Technological change and growth regimes

This report authored by Nick Pearce, Joe Chrisp and Aida Garcia-Lazaro provides an overview of the research project ‘Economics of basic income’ (March 2019 - January 2022), funded by an unrestricted gift from Mr Geoff Crocker.

It summarises academic research on the multi-dimensional effects of technology on national economies with a particular focus on its relationship to trends of a declining labour share. We relate these findings to a discussion of policy solutions including a universal basic income (UBI).