1st Edition
Technological Unemployment, Basic Income, and Well-being
INTRODUCTION
CHAPTER 1. THREE WAVES OF TECHNOLOGICAL UNEMPLOYMENT
1.1 The First Wave and the theory of compensation
1.2 The Second Wave and the rise of inequality
1.3 The Third Wave and the great decoupling
1.4 Is full unemployment a concrete possibility?
1.5 What will happen in the meantime? The road to full-unemployment equilibrium
CHAPTER 2. POSSIBLE POLICY SOLUTIONS TO COUNTERACT THE RISE OF TECHNOLOGICAL UNEMPLOYMENT AND ITS CONSEQUENCES
2.1 Taxing robots, subsidizing human workers
2.2 Boosting education and/or professional training
2.3 Reducing per-capita working hours
2.4 Quotas…
2.5 …and the tradable permits approach
2.6 Employment Protection Legislation and Unemployment Benefits
2.7 Collectivizing firms (or similar policies)
2.8 Universal or Unconditional Basic Income
CHAPTER 3. BASIC INCOME
3.1 Basic Income and its history
3.2 Basic Income as a welfare instrument
3.3 Basic income and labor supply
3.4 Basic Income as an instrument for counteracting technological unemployment
3.5 Creative work, prosocial behavior and Basic Income
3.6 Is Basic Income financially sustainable?
CHAPTER 4. WELLBEING AND BEHAVIORAL ECONOMICS
4.1 Behavioral Economics and Happiness Economics
4.2 Wellbeing and its causes
4.3 Behavioral Economics and theoretical tools to measure the impact of Basic Income on wellbeing
4.4 The dynamics of wellbeing over time
CHAPTER 5. THE WELLBEING IMPACT OF AN UNCONDITIONAL BASIC INCOME
5.1 Measuring the impact of technological unemployment on wellbeing
5.2 Measuring the impact of redistributive policies on wellbeing: the wellbeing impossibility theorem
5.3 The impact of Basic Income on wellbeing
5.4 Comparing Basic Income with conventional policy tools
5.5 Does Basic Income reduce wellbeing?
CHAPTER 6. CONCLUDING REMARKS: AN ALTERNATIVE / COMPLEMENTARY POLICY PROPOSAL
6.1 Summing up: technological unemployment, Basic Income and wellbeing
6.2 Would a higher (and rising) Basic Income be the best solution?
6.3 An alternative/complementary policy proposal
6.4 Final considerations: employment or income?
Biography
Fabio D’Orlando is Associate Professor of Economics at the University of Cassino and Southern Lazio, Italy. He studied at the “La Sapienza” University of Rome, IT (Ph.D.), subsequently teaching at the same university, as well as the University of Campobasso, Italy. He also teaches at SIOI, the Italian Society for International Organization, Rome. His research interests are Behavioral Economics, Economics and Psychology, History of Economic Ideas, Classical-type Theory, Technological Unemployment. For Routledge, he is (co-)author of Economic Change and Wellbeing: The True Cost of Creative Destruction and Globalization, written with Francesco Ferrante and Albertina Oliverio.
