The Story Behind the Paper

Ralph P Hall

As with most journal articles there is a story behind the work, but these are rarely told. In this post, I thought I’d share why we wrote our paper entitled Universal Basic Income and Inclusive Capitalism: Consequences for Sustainability.

Over the past two decades, I have worked closely with Prof. Nicholas Ashford, Prof. Robert Ashford, and Charles Caldart to identify strategies that could transform the industrial state towards sustainability. This research has resulted in two editions of our textbook entitled Technology, Globalization, and Sustainable Development. While the scope of this work is vast, at its core is how regulation/policy, innovation, and new economics can be leveraged to create an environment for disruptive change towards sustainability.

When we started this collaboration, the trends in income inequality were clear, but the national/international conversation related to using some form of universal basic income to address inequality was limited. Following…

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