Category: Basic Income

Weymouth and Portland has lowest average weekly wages in the country

Weymouth and Portland has lowest average weekly wages in the country

‘We can’t go on like this’: Weymouth and Portland has lowest average weekly wages in the country has the lowest average weekly wages in the country, new statistics reveal.

The rate is just £282.90 a week according to the latest data from the Office of National Statistics.

The average weekly pay for the area fell by a whopping 8.3 per cent last year.The average weekly wage in Weymouth and Portland is £25 below the next worst – Rother, near Sheffield.The stark figures come as council chiefs and other partners try to improve the borough’s fortunes through a programme of regeneration. Some […]

Blanket tax cut leaves the poor out in the cold, says think tank

Blanket tax cut leaves the poor out in the cold, says think tank

Budget 2018 fails to address demographic transitions such as an ageing population and rapid urbanisation, says Centre for Public Policy Studies. – The Malaysian Insight pic by Zainal Abd Halim, October 28, 2017. THE 2% income tax reduction for the three income brackets benefited the upper and middle classes while leaving the lower income group to fend for themselves, said the Centre for Public Policy Studies (CPPS).

In a statement today, CPPS said the blanket tax cut in Budget 2018 was poorly designed, mis-targeted, and regressive.

"It is a blanket tax cut which primarily benefits the upper and middle classes as […]

Stockton Ca. to try, well… not exactly Universal Basic Income, more like Limited Part-time Minimum Wage Income

Stockton Ca. to try, well... not exactly Universal Basic Income, more like Limited Part-time Minimum Wage Income

downstairs : having a job is essential for emotional health and social status

Nope, try again. A job is many things to many people, and there are people without jobs that are emotionally healthy and have a fine social status.

I also happen to know of MANY jobs that are terribly damaging to emotional health, so go ahead and remove your blanket statement from the issue at hand, thanks. Both you and fus are right.It’s pretty interesting talking to people from other countries on this subject, especially folks who’ve lived/grown up in places like Russia or Austria, where you work […]

It’s Time to Shift Our Society to Robotic Labor and a Basic Income

It’s Time to Shift Our Society to Robotic Labor and a Basic Income

The economy is in between gears right now, and if society choose to move into the next gear by fundamental severing human labor and income, we will be able to accomplish so much more with so much less and prosperity could be greatly increased for everyone. A Turning Point

The economy is in between gears right now, and that’s a growing problem because as is true with all higher gears, we could be accomplishing so much more with so much less and prosperity could be greatly increased for not only the lucky few, but everyone. What do I mean? […]

Can a Basic Income Improve Lives? This California Mayor Wants to Find Out

Can a Basic Income Improve Lives? This California Mayor Wants to Find Out

How would your life change if, every month, somebody simply gave you adequate cash to cowl your fundamental wants?

Would you journey extra?

Would you pursue a ardour?Would you return to highschool and get a level? Would you merely sleep higher at night time realizing you’ll have meals on the desk and sufficient cash to pay your payments? These are the questions Michael Tubbs, the 27-year-old mayor of Stockton, California, desires everybody to have the ability to reply. Stockton’s Primary Revenue Experiment Tubbs, who grew up within the central California metropolis, lately introduced the launch of an experimental program that can […]

Tyson faces more resistance to its poultry complex, this time in Sedgwick County, Kansas

Tyson faces more resistance to its poultry complex, this time in Sedgwick County, Kansas

The “No Tyson Wichita and Sedgwick County Group,” will host speakers critical of the impact of the chicken complex. WICHITA, Kan. – In September, Tyson Foods and city officials in Tonganoxie, Kansas, announced plans for the processor to construct a $320 million chicken complex just outside the city limits in Leavenworth County. Citizens of the area protested and ultimately convinced city officials to roll up its welcome mat Tyson is now working with the Greater Wichita Partnership and considering Sedgwick County for the project. But, concerned residents are looking at what happened in Tonganoxie and asking questions.

On Saturday, Oct. […]

Just how quickly will AI take your job?

Mother Jones writer Kevin Drum argues in a longish piece that AI improvement has gone exponential , and mass technological unemployment is nigh — if it isn’t starting already. So policymakers better start seriously considering a rich variety of responses: universal basic income, new taxes on smart robots, high taxes on rich humans, and AI-robot nationalization. It all certainly makes for interesting speculation. And stories about stunning advances, such as AlphaGo Zero, give such speculation a degree of weight.

But that’s as far as it goes, or at least should go. I wish Drum had given more time to experts […]

Basic income can’t be ignored, says Vatican expert

Basic income can't be ignored, says Vatican expert

Vatican economic advisor Charles Clark promotes basic income as part of poverty solution during a keynote address at St. Michael’s College in Toronto Oct. 20. A basic income guarantee, such as the pilot project currently running in three Ontario communities, is not an infallible teaching of the Catholic Church, but it can’t be dismissed, one of the Vatican’s top economic advisors told an interfaith conference on basic income.

“There’s no Catholic economic policy,” conceded economist Charles Clark in a keynote address to about 40 academics and basic income advocates at the University of St. Michael’s College in Toronto Oct. 20.

“We […]

It’s worth it to have a look at Gold Standard Ventures Corp (GSV)

It’s worth it to have a look at Gold Standard Ventures Corp (GSV)

Gold Standard Ventures Corp (NYSE:GSV) is an interesting stock at present. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

Gold Standard Ventures Corp (NYSE:GSV) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For GSV, the company currently has 41.39 million […]

Is Basic Income Better than Research Grants?

Is Basic Income Better than Research Grants?

Researchers Krist Vaesen from the Netherlands and Joel Katzav from Australia, have published a paper in Plos One where they analyze what would happen if research money was equally distributed among researchers without the need for grant applications. The paper discusses the results of such a policy in the United States, Netherlands, and the United States. This paper was then discussed by Times Higher Education writer David Mathews who published an article discussing the idea that Basic Income could be a better option than writing research grants for academics. The Times Higher Education is a leading company that uses […]