One of the biggest VCs in Silicon Valley thinks he’s found a way to unite liberals and conservatives over basic income

One of the biggest VCs in Silicon Valley thinks he's found a way to unite liberals and conservatives over basic income

Drew Angerer/Getty Images Y Combinator President Sam Altman proposed structuring basic income similar to profit-sharing, but for the GDP.

The idea of basic income has exploded in popularity over the last couple years.

Altman has taken a keen interest in the system and is running a pilot study in Oakland, California, ahead of a larger trial. Sam Altman, the president of Silicon Valley’s most prestigious startup accelerator, Y Combinator, is one of the leading voices in Silicon Valley calling for a radical economic idea called basic income.The idea is meant to lift people from poverty by […]

Sam Altman proposes basic income as GDP ‘profit-sharing’

Sam Altman proposes basic income as GDP ‘profit-sharing’

Drew
Angerer/Getty Images Y Combinator President Sam Altman proposed structuring
basic income similar to profit-sharing, but for the
GDP.
The idea of basic income has exploded in popularity over the last couple years. Altman has taken a keen interest in the system and is running a pilot study in Oakland, California, ahead of a larger trial. Sam Altman, the president of Silicon Valley’s most prestigious startup accelerator, Y Combinator, is one of the leading voices in Silicon Valley calling for a radical economic idea called basic income.The idea is meant to lift people from poverty by […]

“Basic Income” experiment

At last, equalization for the majority of people… the few, the rest, will still live pretty well. That will be the politicians and the creators of the technology that drives it. Probably not many motor homes folks. Basic income won’t buy ’em.

Basic Income: The Free Money Experiments
An inside look at Canada’s pilot program offering participants up to $17,000 a year — no strings attached
Mark Zuckerberg, Elon Musk, Richard Branson and other tech titans are promoting the idea of universal basic income, as a way to help citizens weather job disruptions caused by emerging technologies. Canada […]

Here are the ideas Democrats will fight about in 2020

Vox runs a longish interview with Paul Krugman, who has some interesting insights on a number of issues that are regularly featured on AEIdeas. The Q&A between Krugman and journalist Ezra Klein is worth reading just for the back-and-forth about what the economist and New York Times columnist thinks is really happening with automation, innovation, and US productivity growth.

Krugman sides with techno-pessimist Robert Gordon when it comes to dismissing claims that old-fashioned productivity stats are missing more growth than they used to. For instance, kitchens — a place where we spend a lot of time and do a lot […]

Is a UK basic income pilot possible?

Is a UK basic income pilot possible?

This article is based on a research project conducted by a French student, Lucas Delattre, during the summer of 2016, and updated in October 2017

Introduction

A Citizen’s Basic Income is an unconditional, nonwithdrawable income paid to every individual as a right of citizenship.In 2016, at a discussion on Nick Srnicek and Alex Williams’ book Inventing the Future: Postcapitalism and a world without work (Verso, 2015) at the New Economics Foundation, Ed Miliband was asked what needed to happen to move us towards the implementation of a Citizen’s Basic Income scheme. ‘A pilot project’ was the answer. Others […]

Just heard something hilarious – some people want “universal basic income”

Just heard something hilarious - some people want

Just heard something hilarious – some people want "universal basic income" Not only do they literally want us to pay a salary to people who don’t work, but they also want to give it to illegals too. Are they that insane? But this time this form of Communism will work. The others weren’t doing it right. Well of course they do. They were talking about that back in the 1960’s (I remember). I believe one of the Scandinavian countries decided to go for it this year, or is planning to. The idea is quite simple. If everyone gets a […]

Basic income studies journal

Basic income studies journal

ScienceDirect is the world’s leading source for scientific, technical, and medical research. He was a founding editor of the journal Basic Income Studies. 2008 RG Journal impact, 0. It means lack of basic capacity to Subscribers Only. Access Online JSPES Paid subscribers to the electronic version may click on the link below after registering their IP address by e Twenty years after the fall of apartheid, social and economic disparities persist in South Africa and have a profound effect on the health of the population. 2011 RG Journal impact, 0. Tuesday, June 28th, 2016 10:30 am Universal Basic Income […]

What If Everyone Got a $1,000 Check Every Month From the Government?

What would you do with an extra $1,000 per month? For a lot of Americans, it would go straight into the bank — either toward an IRA, an emergency fund, or some stocks and bonds. For even more of us, however, it would probably go toward some type of frivolous spending. We’d probably go out and make some ridiculous purchases, or go on vacation. That, interestingly enough, is actually what would be intended if the government was handing out checks. Under a national basic income program, that’s exactly what would happen, too.

We’ve written about basic income before. And while […]

Universal basic income is no panacea for us – and Labour shouldn’t back it | Sonia Sodha

Universal basic income is no panacea for us – and Labour shouldn’t back it | Sonia Sodha

There aren’t many ideas that unite trade unionists, the libertarian right, the green movement, and the Silicon Valley tech scene . But that’s the rainbow alliance backing a universal basic income, a centuries-old idea posited as the solution to a range of 21st-century problems. Is its surprising coalition of bedfellows a sign of an idea whose time has at last resoundingly come – or a symptom of a catch-all, superficial fix in search of a problem?

Universal basic income, sometimes called a citizens’ income, is the idea that the state should pay every adult citizen a regular, modest income. It […]

Universal basic income is no panacea for us – and Labour shouldn’t back it

Universal basic income is no panacea for us – and Labour shouldn’t back it

There aren’t many ideas that unite trade unionists , the libertarian right, the green movement, and the Silicon Valley tech scene . But that’s the rainbow alliance backing a universal basic income, a centuries-old idea posited as the solution to a range of 21st-century problems. Is its surprising coalition of bedfellows a sign of an idea whose time has at last resoundingly come – or a symptom of a catch-all, superficial fix in search of a problem?

Universal basic income, sometimes called a citizens’ income, is the idea that the state should pay every adult citizen a regular, modest income. […]