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Stefen Hertog: “Making wealth sharing more efficient in high-rent countries: the citizens’ income”

Picture: credit to Engineers Ireland.

Steffen Hertog, Associate Professor in Comparative Politics in the Department of Government at the London School of Economics and Political Science, has published a paper in Energy Transitions (Hertog, 2017) which relates the efficiency in wealth sharing and basic income.

The paper makes the case that hydrocarbon producers with higher rents per capita make a unique category of the rent-dependent nations. Those that face specific development challenges not present in mid-rent nations.

With a look into the patterns of rent distributions in high-rent countries, excessive public employment, and energy subsidies, Hertog argues that these lead to lower labor productivity and the exclusion of the national population from the privatized labor market.

Hertog proposes unconditional cash payments in high-rent countries as a means to minimize the distortion patterns in the hiring of nationals for the private labor market and in labor productivity resulting from rent distribution.

 

More information at:

Stefan Hertog, “Making wealth sharing more efficient in high-rent countries: the citizens’ income”, Energy Transitions, December 2017

About Scott Douglas Jacobsen

Scott Jacobsen has written 38 articles.

Scott Douglas Jacobsen researches with varied research labs and groups, and works part-time in landscaping. He founded In-Sight: Independent Interview-Based Journal and In-Sight Publishing. He authored/co-authored some e-books, free or low-cost. If you want to contact Scott, you may inquire or comment through e-mail: Scott.D.Jacobsen@Gmail.com. He is a Tobis Fellow (Fall, 2016) at the UCI Interdisciplinary Center for the Scientific Study of Ethics and Morality (Ethics Center), weekly interview columnist for Conatus News, writer and Executive Administrator for Trusted Clothes, the Vice President of Outreach for the Almas Jiwani Foundation, Councilor for the Athabasca University Student Union, member of the Learning Analytics Research Group, writer for The Voice Magazine, Your Political Party of BC, Progressive Party of BC, Marijuana Party of Canada, BC Refederation Party, and Little Footprints Big Steps International Development Organization, Community Journalist/Blogger for Gordon Neighbourhood House, member-at-large and writer for Canadian Students for Sensible Drug Policy, and member of the Lifespan Cognition Psychology Lab and IMAGe Psychology Lab.

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