Paying everyone a basic income is not a realistic or fairer way to tackle poverty

Paying everyone a basic income is not a realistic or fairer way to tackle poverty

John Kay and Mary Bonsu argue against the motion that ‘Paying everyone a basic income is a realistic/fairer way to tackle poverty’. The debate took place on October 5th 2017 at the Highgate Literary and Scientific Institution in North London. Speaking in support of basic income was Dr Malcolm Torry of the Citizens Basic Income Trust. Basic income calculator John Kay

Mary and I have a difficult task this evening. Dr Torry has offered to lead us to the promised land. Our job is to explain that the road to the promised land is long and stony, that the […]

Is Basic Income Coming to Brampton?

Is Basic Income Coming to Brampton?

Imagine if everyone in Brampton was guaranteed a sum of money to meet their basic needs and stay on their feet each month. As people struggle with basic needs like food and housing across our city, a basic income could improve the quality of life for a lot of Bramptonians. Though it might sound idealistic or radical to some, a basic income pilot project has officially launched in parts of Ontario this month – and it could reach Brampton if it’s successful.

This month, four hundred people from Hamilton, Brantford, Brant County and Thunder Bay and the surrounding area will […]

Letter From The Editor: Future of Head Butler

Letter From The Editor: Future of Head Butler

Dear Friends, HeadButler.com is at an inflection point.

After 13 years, its business model no longer works.

The business model — as I note at the top of every piece I publish — is Amazon.Butler makes money when I review something and you click to buy it on Amazon.And Butler makes money when you click from Butler to Amazon and buy something else. Either way, I get a commission of 7-8%. Pennies, really. But pennies become dollars. And dollars add up.A ringing cash register wasn’t the reason I launched Butler in 2004. Back then every magazine and website reviewed pretty much […]

Universal Basic Income and the Threat of Tyranny

Universal Basic Income and the Threat of Tyranny

Much praise has been heaped on the idea of a universal basic income in recent years. Experiments have begun in many countries, some mainstream politicians are starting to advocate it, and if we listen to many thinkers, especially among the Internet and tech crowds, it seems like our inevitable future. This is quite understandable, as the idea attempts to solve a real problem: with the advance of technology, fewer and fewer people are required to produce the amount of wealth required to sustain more and more people. Rather than invent more and more artificial jobs and scarcities, why not […]

Budget day promises tax cuts for squeezed middle

Budget day promises tax cuts for squeezed middle

One of the biggest talking points ahead of this year’s Budget has been promised tax cuts for the so-called ‘squeezed middle’. The Taoiseach Leo Varadkar has pledged on numerous occasions that the threshold at which people pay the higher rate of income tax will rise. That priority is one echoed by Fine Gael grassroot members in the Cavan and Monaghan constituency.
Ahead of Budget 2018, each constituency was asked to distribute a survey of Budget priorities among its members. The results were to be collated and returned to party HQ for consideration. The Cavan Monaghan submission or ‘wish list’, […]

Scotland Considers ‘Universal Basic Income’

Scotland Considers ‘Universal Basic Income’

Scotish First Minister Nicola Sturgeon has proposed a lavish universal basic income for every man, woman, and child in Scotland aimed at replacing its welfare system. The proposal calls for a family of four to receive 112 percent of the median salary for the rest of their lives, whether they work or not. Scotland First Minister Nicola Sturgeon is the first world leader to propose the so-called “universal basic income” in a move that would literally provide roughly $200 a week to every citizen for the rest of his or her life.

For a family of four, that would come […]

This Simple Tax Policy Change Could Boost The Cash, Credit, And Well-Being Of The Working Poor

This Simple Tax Policy Change Could Boost The Cash, Credit, And Well-Being Of The Working Poor

The Earned Income Tax Credit (EITC) is widely considered the federal government’s most effective anti-poverty program. Sending tax refund checks to millions of low-income Americans every year, it helps people keep more of what they earn, and helps people stay working (and not claiming other benefits). In the 2015 tax year, more than 26 million families and individuals received the EITC, with an average payout of about $3,000 (the maximum amount available is about $5,500). Unusually, the EITC also has broad bipartisan support. Everyone from Paul Ryan to Barack Obama to Ro Khanna , a liberal Democrat congressman from […]

Confronting New Innovations

Confronting New Innovations

McKinsey Digital released a finding in 2016 based on the labour force of 46 countries that a third of tasks involved in 60 percent of jobs could be automated with today’s technology. Labour that is routinized like packaging products to equipment maintenance is easily done by robots.

In fact, when a factory in Dongguan City replaced 90 percent of its human labour with machines, productivity increased 250 percent as a result. Recently, Amazon launched delivery drones that promised to provide a more rapid and safe delivery service in the United Kingdom. As for mining, I don’t see how the industry […]

Basic Income Grant under consideration

Basic Income Grant under consideration

Tackling inequality… Minister of Poverty Eradication and Social Welfare Zephania Kameeta (centre) with representatives from Omusati, Ohangwena, Oshana and Oshikoto at a meeting to discuss the blueprint and implementation plan to tackle poverty and inequality. Photos: Nuusita Ashipala Ongwediva-In eradicating poverty and addressing income inequality, the Ministry of Poverty Eradication and Social Welfare has reiterated its commitment to enhance the fragmented social protection system in the country.
Minister of Poverty Eradication and Social Welfare Zephania Kameeta said this when he met with Oshana, Omusati, Oshikoto and Ohangwena representatives to discuss the blueprint and implementation plan to address poverty […]

Experts from diverse fields lead economic and social discussions at two-day Berkeley India Conference

Experts from diverse fields lead economic and social discussions at two-day Berkeley India Conference

Baijayant Panda, Montek Ahluwalia, and Dr Tejani at the Berkeley India Conference (Image via Twitter) NEW DELHI: Political and social leaders got together to discuss and propose solutions to the problems faced by the Indian economy, at the Berkeley India Conference 2017. A panel of experts from diverse fields spanning inter alia, policy, journalism, academia, and politics, led discussions and interacted with students in this two-day conference.

In an economy-based discussion, Montek Singh Ahluwalia, Baijayant ‘Jay’ Panda (Biju Janata Dal party), and Sheba Tejani, Assistant Professor at The New School, discussed the future of India and Indian policy.

On Universal Basic […]