Category: Basic Income

Professor Joseph Stiglitz said that Scotland limited money should be targeted at those most in need Professor Joseph Stiglitz, a key member of the Scottish Government’s council of economic advisers, warned public money would be better targeted at the poor and creating jobs.

The Nobel prize winner’s embarrassing intervention comes just days after the First Minister vow to press ahead with research despite warnings it could cost an extra £12.3billion a year.

Civil servants have warned the policy would be “very costly” and could push income tax above 50p.Ms Sturgeon admitted on Friday the idea “might not turn out to be […]

Full Post at www.express.co.uk

Joseph Stiglitz has argued that money should be "targeted" at those with particularly strong needs. Picture: Getty An economic adviser to the Scottish Government has said he is not in favour of a citizen’s income scheme.

Nicola Sturgeon this week vowed to press on with plans to explore such a scheme for Scotland while acknowledging it “might turn out not to be feasible”.

The First Minister said it would be wrong to be “close-minded” about different approaches to benefits in the face of rapid economic and digital change.Professor Joseph Stiglitz, part of the Scottish Government’s council of economic advisers, […]

Full Post at www.scotsman.com

The Government of Macau has completed the most recent distribution of its annual wealth dividend, providing most residents of the city with an unconditional cash grant of about US$1,200.

The Macau Special Administrative Region (SAR), an autonomous region of the People’s Republic of China, is a resort city with lucrative tourism and gambling industries ( described by Lonely Planet as the “Vegas of China” as a “mecca of gambling and glitz”). The city’s lottery industry has helped to finance its Wealth Partaking Scheme (WPS). Initiated in 2008 and renewed each successive year, the WPS provides a cash dividend to […]

Full Post at basicincome.org

Sturgeon can ‘nick’ more ideas from Scottish Green manifesto, co-convener says

Nicola Sturgeon has been told she can "nick" her ideas for policies from the Scottish Green manifesto.

Party co-convener Maggie Chapman waved the policy document aloft as she told the First Minister there were "plenty of other good ideas in here".The Scottish Government is looking at the feasibility of a Universal Basic Income scheme, an idea the Greens have championed, while SNP ministers will also back a Green bill that will make Scotland the first part of the UK to ban smacking.Ms Chapman also said her party had been […]

Full Post at www.heraldscotland.com

(Image: South Wales Echo) Plaid Cymru would aim to eradicate youth unemployment with a basic income and a new national citizen service for 18 to 24 year olds.

The Plaid economy and infrastructure spokesman Adam Price will outline a “Youth Basic Income” at the party’s conference in Caernarfon .

Mr Price said Plaid would offer “most comprehensive package of support for young people across the entire world” made up of four options.The proposal would include a “guaranteed” job, a national citizen service, support for further and higher education and an enterprise allowance helping young people start their own business.The national citizen […]

Full Post at www.walesonline.co.uk

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Mr Price said the party would offer the “most comprehensive package of support for young people”

Plaid Cymru would try to wipe out youth unemployment if it were in power.In his speech at the Plaid conference, economy spokesman Adam Price will outline what he is calling a “Youth Basic Income” for 18-24 year olds.It would comprise of four options, including work, volunteering, education and business support grants.Adam Price said the party would offer the “most comprehensive package of support for young people across the entire world”.Youth unemployment in Wales was 13.1% for the year to […]

Full Post at britasiannews.com

Daejeon, South Korea. Started in October 2016 a group of young people from Daejeon in South Korea initiated the ‘Tio Su-Ki project’, which was presented by the Basic Income Korea Network (BIKN) at this year’s Universal Basic Income (UBI) summit in Lisbon . The pilot was realized through donations by over 200 participants, out of which 3 winners were selected in a lottery-style competition. The winners received 500,000 won (around 370 €) per month for six months – and all three reported better quality of life and stronger focus on their life goals and interests. One of the winners […]

Full Post at basicincome.org

By August 2018 in Bank accounts 315 000 residents of the California city of Stockton should see the first arrivals. Each of them will pay $500 a month, writes Business Insider.
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In Stockton (CA) will start the experiment to provide citizens with a basic income system for the distribution of funds, in which people receive a fixed sum of money for the mere fact of his citizenship. In 2012, Stockton became the first city in the U.S., which officially declared itself bankrupt. And its economy is still in deep decline. Now the annual income for a family is […]

Full Post at micetimes.asia

Think of the vast part of our lives presently taken up by work: the days and weeks spent searching for a job, the time spent each morning preparing for work, the increasingly long – and unpaid – commutes to work, and then the hours spent being bossed around by a manager to do often rote and repetitive tasks. After all this, we commute home, exhausted, only to repeat the cycle again the next day. The weekends offer brief respite for entertainment, but all too often serve simply as a moment to rest and recover for Monday yet again. A […]

Full Post at www.imagine-universal-basic-income.com