#auspol live Talks Universal Basic Income with Vic Rollinson & Troy Henderson

Published: Feb. 21, 2017, 1:57 a.m.

b"#auspol member @VicRollinson hosted her 2nd live podcast where she spoke with @TroyHenderson, PhD in Political Economy from University of Sydney on universal basic income.

'Automation destroys jobs but simultaneously creates jobs'

'Richard Nixon was surprisingly an advocate of universal income'

'Two major issues are raised in regard to the concept around universal basic income 'it will cost too much' (not so much as the net cost outweighs costs of welfare and other social payments) and 'people won't work' (no evidence to support this)'

'Government debt is fine if it can be serviced, but not fine with policies which increase personal debt'"