On the macroeconomics of transition and the search for clarity

Published 2024 – As part of the Earth4All project, collaborators have submitted deep-dive papers to delve further into the issues and solutions needed to transform our economic system and provide an equitable future for all on a finite planet. 

This is the second paper in a series of three on the concept of a universal basic dividend (UBD), authored by Ken Webster. This paper aims to provide clarity on the implications of grounding a UBD in ethical and moral considerations, as well as to explore how a UBD fits within current macroeconomics, especially fiscal and monetary systems. For example, the author examines how redefining a government’s approach to money could pave the way for an earlier and more impactful implementation of UBD, using insights from Modern Monetary Theory (MMT). 

Author: Ken Webster

Download Publication

Other Publications

SDGs for All: Africa

SDGs for All: Africa

04 September 2024 - The SDGs for All: Africa report applies Earth4All’s system dynamics model to chart possible pathways for SDG implementation in the region. Written in collaboration with notable African sustainability experts, it emphasises the scale and urgency of...

Earth4All: Austria

Earth4All: Austria

08 July 2024 - This report contextualises the Earth4All initiative within Austria. Earth4All is a global effort aimed at driving the transformative changes needed for a just and sustainable future on our finite planet. The initiative brings together leading...

Earth4All: Kenya

Earth4All: Kenya

27 June 2024 - This report applies Earth4All to the local context of Kenya. Earth4All is an international initiative to accelerate the systems-change we need for an equitable future on a finite planet. The project has brought together economic thinkers, scientists and...

Club of Rome Logo