UBI advocate Michael Haines on its benefits and costs - EP137

<p>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). </p><h3>About this episode’s guest - Michael Haines</h3><p>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.</p><h3>Links relevant to the conversation</h3><p><a href="https://michael-haines.medium.com/whats-better-welfare-a-job-guarantee-or-a-universal-basic-income-dbb0c827a3b2">What's Better: Welfare, A Job Guarantee, Or A Universal Basic Income? | By Michael Andrew Haines. | Apr, 2022</a></p><p><a href="https://economicsexplored.com/2022/02/13/ubi-universal-basic-income-w-ben-phillips-anu-ep126/">UBI: Universal Basic Income w/ Ben Phillips, ANU – EP126 – Economics Explored</a></p><p><a href="https://www.acoss.org.au/wp-content/uploads/2018/10/ACOSS_Poverty-in-Australia-Report_Web-Final.pdf">Poverty In Australia 2018</a></p><p><a href="https://basicincomeaustralia.com/">Basic Income Australia</a> (overview of UBI policy Michael is proposing)</p><p><a href="https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy">Money creation in the modern economy | Bank of England</a></p><p>Thanks to the show’s audio engineer <a href="https://www.upwork.com/o/profiles/users/~01ce8c1d226cc8909e/">Josh Crotts</a> for his assistance in producing t