Indeed, in a pamphlet Fifteen Propositions (published in 1993 by The Employment Policy Institute of which Mr Philpott is director), Meade saw a Citizen's Income serving three purposes:
(1) It relieves poverty by guaranteeing for every citizen a sufficient Minimum Acceptable Level of income. (2) It does so without destroying incentives to work if it is not withdrawn as the citizen earns other income. (3) It provides a universal supplement to earnings which is aimed at justifying any restriction of rates of pay which is needed to ensure full employment.
Professor Meade added:
Quite rightly, Mr Philpott dismisses some of the more specious policies which are now advocated as cures for mass unemployment. There will inevitably be a "cost" for a return to full employment. But it is not without significance that Meade consistently argued the case for a Citizen's Income. Indeed, in his last book "Full Employment Regained?" published just before his death, he had again returned to the argument.
Citizen's Income Trust
London WC2Reuse content