PUBLISHER’S SUMMARY: ‘Philippe Van Parijs argues for a basic income for all legal residents of the European Union to be financed by Value Added Tax. Unlike the US, the EU lacks automatic inter-state transfers and migration between states is much less common. A universal basic income would serve as a buffering mechanism and enable a stronger recovery from economic downturns. It would also help the Union overcome the pressures of competitiveness, while the EU may also be seen as more legitimate and less of a heartless bureaucracy in the eyes of its residents.’
Philippe Van Parijs, “The Eurodividend: Why the EU should introduce a basic income for all”, LSE EUROPP Blog, 24th July 2013
Philippe Van Parijs
