Category: Basic Income

The Insane Join Date Jan 2010 Location San Diego, CA – USA Posts 18,435 This California gubernatorial candidate wants state-funded ‘universal basic income’ for everyone
Source: http://www.latimes.com/politics/esse…htmlstory.html

Zoltan Istvan, whose long-shot presidential campaign in 2016 included a campaign bus shaped like a coffin, says he’s jumping into California’s 2018 race for governor.
Istvan will run as a Libertarian and said his campaign will focus on the radical economic and lifestyle transformations being brought about by new technology and science, from the impacts of driverless cars to genetic engineering. “Someone has to step forward with more […]

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I sometimes play a game of “good, better, best”. The “best” represents the ideal, the thing we should all strive for. “Good” and “better” represent more likely outcomes or compromises.

No one seems to disagree that whatever the US is doing regarding poverty, we are terrible at it. It has created a nation of dependents who have little freedom. We have perverse incentives, rewarding people for bad behavior and punishing them for good behavior. For instance, if you go out and earn a little money, you lose even more money in benefits. We also have vast hordes of power-hungry bureaucrats […]

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The proposal of UBI suggests providing an estimated 0 to 0 yearly income for the majority of Indians, which could be equivalent to about 4% to 5% of India’s gross domestic product. Noting that social welfare programmes of the government were not very effective in reaching the target citizens of the country, chief economic adviser Arvind Subramanian on Friday advocated a Universal Basic Income (UBI) for India. Delivering a lecture on the Economic Survey 2016-17 at the Indian Institute of Management, Ahmedabad (IIM-A), Subramanian said the idea had been gaining ground both in India and internationally, and the world […]

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Universal Basic Income

Mission Alignment

Our mission is to unlock human potential by training a diverse, inclusive student body to succeed in high-fulfillment technical careers. As your technical careers progress, most of the work you will do is to automate processes that have been done manually. Our mission is to “unlock human potential.” The software we write enables it’s users to be more productive, and to direct energy toward solving increasingly difficult problems. However, some automation, especially of physical processes, can force some out of the jobs they’ve done for years. This has the potential to do more harm […]

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I’ve never been a fan of the term "earn your own way" since basically everybody begs for their first job, and opportunity is shaped by external forces, and salary depends on perception and luck, rather than gumption and productivity.

Anyway, one of the arguments for Basic Income is that people are becoming less useful. There isn’t any nice way to put that. It just is.

If you lose your prestigious factory job, because robots and Malaysian children can do it for $1/day, then that’s just how little you are worth. $1/day. There’s no comfort to be had in pretending otherwise. Hey […]

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Ahmedabad: Chief economic advisor Arvind Subramanian said on Friday that the Universal Basic Income (UBI) advocated by the Economic Survey can be put in place only after the withdrawal of existing welfare schemes.

“The cost of this programme (UBI) is so huge that it cannot be an add-on to the existing programmes as the government cannot afford it and the government’s finances will go bust,” Subramanian told students of the Indian Institute of Management Ahmedabad (IIMA). “In India, UBI is about upliftment of the poor… The government spends a lot of money on social welfare schemes, but they do not […]

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"The cost of this programme (UBI) is so huge that it cannot be an add-on to the existing programmes (welfare schemes) as the government cannot afford it and the government’s finances will go bust," Subramanian said. People will make a hue and cry if something given to them is withdrawn, Mr Subramanian said. Ahmedabad: Chief Economic Advisor Arvind Subramanian today said Universal Basic Income (UBI), as proposed in the recent Economic Survey, can be put in place only after withdrawal of the existing welfare projects.

"The cost of this programme (UBI) is so huge that it cannot be an add-on […]

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Arvind Subramanian says a pre-requisite for Universal Basic Income is a functional Jan Dhan, Aadhaar and Mobile system that ensures cash transfers directly to the accounts of beneficiaries. Photo: Pradeep Gaur/Mint Ahmedabad: Chief economic advisor Arvind Subramanian said on Friday that the Universal Basic Income (UBI) advocated by the Economic Survey can be put in place only after the withdrawal of existing welfare schemes.

“The cost of this programme (UBI) is so huge that it cannot be an add-on to the existing programmes as the government cannot afford it and the government’s finances will go bust,” Subramanian told students of […]

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Defenses of a universal basic income (UBI) often focus on the efficiency gains of replacing leaky, ad hoc social safety nets with the simpler UBI; the labor market lubrication that goes with workers knowing they’ll have an income if they choose to change jobs or start their own business; and how the program complements the “gig economy” by assuring that freelancers have a stable income along with their other less dependable income sources.

I don’t deny any of these, but my own thinking about a UBI takes a darker form. We need a UBI to ward off evil.

The “ Liberalism […]

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What is work? Clare Ozich, Executive Director of the Australian Institute of Employment Rights (and co-editor of the Green Agenda), considers how a universal basic income (UBI) policy could change how we evaluate the meaning of work in our society in her essay ‘The emancipatory potential of a Universal Basic Income’.

Advocates of UBI believe by setting a standard of living through a yearly income for everyone-it would create a floor no one would fall beneath, eliminating poverty. How we implement it successfully is still being tested in countries around the world. (Studies are currently being planned or done […]

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