The main novelty of the Fourth Industrial Revolution is the entry
of robots and Artificial Intelligence into the production process.
This phenomenon could potentially generate high levels of
unemployment, or even full unemployment, and therefore calls for
innovative public policies. This book adopts an agnostic position
on the size of the future impact of technological progress on
employment but proposes a thought experiment built on a full
unemployment scenario, which focuses on the consequences that these
policies might have for people’s well-being, with particular
reference to the provision of a universal Basic Income (UBI).
Relying on some of the principles and models of Behavioral and
Happiness Economics, it is argued that implementing a UBI that does
not change over time may increase well-being inequality. A policy
mix that combines a rising basic income with other measures is
therefore recommended. This book marks a significant contribution
to the literature on economic policy, labor economics, the
economics of well-being and happiness, and behavioral economics.
General
Imprint: |
Taylor & Francis
|
Country of origin: |
United Kingdom |
Series: |
Routledge Advances in Economic Policy |
Release date: |
August 2023 |
First published: |
2024 |
Authors: |
Fabio D'Orlando
|
Dimensions: |
234 x 156mm (L x W) |
Pages: |
184 |
ISBN-13: |
978-1-03-231393-1 |
Categories: |
Books
|
LSN: |
1-03-231393-5 |
Barcode: |
9781032313931 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!