Nobel Laureate, Paul Krugman endorsed a “minimum income” in his edition of his regular Op-ed column in the New York Times. The column is mostly about technological unemployment, but Krugman concludes that the solution requires, “a strong social safety net, one that guarantees not just health care but a minimum income, too.” The term minimum income is a bit vague and is not spelled out by Krguman, but among economists the term minimum income is usually used to mean some kind of basic income guarantee, usually along the lines of a negative income tax.

Krugman, Paul, “Sympathy for the Luddites,” The New York Times, June 13, 2013

Paul Krugman

Paul Krugman