Tag: basic income

By Tina Irgang

In 2017, several countries and at least one company are poised to embark on a major social experiment: What if people were simply handed a certain amount of money each year, no strings attached?

Silicon Valley has long advocated for the idea of a universal basic income, but startup accelerator Y Combinator is poised to launch an actual trial run. The company will select 100 families from Oakland, CA, and provide them between $1,000 and $2,000 a month for up to a year, according to The Guardian .“In our pilot [study], the income will be unconditional; we’re […]

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In Brief

Ontario, Canada is preparing for its own pilot basic income program in 2017, according to Hugh Segal, former senator and special advisor to Ontario.

t He believes that supplemental income should be set at $1,320 a month ($1,820 for people with disabilities) for it to be effective. Pioneering a program The case for universal basic income (UBI) has been made by financial experts, economists, government officials, and tech moguls, alike. So far, except in the case of Finland, all the talk about UBI has mostly been talk. That’s all about to change now, with Ontario, Canada preparing […]

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Merely days after Amazon landed its first-ever drone delivery, advocates for universal basic income in the tech industry feel the need for the innovative form of social security more strongly than ever before.

As companies like Amazon and 7 Eleven race to revolutionize industries with the use of drone deliveries, economies all around the world brace for what seems to be a looming new era of business and technology — where human help is of decreasing need.

The convenience that new technologies such as drone deliveries have come to offer seems to outshine in more ways than one the often overlooked […]

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Some fear that robots and AI will steal our jobs.

They probably will (in the near-term, at least half of them).

If that happens, what will we do for a living? How will we earn money? More from Peter Diamandis: Reinventing Food Human Intelligence (HI) Only Amazon Could Make a Checkout-Free Grocery Store a Reality In this blog I’ll be discussing one of the most important proposed solutions to job loss due to automation: The notion of " Universal Basic Income " (sometimes called guaranteed minimum income). Concert From Our Sponsor Free to be stunning Free to be bold […]

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Poor people are still free to reproduce as much as they want, there just won’t be (and shouldn’t be) an endlessly scaling benefit boost to that activity. No one is stopping people from reproducing anyway, but I don’t want to give people more cash beyond a certain point.

Think of it like the mortgage interest deduction for homes. This is a massive wealth transfer from non homeowners to home owners. There was a reform floated, by Romney no less, of capping the deductions so that people buying multi million dollar mansions could not use that tax […]

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Transcription

1 Unemployment Insurance vs Basic Income: Lessons from Economic Research Bertil Holmlund Department of Economics Uppsala University Jyväskylä, June 1,

2 Key features of UI and BI Alternative ways of providing income protection UI is conditional Joblessness, previous work experience, active job search BI is unconditional All individuals receive X Euro per month irrespective of current or previous employment status or search activity 23 Basic income synonyms Unconditional basic income Universal basic income Citizen s income Universal demogrant 34 Net income, gross income and BI Net income 45 BI Gross income 45 Policies similar to BI Negative income tax […]

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Introduction

Over the fall, we have explored the concept of basic income in a series of posts on my website, asking for your feedback on each post. The responses I have received, through comments on the website and my Facebook page, as well as in calls and emails to my office, have shown me that there is significant interest in the idea. The reaction has included high levels of support and enthusiasm, as well as a number of concerns and questions.

Your comments and our research have informed our proposal for moving forward with exploring how basic income could contribute […]

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A Lively Debate

Barack Obama predicted it : Universal basic income (UBI) is under debate. In a UBI system, all citizens are given a flat income regardless of their employment situation — essentially, they will receive money just for being born . The concept is being explored as a potential solution to the problems that will soon arise from artificial intelligence (AI) and job automation .

Though simple in concept, the idea has sparked lively debate.Proponents of UBI see it benefitting society on a number of levels. In February, Nobel laureate Sir Christopher Pissarides made his argument at the World […]

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