Technological Unemployment, Basic Income, and Well-being
eBook - ePub

Technological Unemployment, Basic Income, and Well-being

  1. 184 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Technological Unemployment, Basic Income, and Well-being

About this book

The main novelty of the Fourth Industrial Revolution is the entry of robots and Artificial Intelligence into the production process. This phenomenon could potentially generate high levels of unemployment, or even full unemployment, and therefore calls for innovative public policies.

This book adopts an agnostic position on the size of the future impact of technological progress on employment but proposes a thought experiment built on a full unemployment scenario, which focuses on the consequences that these policies might have for people's well-being, with particular reference to the provision of a universal Basic Income (UBI). Relying on some of the principles and models of Behavioral and Happiness Economics, it is argued that implementing a UBI that does not change over time may increase well-being inequality. A policy mix that combines a rising basic income with other measures is therefore recommended.

This book marks a significant contribution to the literature on economic policy, labor economics, the economics of well-being and happiness, and behavioral economics.

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Yes, you can access Technological Unemployment, Basic Income, and Well-being by Fabio D'Orlando in PDF and/or ePUB format, as well as other popular books in Business & Economic Theory. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Routledge
Year
2023
Print ISBN
9781032313931
eBook ISBN
9781000937640
Edition
1
Topic
Business
Subtopic
Economic Theory
Index
Business

Table of contents

  1. Cover
  2. Half Title
  3. Series Page
  4. Title Page
  5. Copyright Page
  6. Table of Contents
  7. Figures
  8. Introduction
  9. 1 Three waves of technological unemployment
  10. 2 Possible policy solutions to counteract the rise of technological unemployment and its consequences
  11. 3 Basic Income
  12. 4 Well-being and Behavioral Economics
  13. 5 The well-being impact of an unconditional Basic Income
  14. 6 Concluding remarks: an alternative/complementary policy proposal
  15. Index