POL224Y1 Lecture Notes - Lecture 6: Pareto Efficiency, Social Contract, Allocative Efficiency

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13 Feb 2018
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Feb 12: current case study - ubi, ontario. Qualifying candidates = low-income (probs based on quintiles), working age 18-64. Half of the participants are randomly assigned to control group. ~4k individualds, 4 studies (hamilton, lindsay, thunder bay, etc. ) North notario, south ontario, big city (prev. industrial-city) all represented. ~k for individuals & k for couples; extra k if you have a disability. Program tries to pay for itself: for every you make from cpp or other social service, deducted from ubi. Incentive to work because for of work only sh. 50 deducted from ubi. Its three functions are: (1) prevent crime against property/persons (2) provide public goods (3) redistribution. Because we"re better off when there"s a state than when there isn"t. Imagine state of anarchy where best option is stealing. stealing is unproductive. better to have a state that can keep transfers, sales, etc. credible. Engels would say: the state emerges out of class conflict.

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