Policies to Tackle the Cost-of-Living Crisis

Policies to Tackle the Cost-of-Living Crisis
Purpose of conference

What policies can tackle the cost-of-living crisis? What’s the case for a basic universal income? Can debt-free sovereign money help lift us out of the crisis?

The CTNTE is happy to announce our first conference since the global pandemic started. This conference will explore policies that could tackle the current cost-of-living crisis. The cost-of-living crisis, referring to the fall in real disposable incomes, has affected us all to varying degrees. Dysfunctionality in western economies has led to a situation where wage and work are no longer sufficient for income adequacy, and a new policy paradigm is needed to deliver adequate household income and reduce national debt.

Our speakers will cover a range of topics, including the macroeconomic implications of basic income; the role of technology in reducing labour income, leading to a macroeconomic case for a universal basic income; funding basic income by direct money financing; the links between wealth and income, and their implications for basic income; and national solutions to the spiralling costs of living.

View the event on Facebook




Technological change and growth regimes: Assessing the case for universal basic income in an era of declining labour shares

Authors: Joe Chrisp, Aida Garcia-Lazaro, and Nick Pearce

Professional affiliation: Institute for Policy Research, University of Bath, UK

Summary: This report assesses technological change and growth regimes, and the case for universal basic income (UBI) in an era of declining labour shares. Funded by an unrestricted gift from Mr Geoff Crocker, it provides an overview of the research project Economics of basic incomeThe report summarises academic research on the multi-dimensional effects of technology on national economies, with a focus on its relationship to trends of a declining labour share. Crisp et al. then relate these findings to a discussion of policy solutions, including a UBI.

Access to report: Technological change and growth regimes (bath.ac.uk)

Macroeconomic implications of a basic income

Authors: Zsófi Kőműves, Chris Thoung, and Jakub Zagdanski

Professional affiliation: The Cambridge Trust for New Thinking in Economics, UK; Cambridge Econometrics, UK.

Summary: This report presents the results of a research project to investigate the macroeconomic implications of basic income. In doing so, it aims to enhance our understanding of how a basic income scheme might operate at scale (i.e., at the level of a macroeconomy, or economic system), whilst accounting for dynamic effects (i.e., feedbacks).

Access to report: Macroeconomic implications of a basic income (neweconomicthinking.org.uk)

Watch Online

We will be livestreaming the conference via YouTube. You can access the livestream via our blog (please note, this page will not be active until approximately 09:30 on the 8th March, 2023).

View the presentations

These presentations, alongside a summary of the conference, are also available on our blog.

Dr Francisco Arias

Geoff Crocker

Chris Thoung

 Dr Joe Chrisp

David Fishman

Dr Graham Gudgin

Professor Terry Barker

Event date
8 March 2023
Download File
Downing College, Cambridge, UK, CB2 1DQ - all sessions in the Howard Building, Assembly Room
Go to Top