Category: Basic Income

Campaigner Ben Simmons explains how a basic income could heighten "romantic mobility"

IT IS widely reported that Richard Nixon was scared of implementing a basic income in the United States in 1969 by the increase in divorce rates in Seattle and Denver trial schemes.

This finding was later debunked when the evidence was re-analysed, but I think that we should be optimistic that if we were to implement a basic income today we would see something like it come to pass.The fact is that society’s more permissive attitude to ‘living in sin’ and the implementation of civil partnerships has […]

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Campaigner Ben Simmons explains how a basic income could heighten “romantic mobility”

IT IS widely reported that Richard Nixon was scared of implementing a basic income in the United States in 1969 by the increase in divorce rates in Seattle and Denver trial schemes.

This finding was later debunked when the evidence was re-analysed, but I think that we should be optimistic that if we were to implement a basic income today we would see something like it come to pass.The fact is that society’s more permissive attitude to ‘living in sin’ and the implementation of civil partnerships has led to […]

Full Post at realmedia.press

Adnan Abidi / Reuters India is toying with the ambitious and radical idea of a universal basic income which proposes to pay a certain income amount – in cash or in kind – to every single citizen regardless of willingness to work or any other pre-condition. However, NITI Aayog Vice Chairman Arvind Panagariya, has warned that the country simply doesn’t have the fiscal resources to pay for such a massive exercise.

Panagariya told the Indian Express that the sum that would be required to pay every Indian at even the current poverty line rates cannot be matched by the country’s […]

Full Post at www.huffingtonpost.in

Ever since Arvind Subramanian confirmed that the idea of universal basic income (UBI) would make its way into the upcoming Economic Survey back in September, speculation has been rife on its possible implementation in this year’s budget . UBI proposes to make unconditional cash transfers to all on an individual basis. In the context of the developing world, the basic premise of UBI is that, in a modern civilised society, it is unacceptable that a person is unable to fulfill his basic needs simply because he cannot find a job. It is one of those rare concepts where economists […]

Full Post at www.firstpost.com

Former Prime Minister Manuel Valls has one last chance to save his French presidential bid on Wednesday night when he tackles the party dissident set to claim the Socialist nomination in a televised debate.

Valls intends to hammer away at 49-year-old Benoit Hamon’s proposal for a universal basic income as he seeks to turn around a five-point deficit in Sunday’s run-off for the nomination. Hamon resigned from Valls’s government in 2014, claiming it had abandoned Socialist principles. Valls, 54, used an interview with France Info radio Tuesday to paint his rival’s platform as too leftist and unrealistic.

“Voters have a clear […]

Full Post at www.bloomberg.com

Paul Ratner in Big Think : ScreenHunter_2536 Jan. 24 20.48 Jobs were a big topic in the 2016 Presidential election in the United States and continues to be a hot-button issue. The loss of manufacturing jobs in the Rust Belt states was largely responsible for propelling Donald Trump to a surprise win. As President-elect, Trump has continued to push the jobs message, making deals like his recent involvement in the fate of Indiana’s Carrier plant to show that he will bring jobs back to regions with great job loss. Yet, regardless of such efforts, many futurists are predicting that […]

Full Post at www.3quarksdaily.com

Image by Marc van der Chijs (License CC BY-SA 2.0) The idea of societies having a basic income has been gaining momentum for the past several years. Currently, there are several pilot projects of varying sizes going on around the world. Some of them in places you might not expect. Today, I’d like to walk you through some of the most interesting basic income pilots currently underway, and a couple that are still in the planning stages.

The Finland Basic Income Experiment

In December of 2016, Finland’s national government authorized a two year, basic income pilot project, giving […]

Full Post at theunderemployedlife.com

Universal basic income is emerging as a realistic policy position across Europe. As we reported in late 2015, local authorities across the Netherlands are currently running trials to award every citizen unconditional money from the state. And this year, Finland started an experiment of 2,000 randomly selected people, all of whom currently receive out of work benefits.

The first monthly payments of €560 ($590) were paid into those people’s accounts within the last week, and the trial will examine the impact of that money on overall employment. Now, sweeping further to the west, plans are underway to establish basic income […]

Full Post at www.occupy.com

Vice Chairman of Niti Aayog Arvind Panagariya NITI Aayog Vice Chairman Arvind Panagariya is of the firm view that the country simply does not have the necessary fiscal resources for a Universal Basic Income scheme, a proposal being advocated by Chief Economic Advisor Arvind Subramanian. Subramanian will delve upon the possibilities of such a scheme in the Economic Survey which, if accepted by the government, could be an unprecedented decision anywhere in the world.

In an interview to The Indian Express, Panagariya said, “At the current level of income and our needs for investment in health, education, infrastructure and defence, […]

Full Post at indianexpress.com