Tag: basic income

Basic income is one of the hottest topics in Silicon Valley right now. With growing backlash against the tech industry and the specter of automation looming over millions of Americans, more and more tech titans are urging policymakers to consider guaranteeing every citizen a livable income in the form of direct cash welfare.

None of the tech industry’s elite has given this more thought than Facebook Co-Founder Chris Hughes, who just published a new book on the topic, Fair Shot . Fair Shot is easily the most comprehensive and practical document on basic income I’ve read; if you’re interested in […]

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The Royal Society for the encouragement of Arts, Manufacture and Commerce (RSA), has proposed offering everyone in the country £10,000.

They argue that the payment, which would come in two separate instalments of £5000 over the course of two years, would help promote self-improvement and training as well as assisting those on low incomes.

The payment wouldn’t be means tested but would only be given once recipients could show they intended to use it constructively.The RSA has said that money woud act as a “stepping stone” towards a universal basic income. Matthew Taylor, who leads the RSA, believes that the […]

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The central design features proposed in the Economic Survey 2016-17 offers a weak foundation and implementing such a UBI scheme without deeper analysis or large scale experimental evaluations can produce underwhelming results, said the report. Photo: Mint New Delhi: A universal basic income (UBI) for Indian citizens cannot come at the cost of withdrawing existing welfare schemes and an exclusive reliance on Aadhaar-linked welfare payments for cash transfers can prove to be short-sighted, says new research.

The central design features proposed in the Economic Survey 2016-17 offers a weak foundation and implementing such a UBI scheme without deeper analysis or […]

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Universal Basic Income.Scott Santens/Flickr The topic of universal basic income (UBI) has been a hot-button issue among economists, financial experts, legislators, and tech industry giants for years. Some say that it will increase productivity while others claim the opposite. According to one study, however, providing people with a safety net actually makes them more likely to work hard and even find a second job.

Data published by the University of Chicago Harris School of Public Policy indicate that UBI doesn’t cause people to quit work. On the contrary, it causes them to find part-time jobs. This is according to the […]

Full Post at www.econotimes.com

Why Obama should have done more to prevent Russian collusion Stockton, California, is set to experiment with a universal basic income plan in which select individuals will be given $500 a month, no strings attached.

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Gwynne Dyer speaks to high school students in Springhill on Feb. 15. – Chris Gooding Students introduced to idea of Universal Basic Income

SPRINGHILL – Tax the robots, but first a few notes about American politics.

Grade 11 and 12 students from Amherst Regional High met up with their counterparts at Springhill High to listen to the insights of international columnists and commentator Gwynne Dyer on Feb. 15. Hailing from Newfoundland but now living in the United Kingdom, Dyer visited the Springhill High School as part of is lecture series ‘The Trump Era: Surviving the Populous Era.’President Donald Trump, […]

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A little less than a month ago, on January 23, the Parliamentary Assembly of the Council of Europe (PACE) ruled on Basic Income, voting mostly in its favor. It was done in the winter session, the first of the four that take place every year, and among the topics to be discussed, on the proposal of the Italian Nunzia Catalfo, of the Committee of Social Affairs, Health and Sustainable Development, was the so-called ” basic citizenship income “(basic citizen income).

See original (not translated) news ➥ See translated news ➥
At this point, almost all experts agree that […]

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[File Photo] One sign global inequality is reaching crisis proportions: In mainstream economic circles, the once-radical idea of free money for all is gaining currency.

The concept, formally known as "universal basic income," was a hot topic at this year’s annual meeting of the World Economic Forum annual meeting in Davos, Switzerland. And while not a new idea, it is now being taken seriously, said Guy Standing, an economist at SOAS University of London.

"For 30 years I’ve been working on basic income, and for the first 20 years I was regarded as mad, bad and dangerous to know," Standing told […]

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Could Apple be taxed and the money rerouted into our own pockets? It could very well happen in the near future. A new idea, known as “ Universal Basic Income ” which will tax high-earning tech companies, has captured the imaginations of both the general public and Silicon Valley.

The idea is that, with funnelled money coming from tech giants – who usually either don’t pay correct tax fees or intentionally base themselves in locations where taxes are severely reduced – goes to the common person so they can use the money for education, training, or opening their own business. […]

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