The Importance of a Basic Income

We're a world away from the inflation of the 70s, which was, there wasn't a wage price spiral. So you can't foresee a situation where workers could quite happily say, actually, we want a lot more money with something like a UBI. I think that's going to be a crucial element of why a basic income is a kind of inequality engine," says Will Bennett. "I sort of still am for the larger sums, but I think for the entry level, why not?" he adds.