Tag: basic income

The Economic Security Project (ESP), a US$10 million trial of a basic income guarantee over a two year period, will seek evidence that a universal basic income can help solve problems ranging from poverty to middle class stagnation. The rise in trials, pilots, and studies of a basic income guarantee seems to be mirroring the emergence of the election of alt-right authoritarian leaders across the West.

Driven by a coalition of technologists, investors, academics, politicians, and social activists, ESP founding signatories agreed to a simple belief statement: “We believe people need financial security, and cash might be the most effective […]

Full Post at www.farces.com

Sylvia Pantel, CC BY-SA 4.0 Foto-AG Gymnasium Melle Sylvia Pantel , Member of the German Parliament from the Christian Democratic Union (the party of Angela Merkel), has introduced a proposal for a fixed monthly payment for parents with children younger than school age. The amount (not yet fixed) would be tied to child care costs, and all parents would receive the same benefit regardless of means.

Pantel’s “family pact” has some similarities with basic income: it is paid in cash, at a fixed rate, without means-testing or other conditions. Moreover, it is universal for parents .

However, Pantel herself does not […]

Full Post at basicincome.org

No one would confuse this frigid corner of northern Finland with Silicon Valley. Notched in low pine forests just 100 miles below the Arctic Circle, Oulu seems more likely to achieve dominance at herding reindeer than at nurturing technology start-ups.

But this city has roots as a hub for wireless communications, and keen aspirations in innovation. It also has thousands of skilled engineers in need of work. Many were laid off by Nokia, the Finnish company once synonymous with mobile telephones and more recently at risk of fading into oblivion.

While entrepreneurs are eager to put these people to work, the […]

Full Post at theintellectualist.co

Getty Images Sam Altman is putting a lot of faith in the idea that giving people free money will make them happier and healthier, but that doesn’t mean he’s betting it all.

Altman is the president of Y Combinator , Silicon Valley’s largest startup accelerator. Beginning in 2017, he and a group of YC researchers are launching an experiment in Oakland, California, where roughly 100 families will get $2,000 a month.

The goal is to capture data that reveals if free money on a regular basis (known as a basic income) really does help people escape poverty and live healthier lives.Enormous […]

Full Post at www.businessinsider.com

Martti Kainulainen | AFP | Getty Images

No one would confuse this frigid corner of northern Finland with Silicon Valley. Notched in low pine forests just 100 miles below the Arctic Circle, Oulu seems more likely to achieve dominance at herding reindeer than at nurturing technology start-ups.

But this city has roots as a hub for wireless communications, and keen aspirations in innovation. It also has thousands of skilled engineers in need of work. Many were laid off by Nokia, the Finnish company once synonymous with mobile telephones and more recently at risk of fading into oblivion.While entrepreneurs are eager to […]

Full Post at trueviralnews.com

Newz That Might Interest You:

Dutch city plans to pay citizens a ‘basic income’ whether they… December 28, 2015 (UTRECHT) It’s an idea whose adherents over the centuries have ranged from socialists to libertarians to far-right mavericks. It was first proposed by Thomas Paine in his 1797 pamphlet, Agrarian Justice, as a system in…

I Just Shared the Most Powerful Income Tactic With My Sister December 28, 2015 I had a long conversation this past weekend with my sister, Katherine Schuber. The conversation was all about Katherine’s income and how she could grow it. I’ll show you why I’m […]

Full Post at newzsentinel.com

There’s been a lot of buzz this year about an old economic idea called universal basic income . It’s a guaranteed monthly check from the government for every citizen, no strings attached. Automation, gig jobs and the overall precariousness of work is driving interest in the idea, from Silicon Valley to the Netherlands. Finland launches a pilot program next month to test out the idea, but the country’s center right government is testing it as welfare reform, not as an anti-poverty tool.

Finland, population 5.5 million, is struggling with high unemployment, especially among the young. The jobless rate is more […]

Full Post at vesselnews.io

The research group working on the basic income experiment proposes its implementation in multiple stages. According to the group, this would be the most reliable way of learning more about the basic income. It would also enable the further development of study designs and provide the information needed to revamp the Finnish social security system to meet future needs.

The research group reviewing the basic income experiment submitted its final report to Pirkko Mattila, Minister of Social and Affairs and Health, on 16 December 2016. In its final report, the group no longer proposes a method of implementing the basic […]

Full Post at valtioneuvosto.fi

Imagine if the government gave every American adult $2,500 a month in real dollars (30K annually) for the rest of their lives – no strings attached. Seems crazy right?

Not so fast – this idea is known as Universal Basic Income (UBI). I believe UBI will be the solution to a myriad of economic problems we currently face. I have listed some things to consider when talking about UBI.

Benefits: Provides a social safety net for all Americans. This would eliminate homelessness and extreme poverty among the most vulnerable Americans.Addresses concerns from automation and technology significantly increasing structural unemployment. It […]

Full Post at irrationalpolitics.com