Economics Explored
Economics Explored
Apr 29, 2022
UBI advocate Michael Haines on its benefits and costs - EP137
Play • 1 hr 23 min

Universal Basic Income (UBI) advocate Michael Haines chats with show host Gene Tunny about the benefits and costs of a UBI, with an extensive discussion of how it’s paid for in Michael’s proposal. The conversation considers money creation and so-called Modern Monetary Theory (MMT). 

About this episode’s guest - Michael Haines

Michael Haines is the CEO of VANZI, the Virtual Australia and New Zealand Initiative. Michael has 40+ years of experience in a wide variety of senior management and consulting roles across a range of industries: government, telecommunications, brewing, construction, consumer goods, car manufacturing and transport and logistics covering a wide range of disciplines. While he has previously sat on the Board of the Australian Logistics Council and remains a member of Austroads Intelligent Transport Industry Reference Group, he was instrumental in establishing VANZI and his entire time is now devoted to the VANZ project.

Links relevant to the conversation

What's Better: Welfare, A Job Guarantee, Or A Universal Basic Income? | By Michael Andrew Haines. | Apr, 2022

UBI: Universal Basic Income w/ Ben Phillips, ANU – EP126 – Economics Explored

Poverty In Australia 2018

Basic Income Australia (overview of UBI policy Michael is proposing)

Money creation in the modern economy | Bank of England

Thanks to the show’s audio engineer Josh Crotts for his assistance in producing the episode. 

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