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Discusses whether the Basic Income Guarantee could offer an alternative to both laissez-faire and existing welfare systems in developed countries - often criticized by both advocates and critics of laissez-faire - thus opening a constructive dialog in policy discussion.

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PART I: AUSTRIAN SUPPORT FOR THE BIG Introduction; Guinevere Liberty Nell 1. Welfare in the Austrian Marketplace; Guinevere Liberty Nell 2. A Hayekian Case for a Basic Income; Theodore Burczak 3. The Basic Income Guarantee as a Helicopter Drop ´with Austrian Characteristics´; Daniel Kuehn 4. Taming Leviathan with a Basic Income; Cameron Weber 5. Basic Income Guarantee and the Negative Income Tax: A Comparative Spontaneous Orders Approach; Troy Camplin PART II: ISSUES AND COMPLICATIONS 6. Taking the ´G´ Out of BIG: A Comparative Political Economy Perspective on Basic Income; Peter Boettke and Adam Martin (reprint) 7. A Little Less than BIG: A Pragmatic Perspective on Remedying Injustice; Laurent Dobuzinskis PART III: POTENTIAL SOLUTIONS 8. Who Owns the Land? Land as the Basis for Funding of a Basic Income Guarantee; Guinevere Liberty Nell 9. A BIG Paradigm Shift for Society: A Speculative Look at Some of the Implications of introducing a BIG; Guinevere Liberty Nell and Daniel Richmond 10. Basic Income Guarantees in Free Cities; Zachary Caceres and Michael Strong

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"Offers a healthy diversity of opinion and thoughtful perspectives on the philosophical underpinnings, practical aspects and constraints, and a variety of possible approaches [to a Basic Income Guarantee]. Given the increasing concern about rising income inequality in the US and abroad, the volume is certainly timely. Recommended." - CHOICE

"This volume explores an important topic: what is the role, if any, of a Basic Income Guarantee in a free society? In answering this question, Basic Income and the Free Market provides a variety of perspectives and viewpoints that will be of interest to a wide range of readers, from scholars to policymakers. No matter what your ideological leanings, you will surely find something in this volume that challenges those views. I highly recommend it to anyone interested in the foundations of a free society." - Christopher J. Coyne, F.A. Harper Professor of Economics, George Mason University, USA

´A real conversation starter. Austrians will be challenged by the Basic Income Guarantee, and its advocates will be challenged by Austrian theory. Guinevere Nell has opened up a new, balanced, and promising dialog.´ - David Prychitko, Professor of Economics, Northern Michigan University, USA

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