Category: Basic Income

Response to LongTomH (Original post)

Sun Oct 15, 2017, 01:11 PM income. Whether they are washing dishes at the local greasy spoon, frying burgers at McDonalds or not working at all. If they want to raise their standard of living they can look for other opportunities to earn more money.

Mrs. Stonepounder and I live fairly comfortably on our Social Security. We don’t live in a McMansion, we drive a 10 year old car, but we have the income to keep our dogs and ourselves healthy and well fed, we have a roof over our head, and enough […]

Full Post at demu.gr

There’s no doubting the employment trajectory: robots will replace humans for many different tasks at the workplace. Will this lead to new forms of work and new opportunities or will it lead to greater societal polarization?

Earlier in 2017 the accountancy firm PwC reported on a survey that found robotics and artificial intelligence could affect almost a third of jobs in advanced economies by the 2030s. In particular the "more manual, routine jobs" which "can effectively be programmed" were deemed to be the most at risk. What does this mean for future employment? The PwC report inferred that automation could […]

Full Post at www.digitaljournal.com

Universal basic income (UBI) is becoming respectable. Less than a decade ago, its principal supporters were weed-smoking hippies and Star Trek aficionados: “serious people” either laughed or sneered at it. But now, it counts among its supporters a growing number of top economists , entrepreneurs and financiers . Governments around the world are evaluating its use, and some are embarking on pilot studies . Businesses are partnering with not-for-profit organizations to conduct serious research into the costs and benefits of UBI.

And now, the IMF has joined the party. In its latest Fiscal Monitor , it evaluates UBI as a […]

Full Post at www.forbes.com

By: PTI | Washington |
Published:October 15, 2017 8:00 am Director of Fiscal Affairs Department of the IMF, Vitor Gaspar said the IMF opted for India as a case study mainly because the UBI is particularly attractive when it replaces inefficient and inequitable public spending programs.

The IMF on Saturday shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced by the Universal Basic Income (UBI) in India. The reports emerged in a section of media after the International Monetary Fund (IMF), in its annual Fiscal Monitor report, said the UBI will […]

Full Post at www.whatsupme.com

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“}else h=”https://www.newsnow.live/wp-content/uploads/2017/10/1508038916_140_www.news18.com”;return h} function convertToSlug(e){return e.replace(” (W)”,”https://www.newsnow.live/wp-content/uploads/2017/10/1508038916_140_www.news18.com”).replace(” (C)”,”https://www.newsnow.live/wp-content/uploads/2017/10/1508038916_140_www.news18.com”).toLowerCase().replace(/[^w ]+/g,”https://www.newsnow.live/wp-content/uploads/2017/10/1508038916_140_www.news18.com”).replace(/ +/g,”-“)} function get_ipl_teams_short(a){var r=new Array;return r.Kolkata=”KKR”,r.KOL=”KKR”,r.MUM=”MI”,r.Mumbai=”MI”,r.HYD=”SRH”,r.Hyderabad=”SRH”,r.PUN=”RPS”,r.Punjab=”KXIP”,r.PNJ=”KXIP”,r.Bangalore=”RCB”,r.BLR=”RCB”,r.Delhi=”DD”,r.DEL=”DD”,r.Pune=”RPS”,r.Gujarat=”GL”,r.GUJ=”GL”,r.TBC=”TBC”,a in r?r[a]:a} var updateTopScoreWidgetNews18=setInterval(function(){news18_top_widget_live_scores() }, 20000);}); The IMF’s observation was based on the results of a microsimulation analysis of a policy reform that replaces food and fuel subsidies in India with a UBI. Washington: The IMF on Sunday shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced […]

Full Post at www.newsnow.live

By Lalit K Jha

Washington, Oct 15 (PTI) The IMF today shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced by the Universal Basic Income (UBI) in India.

The reports emerged in a section of media after the International Monetary Fund (IMF), in its annual Fiscal Monitor report, said the UBI will outperform the PDS in terms of coverage, progressivity, and generosity.The IMF’s observation was based on the results of a microsimulation analysis of a policy reform that replaces food and fuel subsidies in India with a UBI.Director of Fiscal Affairs Department […]

Full Post at businessworld.in

Washington: The IMF on Sunday shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced by the Universal Basic Income (UBI) in India.

The reports emerged in a section of media after the International Monetary Fund (IMF), in its annual Fiscal Monitor report, said the UBI will outperform the PDS in terms of coverage, progressivity, and generosity.

The IMF’s observation was based on the results of a microsimulation analysis of a policy reform that replaces food and fuel subsidies in India with a UBI.Director of Fiscal Affairs Department of the IMF, Vitor Gaspar, […]

Full Post at www.news18.com

Director of Fiscal Affairs Department of the IMF, Vitor Gaspar said the IMF opted for India as a case study mainly because the UBI is particularly attractive when it replaces inefficient and inequitable public spending programs.

The IMF on Saturday shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced by the Universal Basic Income (UBI) in India. The reports emerged in a section of media after the International Monetary Fund (IMF), in its annual Fiscal Monitor report, said the UBI will outperform the PDS in terms of […]

Full Post at indianexpress.com

The Labour Party want to push a Universal Basic Income, which will see people provided with the ‘necessities’ for a reasonable standard of living (Image: PA Photo/thinkstockphotos) Should the Government provide us with free food, transport , a phone and an internet connection?

That’s the question raised in a new report by academics.

It may sound like science fiction, but Labour is taking the idea seriously.John McDonnell, Labour’s Shadow Chancellor, said: “Rapid technological changes are a profound challenge for our economy and society. This report offers bold new thinking on how we can overcome those challenges and create an economy that […]

Full Post at www.chroniclelive.co.uk