ABSTRACT
B. Ackerman and A. Alstott (AA) and P. Van Parijs justify their respective income policy proposals, in part, by appealing to the notion of real freedom. AA realize that some will be unable to make prudent use of the economic freedom an $80,000 grant would provide and will make very bad decisions. They suggest that requiring stakeholders to obtain a high school degree and refrain from criminal activity would help sift out those likely to make such imprudent choices. Stakeholder grants are regarded as more real-freedom promoting than basic income because although VP's version of the basic income could not be converted into a stakeholder grant a stakeholder grant could be converted into a basic income. AA could argue that stakes would facilitate life planning to a greater extent than a basic income would and, therefore, would promote real freedom to a greater extent.
