The Big Issue’s Top 100 Changemakers 2019: Finland

The Big Issue’s Top 100 Changemakers 2019: Finland

Electric cars in Lappeenranta

If you live in the city the you probably don’t need a car to get around, unless you have a penchant for sitting in traffic and racking up congestion charges. But then when you do need a car to make a slightly longer journey, you find yourself stuck. Not in Lappeenranta.

The south-east Finland city – 140 miles from capital Helsinki – has experimented with offering electric council fleet cars up for rent outside work hours.The Experimental Finland project – an initiative launched by the Finnish Prime Minister’s Office in response to the country’s perceived lack […]

Universal Basic Income: possibility of a blockchain-based

Universal Basic Income: possibility of a blockchain-based

Recent economic events – such as Britain’s protracted EU Brexit, China’s declining exports, and America’s record-breaking trade deficit – have already begun to fuel fears of a recession in early 2019.

However, those who do not get carried away by the illusion believe that the urgency of a Universal Basic Income (UBI) is growing day by day – and technological advances make it possible to turn such a cross-world concept into reality. Universal Basic Income

The UBI is a revolutionary economic concept that provides each individual with a minimum wage to meet their basic needs. In the face of […]

Jan 16 – Will You Vote for Universal Basic Income in 2020 Election? (w/Andrew Yang)

Jan 16 - Will You Vote for Universal Basic Income in 2020 Election? (w/Andrew Yang)

I would only vote for something like this if I can receive these guarantees:

A. This infusion of cash will be distributed to everyone, at the same rate, regardless of funds. That way I am not incentivized to work less/make less money.

B. My taxes won’t go up or the amount my taxes go up will only be a small percentage of the "income" I receive. C. This does not lead to massive inflation. tl;dr Naa…. I wouldn’t support it. democrats want something for nothing[…]

Indian state to embark on universal basic income experiment

Indian state to embark on universal basic income experiment

Gangtok – A small state in India is to embark on an economic experiment by introducing universal basic income. While the state of Sikkim is small, the concept is attracting global interest.

Located in the upper reaches of the Himalayas, Sikkim is one of the smallest states in India. However, its tiny geographical reach and relatively small population have not proved a hindrance to the state declaring it will experiment with a universal basis income project. This will apply, The Washington Post reports , to each of the state’s 610,577 citizens. Sikkim borders Tibet in the north and northeast, Bhutan […]

Silicon Valley’s grand experiment in jobs means employees are the guinea pigs

A Lyft logo is installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. (Gene J. Puskar/AP) For roughly 2,300 years, Aristotle’s edict “We work in order that we may have leisure” has explained a lot of why humans do what they do. Philosophers in every age have upheld the virtue of work, providing that, at some point, we could kick back a little bit.

But Silicon Valley is busy fiddling with that ancient contract. Among technologists building our task-based gig economy, there have emerged two factions holding opposing theories of the future of work and what […]

Italian government approves overhaul of welfare and pensions

Italian government approves overhaul of welfare and pensions

(From L to R) Italy’s Labour Minister and deputy PM Luigi Di Maio, Prime Minister Giuseppe Conte and Interior Minister and deputy PM Matteo Salvini hold a press conference yesterday at Rome’s Palazzo The Italian government has approved "citizens’ income" and a new pension scheme, marking a major overhaul of the country’s welfare system.

The agreed reforms , providing income support for the poor and allowing people to retire earlier, are the centrepiece of the government’s controversial 2019 “people’s budget”. But critics say the policies are unsustainable for Italy’s already-strained public finances.

The agreement means that, despite having to make some […]

Indian state plans universal basic income for ALL of its 610,577 citizens – the largest trial run of the concept in the world

Indian state plans universal basic income for ALL of its 610,577 citizens - the largest trial run of the concept in the world

A tiny Indian state is planning on introducing universal basic income for all of its citizens, the largest trial run of its kind in the world.

The state of Sikkim is one of the smallest in India, with a population of just over 610,500 – all of whom would be entitled to the new ‘salary’.

Universal basic income, also known as income guarantee or citizens income, is not means tested and aims to replace other state handouts to ensure that all citizens remain above the poverty line. You’re welcome: The state of Sikkim, located in northeastern India is expecting to roll […]

Roundup: Italy’s cabinet approves criteria for flagship basic income, early retirement reforms

ROME, Jan. 17 (Xinhua) — The Italian cabinet on Thursday approved the necessary criteria for implementing a universal basic income scheme and a pension reform, two flagship measures included in the last budget.

They will provide economic support for the poor, and allow workers to retire earlier, fulfilling two key pledges respectively made by now governing populist Five Star Movement (M5S) and rightwing League in the campaign.

"These two measures are not a response to extemporary electoral promises, but represent a social and economic policy of which our government is proud," Prime Minister Giuseppe Conte stressed at a joint press conference […]

Switching to a new Medicare Advantage plan gets easier

Switching to a new Medicare Advantage plan gets easier

Our daily roundup of retirement news your clients may be thinking about.

Switching to a new Medicare Advantage plan gets easier
Seniors have until March 31 to switch to a new Medicare Advantage plan or swap the existing plan for traditional Medicare with a Part-D policy, according to this article from Kiplinger . Those who intend to get a Medigap policy to supplement their traditional Medicare coverage and cover co-payments and deductibles may not succeed in getting one. That’s because insurers have the option of rejecting Medigap application or impose higher premiums due to preexisting conditions if […]

Meet the Economist Advising BC on Whether to Go Ahead with a Basic Income

Meet the Economist Advising BC on Whether to Go Ahead with a Basic Income

There’s no clear case for or against basic income, says David Green, who is chairing a BC government advisory committee. The idea of adopting basic income in B.C. is appealingly simple.

During an era when the gap between rich and poor is reaching levels not seen since the Gilded Age , machines threaten to automate tens of millions of jobs and owning a home is becoming impossible, the idea that governments should make no-strings-attached cash payments to citizens struggling to survive seems to make sense.

That’s the basic logic of an idea that has been debated and tested in Canada for […]