developed countries - often criticized by both advocates and critics of laissez-faire - thus opening a constructive dialog in policy discussion.

"Offers a healthy diversity of opinion and thoughtful perspectives on the philosophical underpinnings, practical aspects and constraints, and a variety of possible approaches [to a Basic Income Guarantee]. Given the increasing concern about rising income inequality in the US and abroad, the volume is certainly timely. Recommended." - CHOICE

"This volume explores an important topic: what is the role, if any, of a Basic Income Guarantee in a free society? In answering this question, Basic Income and the Free Market provides a variety of perspectives and viewpoints that will be of interest to a wide range of readers, from scholars to policymakers. No matter what your ideological leanings, you will surely find something in this volume that challenges those views. I highly recommend it to anyone interested in the foundations of a free society." - Christopher J. Coyne, F.A. Harper Professor of Economics, George Mason University, USA

'A real conversation starter. Austrians will be challenged by the Basic Income Guarantee, and its advocates will be challenged by Austrian theory. Guinevere Nell has opened up a new, balanced, and promising dialog.' - David Prychitko, Professor of Economics, Northern Michigan University, USA

Autorentext
Troy Camplin, author of Diaphysics Cameron Weber, New School for Social Research in New York, USA Daniel Kuehn, American University, USA Laurent Dobuzinskis Simon Fraser University, Canada Steve Richardson, Department of Labor's Center for Program Planning and Results Theodore A. Burczak, Denison University, USA

Inhalt
PART I: AUSTRIAN SUPPORT FOR THE BIG Introduction; Guinevere Liberty Nell 1. Welfare in the Austrian Marketplace; Guinevere Liberty Nell 2. A Hayekian Case for a Basic Income; Theodore Burczak 3. The Basic Income Guarantee as a Helicopter Drop 'with Austrian Characteristics'; Daniel Kuehn 4. Taming Leviathan with a Basic Income; Cameron Weber 5. Basic Income Guarantee and the Negative Income Tax: A Comparative Spontaneous Orders Approach; Troy Camplin PART II: ISSUES AND COMPLICATIONS 6. Taking the 'G' Out of BIG: A Comparative Political Economy Perspective on Basic Income; Peter Boettke and Adam Martin (reprint) 7. A Little Less than BIG: A Pragmatic Perspective on Remedying Injustice; Laurent Dobuzinskis PART III: POTENTIAL SOLUTIONS 8. Who Owns the Land? Land as the Basis for Funding of a Basic Income Guarantee; Guinevere Liberty Nell 9. A BIG Paradigm Shift for Society: A Speculative Look at Some of the Implications of introducing a BIG; Guinevere Liberty Nell and Daniel Richmond 10. Basic Income Guarantees in Free Cities; Zachary Caceres and Michael Strong