From the web

Citi Bank’s chief economist pushes for basic income

Willem Buiter, chief economist at Citigroup Inc, a multinational investment banking corporation, has written in support of a basic income guarantee as a way to assist workers who are “left behind by technological advances”.

Buiter recently reaffirmed this position at Citi’s annual summit, held in November in London, where he participated in a panel about global political risks.

Buiter is also a prominent advocate of the so called ‘helicopter money‘ idea whereby central banks would distribue a social dividend to all citizens.

Read more [in Swedish]:

Charlotta Buxton, “Toppekonom: Statlig inkomst lösning på populism,” SvD Näringsliv (November 21, 2016).


Reviewed by Genevieve Shanahan 

Photo: Willem Buiter speaks to unnamed people at LSE event, CC BY-NC-ND-2.0 UK in Spain

Kate McFarland

About Kate McFarland

Kate McFarland has written 454 articles.

Kate has previously made a living as a professional student, but is retired for the time being. Regarding her present work in the UBI community, you may read more here.

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