I’m back in the office after some time off for health reasons and a family vacation, so I’m catching up on several months worth of reading. Today, I came across the September issue of Policy Options, which focused on Employment Insurance. While the articles clearly present the flaws of EI – in addition to a few flaws that only economists worry about – I found the proposed solutions to be quite limited.
However, I was also surprised to discover that Tom Courchene and John Allan advocate for a revised EI in the context of a guaranteed annual income. (I can’t link to the article, but you can click through to it from the main page).They argue that EI should be restructured as an insurance program, limiting benefits to a weeks-worked basis that applies evenly across the country. But to achieve social policy goals of income security and redistribution, they propose a guaranteed annual income in a Negative Income Tax version. Read more »