Public attention directed at the individuals participating in the basic income experiment may undermine the reliability of results

The Finnish basic income experiment and the persons selected to participate in it have attracted considerable public interest. While such interest is understandable, the participants should not be approached any more than they would otherwise be in order not to distort the results of the experiment. From a research standpoint, it is clear that any other media attention also carries the risk of undermining the reliability of the results.

The Finnish basic income experiment has caught the attention of private citizens, media organisations, decision-makers and researchers, both in Finland and internationally. The media are interested in writing stories […]

CANADA: Council of small town Smiths Falls rejects basic income trial, residents disagree

CANADA: Council of small town Smiths Falls rejects basic income trial, residents disagree

Councilors of the small Ontario town of Smiths Falls voted on December 19 last year to reject participation in its province’s basic income pilot , to the objection of residents and the town’s mayor. A petition requesting a re-vote is currently circulating online. The story begins, however, in 2008.

That year The Hershey Company shuttered its Canada operations, at the time based in Smiths Falls, largely for cheaper Mexico-based labor. This exit of the area’s biggest customer precipitated the same by other businesses, and although the ensuing purge of jobs merely reflected a manufacturing decline already underway in the province, […]

Taxpayers want basic income tax slab to be raised to Rs 5 lakh: Survey

Taxpayers want basic income tax slab to be raised to Rs 5 lakh: Survey

A majority of tax payers want the income tax slab to be increased. Photo: Pixabay A majority of general tax payers in India want the basic exemption slab limit to be raised from Rs 2.5 lakh currently to Rs 5 lakh. According to a Deloitte survey, 58% of general tax payers said they wanted the slab limit to be raised from Rs 2.5 lakh to Rs 5 lakh. The report said that this will help widen the tax base and increase compliance. It will place more money in the hands of consumers resulting in increase in demand pick up. […]

Universal Basic Income

Universal Basic Income

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Well, its all the rage nowadays. Universal Basic Income is a fixed sum of money transfered to every person, irrespective of social class or the need for it. Many countries have already experimented with it and most have had success. One of the best past and upcoming examples of this is the one in:

Finland. Its a two-year pilot scheme will provide 2,000 unemployed Finnish citizens, aged between 25 and 58, with a monthly basic income of 560 euros ($581.48) that will replace their other social benefits.Netherlands. A two-year test period is tentatively set to begin in January, and […]

Universal Basic Income For India Suddenly Trendy. Look Out -Jean Dreze

-NDTV

A recent headline in Quartz, an otherwise serious media agency, claims that Jammu and Kashmir is the first state in India to "commit to a universal basic income" (UBI). A glance at the original source quickly negates this claim: it is based on nothing more than "seeds of a thought" (sic) from the Finance Minister of J&K about possible cash transfers for a small minority of poor households. This is not a commitment, and it is not UBI anyway.

There have been other cases of active promotion of UBI in the business media in recent weeks. For example, a guarded […]

Universal Basic Income For India Suddenly Trendy. Look Out

Universal Basic Income For India Suddenly Trendy. Look Out

A recent headline in Quartz , an otherwise serious media agency, claims that Jammu and Kashmir is the first state in India to "commit to a universal basic income" (UBI). A glance at the original source quickly negates this claim: it is based on nothing more than "seeds of a thought" (sic) from the Finance Minister of J&K about possible cash transfers for a small minority of poor households. This is not a commitment, and it is not UBI anyway.

There have been other cases of active promotion of UBI in the business media in recent weeks. For example, a […]

Decoding Universal Basic Income For India

Decoding Universal Basic Income For India

A recent headline in Quartz , an otherwise serious media agency, claims that Jammu and Kashmir is the first state in India to "commit to a universal basic income" (UBI). A glance at the original source quickly negates this claim: it is based on nothing more than "seeds of a thought" (sic) from the Finance Minister of J&K about possible cash transfers for a small minority of poor households. This is not a commitment, and it is not UBI anyway.

<div id=’ndtvrelcontent’></div>There have been other cases of active promotion of UBI in the business media in recent weeks. For example, […]

BONN, GERMANY: “Basic Income tour” hosts inaugural workshop

BONN, GERMANY: “Basic Income tour” hosts inaugural workshop

A group of basic income supporters in Germany is about to launch a nationwide “tour”, featuring a series of events and speakers on the topic. BGE Tournee 2017 will commence in Bonn on January 21, with a series of lectures and discussion periods. (BGE is an abbreviation for “bedingungsloses Grundeinkommen”, the German term for unconditional basic income.)

Invited speakers comprise members of three different German political parties — the Greens (Grüne), Pirates (Piraten), and “the Left” (die LINKE) — as well as representatives from several advocacy groups promoting an unconditional basic income:

– Dagmar Partenoga of the advocacy group Attac .– […]

European Parliament’s legal affairs committee wants to look into basic income in light of robots threat

European Parliament’s legal affairs committee wants to look into basic income in light of robots threat

The European Parliament will vote on a report calling on the European Commission and all EU member states to “seriously consider” basic income in order to address the economic consequences of automation and artificial intelligence.

On Thursday 12 January, European Parliament’s committee on Legal affairs (JURI) adopted a report on “ Civil law rules on robotics ” which considers the legal and economic consequences of the rise of robots and artificial intelligence devices.

According to the report, since “robots, bots, androids and other manifestations of artificial intelligence (“AI”) seem poised to unleash a new industrial revolution, which is likely to […]

Why we should all have a basic income

Why we should all have a basic income

Picture: Supplied Consider for a moment that from this day forward, on the first day of every month, around $1,000 is deposited into your bank account – because you are a citizen. This income is independent of every other source of income and guarantees you a monthly starting salary above the poverty line for the rest of your life.

What do you do? Possibly of more importance, what don’t you do? How does this firm foundation of economic security and positive freedom affect your present and future decisions, from the work you choose to the relationships you maintain, to the […]