Category: Basic Income

Buck and Gracie Close examine their family’s records with genealogist Core Lyles at the White Homestead in Fort Mill, South Carolina. Courtesy of the ACLU. Buck and Gracie Close are funding a basic income program for victims of unjust policing.

They view the program as a form of reparations for their family’s history as slave owners.

The program, supported by the ACLU of Louisiana, is giving $1,000 a month to 12 people. Buck and Gracie Close aren’t shy about their family history.The siblings, both in their 70s, are the descendants of slave owners who operated lucrative cotton mills in […]

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Drums roll… what’s the effect of cash transfers on health in high income countries? Brydon et al reviewed . They found that 75% of them (n= 98) demonstrated beneficial impact, 10% showed inconsistent results, and 15% detected harmful effects. The share of “increase” impact for fertility is noteworthy, but it’s not statistically significant. As such, “… increases to cash transfers are likely to yield beneficial health effects in most domains”.

On a more sobering note, MacNeill and Drummond recount the demise of the Bolsa Verde Program , a cash transfer for environmental conservation among Traditional Communities in the Brazilian Amazon. […]

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AP Photo/Mark Lennihan Some politicians and activists are eager to give you "free" money.

They call it universal basic income (UBI) — cash for everyone, no strings attached.

Comedian Dave Chappelle thinks UBI would "save my community almost instantly."In my new video, UBI activist Conrad Shaw agrees, "You would effectively get rid of extreme poverty immediately."He says a UBI will help people "start businesses, fix their homes or invest in sustainable gardens."Well, "sustainable gardens" might be nice, but someone still has to make stuff. And that requires work — often difficult work.When I was young, If I hadn’t needed to work […]

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GOOD party secretary-general Brett Herron says the GNU’s future will largely be determined by a different group of South Africans. THE first 100 days of the Government of National Unity (GNU) is nothing.

The real test of whether the glue holding the GNU together retains its grip will be in the next 100 days.

This is according to GOOD party secretary-general Brett Herron. He said those with a stake in Mzansi’s economy have broadly welcomed the advent of the country’s first national coalition cabinet.He said the value of the rand and business confidence are up, the fuel price is down, and […]

Full Post at www.snl24.com

It would be nice if someone ran a serious test of universal basic income—give a lot of people significant money for, say, three years. Would people still work? (Vyacheslav Dumchev/Getty Images) @JohnStossel John Stossel is the creator of Stossel TV videos, and author of "No They Can’t! Why Government Fails—But Individuals Succeed." Some politicians and activists are eager to give you “free” money.

They call it universal basic income, or UBI—cash for everyone, no strings attached.

Comedian Dave Chappelle thinks UBI would “save my community almost instantly.”The Daily Signal depends on the support of readers like you. Donate now In my […]

Full Post at www.dailysignal.com

NEW YORK — Some politicians and activists are eager to give you “free” money.

They call it universal basic income (UBI) — cash for everyone, no strings attached.

Comedian Dave Chappelle thinks UBI would “save my community almost instantly.”In my new video, UBI activist Conrad Shaw agrees, “You would effectively get rid of extreme poverty immediately.”He says a UBI will help people “start businesses, fix their homes or invest in sustainable gardens.”Well, “sustainable gardens” might be nice, but someone still has to make stuff. And that requires work — often difficult work.When I was young, If I hadn’t needed to work […]

Full Post at www.dailypress.net

Rarely has social polarisation been so tangible. While poverty is growing, at the top end of the scale the number of super-rich is on the rise. The annual ranking by Manager Magazin shows that the number of billionaires in Germany has recently risen by 23 to 249.

Manager Magazin has published a list of the 500 richest Germans and calculated that their private assets and wealth in 2023 amounted to a record €1.1 trillion, an increase of €53 billion compared to the previous year.

This sum, €1.1 trillion, is almost two-and-a-half times the federal budget for the same year. This […]

Full Post at www.wsws.org