Geoff Crocker proposes ‘a basic income funded by QE in proportion to output GDP and not counted as deficit’ as ‘the only ultimate solution’. This prescription is based on his diagnosis that ‘the delinkage of productivity and real wages is the underlying cause of the 2007 economic crisis.’
Geoff Crocker, “The Economic Necessity of Basic Income,” Munich Personal RePEc Archive, Paper No. 62941, posted 18 March 2015.
