Category: Basic Income

Could a basic income counter robots?

Could a basic income counter robots?

Losing your job to a robot might not necessarily be all doom and gloom with universal basic income. Losing your job to a robot might not necessarily be all doom and gloom if governments revolutionise the way we can earn a crust.

That’s the hope of social policy academic Professor Greg Marston, who wants Australia to join other nations in debating the merits of introducing a universal basic income to help with an expected surge in unemployment that the rise of robots may bring.

The University of Queensland academic and other proponents of the UBI, including Facebook founder Mark Zuckerberg and […]

Here It Is ~ The Last Brave-New-World…..!

Living with a daily glut of breaking-news, we can be excused for not recognizing news that is truly epic. While sorting through the daily tweets and twists from the White House, and the daily roar and reaction from the critics, it’s easy to see why we are caught up in what is daily.

But what about the day after….? Because ready or not, it’s coming.

When it does, our fixation with yesterday [Make America Great Again] will eventually run into tomorrow [Amazon]. In other words, while the White House preaches jobs for a dying coal industry and […]

Science Silicon Valley startup tests universal basic incomeFor when the robots take all our jerbs

http://www.businessinsider.com/y-combinator-basic-income-test-2017-9

One of the biggest VCs in Silicon Valley is launching an experiment that will give 3,000 people free money until 2022

Y Combinator, the largest and most prestigious startup accelerator in Silicon Valley, has announced new details of its upcoming experiment to give Americans free money. YC will select 3,000 people across two states and divide them into two groups. The first group will include 1,000 people who will receive $1,000 a month for up to five years. The second group of 2,000 people — which the study will consider its control group […]

Rimac Plans To Unveil Concept Two Electric Hypercar In 2018

Rimac Plans To Unveil Concept Two Electric Hypercar In 2018

Rimac is planning on introducing an even more advanced hypercar in the future times. This will outdo all the others in matters having to do with structure and function.

Rimac will unveil its supercar by the time 2018 comes ambling along. It will not only be more comfy but costlier than the Concept One. The performance of this vehicle will be tops.

Termed the Concept Two, it will not bear this title when it comes out though, according to AutoCar . While it will be more spacious, it will still have two seats inside it for the passengers. Plans […]

Arvind Subramanian to stay on as Chief Economic Advisor

Arvind Subramanian to stay on as Chief Economic Advisor

Chief Economic Advisor Arvind Subramanian. | Photo Credit: Chief Economic Adviser (CEA) Arvind Subramanian, who had planned to return to the U.S. after his three-year tenure ended on October 16, has been persuaded by the government to stay back for another year.

Official orders to this effect will be issued soon, Union Finance Minister Arun Jaitley said on Saturday, putting an end to rumours about Dr. Subramanian’s resignation.

“All the speculation in the media is factually incorrect. The CEA’s first three-year tenure ends on October 16. I have already signed the file, and you will soon be getting a formal release […]

Authority OKs physician recruitment plan

Authority OKs physician recruitment plan

VALDOSTA — To combat the decrease of physicians and the increase in demand, the Hospital Authority of Valdosta and Lowndes County approved a new physician recruitment plan during a meeting Wednesday.

The recruitment plan includes benefits to incentivize more physicians coming to and staying in Valdosta/Lowndes County. One benefit in the plan is a guaranteed income for the first year of a new practice.

David Winkle, Hospital Authority general counsel, said physicians face an economic strain on getting a new practice going because of the uncertainty of income."Anyone in the health-care field will tell you that just because you see a […]

The Expanse’s Basic Support vs. Basic Income

The Expanse's Basic Support vs. Basic Income

The Expanse is a series of science fiction novels that is also now a TV series with two seasons available to watch so far. In this universe, in the not too distant future, humanity has moved beyond Earth to extend its reach throughout the entire solar system. Mars is an independent military power, asteroids and various moons throughout the system are colonized, and Earth is a planet with 30 billion people where only half the population has a job. The solution to technological unemployment in this universe, and only available on Earth, is something called "basic support," commonly referred […]

The Positive Outcomes of Guaranteed Income in Kenya

The Positive Outcomes of Guaranteed Income in Kenya

NAIROBI — GiveDirectly has been experimenting with what happens when you give extremely poor people a guaranteed income for up to 12 years . Working within rural Kenya, the GiveDirectly experiment is based on a randomized control trial comparing four groups of villages. This experiment relies on two things, giving money directly to poor people, and documenting how they use their new income. Traditional conditional cash transfers are those in which the government, or charity,

Traditional conditional cash transfers are those in which the government or a charity transfers money to persons who meet certain criteria. GiveDirectly operates differently; it […]

Joe Biden’s Platform for 2020: Anti-Populism

Joe Biden’s Platform for 2020: Anti-Populism

On Monday, former Vice President Joe Biden wrote a blog post that proves two things: Blogging isn’t dead and neither is Biden’s political career. In fact, in Biden’s essay, and in other little-noticed public pronouncements, you can see him sculpting a role for in the 2020 presidential campaign that perhaps only he could get away with playing: the voice of anti-populism.

Though Biden’s essay was largely ignored amid the constant hum of Trump-related stories, it made a bit of news in wonk circles because Biden used it to announce his opposition to a “universal basic income,” that newly vogue policy […]

UNITED STATES: Joe Biden believes that jobs are the future, rather than basic income

UNITED STATES: Joe Biden believes that jobs are the future, rather than basic income

Joe Biden. Credit to: GQ.

Joe Biden , Obama’s ex-vice president, is confident that the reinforcement of the job-centered culture is the answer to the challenges already affecting work marketplaces in the US, as written in his blog at the Biden Institute. He supports this vision instead of the idea increasingly put forward by Silicon Valley moguls: unconditional basic income.

Biden, recalling his father’s words, wrote that he considers jobs to not only be a source of income, but also and foremost about “human dignity and self-respect”. Given that starting position, he is campaigning for an American economy that grows […]