2012 | OriginalPaper | Buchkapitel
Why Did We Lose the War on Poverty?
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Under the names of Guaranteed Income and the Negative Income Tax, the idea of a Basic Income Guarantee (BIG) seemed to appear out of nowhere and onto the mainstream policy agenda in the mid-1960s. The idea had been discussed in academic circles as far back as the 1940s, but suddenly academics, policy makers, and welfare activists all seemed to be hitting on the same idea that we should replace many of the different policies designed to target specific groups with one simplified, comprehensive policy to ensure that everyone had a little money.