New Welfare Economy

New Welfare Economy

ISBN13: 9781799864240|ISBN10: 1799864243|ISBN13 Softcover: 9781799864257|EISBN13: 9781799864264
DOI: 10.4018/978-1-7998-6424-0.ch003
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MLA

Torben Larsen. "New Welfare Economy." Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics, IGI Global, 2021, pp.90-119. https://doi.org/10.4018/978-1-7998-6424-0.ch003

APA

T. Larsen (2021). New Welfare Economy. IGI Global. https://doi.org/10.4018/978-1-7998-6424-0.ch003

Chicago

Torben Larsen. "New Welfare Economy." In Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-6424-0.ch003

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Abstract

A review of the welfare economy finds that seven Nobel Laureates recommend a tax system with negative income. The size, entitlement to, meeting out, and finance of universal basic income (UBI) are concluded in accordance with other social security legislation. Further, New Public Management 2.0 is outlined. It also includes national accountancy with multinational companies. The final section presents a COVID-19-based index on social vulnerability that reveals serious limitations to deal with the climate threat in a majority of G7 countries in contrast to the excellent coping with COVID-19 of the larger Asian economies.

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