Francis Coppola
This article argues in support of the Basic Income Guarantee (BIG), relative to another proposed reform, the Job Guarantee (JG). Responding to two recent articles by L. Randall Wray criticizing basic income as inflationary, Francis Coppola castes doubt that Wray’s claims that BIG and JG would have very different effects on inflation. She concludes, “It seems to me that the fundamental difference between JG proponents and supporters of basic income lies not in their economics but in their view of human nature. JG proponents are essentially managerialist. They think that people have to be told what to do or they won’t do anything useful. Basic income supporters, on the other hand, are liberals: they believe that if people are supported and their basic needs are met, they will find useful and productive things to do. … Personally I would prefer a basic income, and I admit that is because I am shockingly liberal and really don’t like being told what to do.”
Coppola, Francis. “Economic equivalence: job guarantee and basic income,” Coppola Comment, Thursday, 11 July 2013
