Episode 10 – UBI: How to finance it?

Avatar rbidoc.com | 02/11/2021

It’s UBI’s main question: how to finance it?

The values from tax evasion, corruption, shadow economy and the money diverted to tax havens alone would assure almost 50 billion euros that could be applied in this measure.

But it all starts by evaluating the real economic and social costs of the current paradigm and then gradually experiment the implementation on a local and regional level before moving to a national solution.

Come and learn about the UBI.



Philippe Van Parijs is a Belgian philosopher and political economist, known as a modern forerunner and leading advocate of Unconditional Basic Income.

He is one of the founders of BIEN (Basic Income European Network) which in 2004 became the "Basic Income Earth Network," of which he is President.

Author of several literary works, he studied Philosophy, Law, Political Economics, Sociology and Linguistics at the University of Saint Louis (in Brussels), and at the universities of Louvain, Oxford, Bielefeld and California (Berkeley). He holds a PhD in Social Sciences (Louvain) and Philosophy (Oxford).

He is a professor at the Faculty of Economic, Social and Political Sciences at the Catholic University of Louvain, as well as visiting professor at Harvard University and the KU Leuven Institute of Philosophy.

He has also worked as a visiting professor at several universities around the world, such as Amsterdam, Manchester, Siena and Quebec (Montreal), the Russian Academy of Sciences, the Chinese Academy of Social Sciences, the Autonomous University of Barcelona, the École Normale Supérieure in Paris and the Federal University of Rio de Janeiro.

He is a member of Belgium’s Royal Academy of Sciences, Letters and Fine Arts, the International Institute of Philosophy, the European Academy of Sciences and Arts, and fellow of the British Academy.

In 2001, he received the Francqui, the most prestigious Belgian scientific prize, awarded annually since 1933 by the Francqui Foundation, in recognition of the achievements of Belgian researchers under the age of 50.


Óscar Afonso is professor at the Faculty of Economics of the University of Porto.

With a degree, an Msc and a PhD in Economics from the Faculty of Economics of the University of Porto, he teaches in the three studies cycles – degree, master's and doctorate – and is Director of the Master's degree in Economics and International Management at the Faculty of Economics of Porto.

He is a founding member of NIFIP (Center for Research in Public Finance and Monetary Policy), OBEGEF (Observatory of Economics and Fraud Management, of which he is currently President), and CEFUP (Center for Studies in Economics and Finance of the University of Porto). He is the author and co-author of several books, has written more than 90 articles in international scientific journals, numerous working papers and communications at international conferences. He writes for several Portuguese newspapers and magazines, namely Público, Expresso, Visão, Dinheiro Vivo and I.


Filipe Moreira Alves is a Researcher at the Faculty of Sciences of the NOVA University Lisbon, and is currently involved in European action research projects, such as the BASE, SIRCLE and GO TO DIVERS, with comprehensive research fields ranging from social entrepreneurship to ecological economy, complementary currencies and participatory action research.

With a degree in Economics and an MSc in Economics and Public Policy from ISCTE- University Institute of Lisbon, he is currently a PhD student in the field of Policies for Sustainable Development and Climate Change.

He is co-founder of several associations and cooperatives such as Biovilla, Coopérnico, ECOLUTION and Conexão Lusófona.


Karl Widerquist, is a philosopher and professor of Philosophy at Georgetown University-Qatar, specialized in distributive justice.

He holds two doctorates – one in Political Theory from Oxford University and one in Economics from the City University of New York.

Founding editor of the journal ‘Basic Income Studies’ and author of several books, he also published more than 20 articles in prestigious academic outlets like ‘Raisons Politiques’, in fields as diverse as Economics, Politics, Philosophy and Anthropology.

He was co-chair and vice-chair of BIEN (Basic Income European Network), as well as one of the founders of the US Basic Income Guarantee Network.

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