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India a great candidate for targeted basic income: Michele Wucker

Writer who coined the term 'gray rhino'--threats that are highly probable but are ignored--warns against economic inequality.

Michele Wucker
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Michele Wucker, founder and CEO of Gray Rhino & Company. Wucker is an activist and writer.

Ashley Coutinho Mumbai
Michele Wucker, founder and chief executive officer of Gray Rhino & Company, is an author and policy analyst. She is known for coining the term ‘gray rhino’, a highly probable and impactful threat that is neglected, quite unlike the unpredictable black swan events.

Wucker was a speaker at the CFA Society India’s recent wealth management conference and spoke to Business Standard about how the world can be prepared for gray rhinos like coronaviruses and climate change. She said women on company boards may help reduce risks and that helicopter money could be a useful tool to keep consumption going.

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