Working Paper No.212
01 November 1997
An Efficiency Argument for the Guaranteed Income
Authors Karl Widerquist and Michael A. Lewis use a “multischool” approach to
poverty policy, asking the following question: Given the many
proposed causes for poverty, and the conflicting theories about how
potential solutions would work, what conclusions can we draw
about policy? They conclude that the guaranteed income is
the most efficient and comprehensive policy to address poverty.
Associated Programs
- Economic Policy for the 21st Century