Tag: basic income

As many as half of U.S. households experience what researchers call "income volatility," meaning their income can go up or down by 25% or more from one month to the next — a statistic we reported on in " When there’s too much month at the end of the money ."

How to help people cope with these fluctuations has become a hot topic, especially among those who work in the financial inclusion sector. Several speakers talked about this challenge at the annual Emerge conference that the Center for Financial Services Innovation hosted in Austin, Texas, earlier this summer.

Elizabeth Rhodes […]

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Vox published an interesting interview Sunday with Eric Weinstein. Weinstein is a managing director at Peter Thiel’s investment firm and is also the brother of (former?) Evergreen State College professor Bret Weinstein. The interview is about the future of capitalism and Vox has titled it “Why capitalism can’t survive without socialism.”

See Also: Jeff Flake: We won’t be a majority party again until we return to traditional conservatism

What Weinstein actually has to say about the future of capitalism is more interesting than the headline suggests. He believes the production and assembly jobs of yesteryear are not coming back. As […]

Full Post at hotair.com

Prof. Oren M. Levin-Waldman will discuss his article: Does Technology Make a Universal Basic Income Inevitable? By OREN M. LEVIN-WALDMAN, Ph.D.”, on Wednesday, August 2, 2017th at 10am DST on the Westchester On the Level radio broadcast. Listen “Live” or “On Demand”. Use the following hyperlink … http://tobtr.com/s/10116133

### Oren M. Levin-Waldman, Ph.D., Professor at the Graduate School for Public Affairs and Administration at Metropolitan College of New York, Research Scholar at the Binzagr Institute for Sustainable Prosperity, as well as faculty member in the Milano School for International Affairs, Management, and Urban Policy at the New School. […]

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Covering the philosophy of freedom, an explanation of universal basic income and the economics behind it, Karl Widerquist , vice-chair (at the time of the interview he still was co-chair) of Basic Income Earth Network (BIEN), was interviewed by Sam Barton from Talk of Today in Australia.

During the interview, Widerquist talks about what it means to be a fully free person and argues people should regain their freedom from forced labour. “If you are a free person, you can choose to be given and follow orders for 40 hours a week, but you can also choose not to,” Widerquist […]

Full Post at basicincome.org

Please welcome GiveDirectly’s Joe Huston to the program. You won’t regret it.

Joe Huston is the CFO of GiveDirectly ( Twitter ), this podcast’s favorite charity (or mine, at least). You’ll notice that, despite the rambling questions and non-questions I pitched his way, Joe is expert at clearly explaining the details of cash transfers, basic income, and GiveDirectly’s various efforts on these fronts. Thanks for doing that, Joe!

Halfway through, bros Tom and Zach return from the land of peanut butter and whey protein isolate. Rejoice, brosketeers. Notes GiveDirectly’s basic income pilot is the largest in history. Sick . The […]

Full Post at singularitybros.com

Fear of automation destroying jobs, the declining share of national income captured by labour and the growing precarity of many people’s lives have stoked interest in the idea of a universal basic income — a flat-rate payment made to all residents regardless of circumstances.

Recent interest has been from the left — Jeremy Corbyn in the UK, Bernie Sanders in the US and France’s Benoît Hamon have expressed support — though in the past it has also attracted support from the right. Compared to Guy Standing, these politicians are recent converts to UBI. For him it has been the answer […]

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What do Mark Zuckerberg , Martin Luther King , and Milton Friedman all have in common?

That’s right, they are all famous Americans whose names begin with the letter M.

Also, they are all proponents of some form of basic income. A Universal Basic Introduction The universal basic income (UBI) [1] has become trendy. It is the ultimate unconditional cash transfer . Each member of a society gets a cash payment. Since it’s given in cash, there are no restrictions on what this payment should be spent on, nor are there restrictions on who gets it. Rich and poor get the […]

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Interesting stats, and I understand the comparison, but universal basic income is an entirely different animal in that it is designed for an economy in which the availability of jobs and going wages are not sufficient to maintain a minimally accepted standard of living for the general population. The situation in the rural US is not representative of the broader population of those areas or the entire US.

Supplemental Security Income (SSI) benefits average about .25% – one quarter of one percent – of the annual GDP of the United States. They have never gone above .33%. SSI benefits average […]

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What if the federal government gave everyone a check, every month?

Tesla CEO Elon Musk and Facebook CEO Mark Zuckerberg are among those who say universal basic income, or UBI, is a good idea. With inequality widening, the idea of an unconditional, periodic cash payment that the government makes to everyone has suddenly become a hot topic.

The idea is whether a person is unemployed or wealthy, a $1,000 monthly government check could replace all current welfare programs, including Social Security."I think it would theoretically be superior to the existing social welfare system," Michael Tanner, senior fellow at the Cato […]

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