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A guaranteed annual income to grow our economy (by growing our people)

Authors: Smith, Shelley;

A guaranteed annual income to grow our economy (by growing our people)

Abstract

The implementation of a national guaranteed annual income plan has been a controversial topic for decades. Much of the research and certainly most of the debate, revolves around the concern of decreased work incentives causing labour shortages and economic decline. This paper strives to argue that a guaranteed annual income plan would in fact improve the economy over time, by investing in citizens’ dignity and personal growth. Evidence is offered with examples and research from past income pilot projects and experiments, personal narratives, as well as reviews of current and past social systems and literature examining the social determinants of health. I conclude that providing people with financial support through difficult periods or during times of personal transition, leads to decreases in poverty and crime, increases in high school graduations (and potential for people of all ages to pursue new career aspirations and/or educational goals), simplification or elimination of current ineffectual and often stigmatized social systems, better childcare, and overall improved mental health. With income support and its systemic change, we can achieve improved wellness for every Canadian.

Country
Canada
Related Organizations
Keywords

MINCOME, Human Rights, Universal Basic Income, Social Determinants of Health, Well-being, Stigma, Guaranteed Annual Income, Income Security, Dignity, Poverty

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green