Tag: basic income

‘Hope goes a long way’: guaranteed income a lifeline for ex-prisoners

'Hope goes a long way': guaranteed income a lifeline for ex-prisoners

The family of Jamel Floyd protest his death in federal jail. Floyd was a prisoner in Brooklyn, New York who died after being pepper sprayed in his cell Kevin Scott is a former prisoner and the programme director for Community Spring, a non-profit organisation in Gainesville, Florida. We caught up with Kevin at the 22 nd Basic Income Guarantee Conference in San Francisco, California to discuss Just Income, their project providing a guaranteed income to recently released prisoners.

This interview has been edited for length and clarity.

Beyond Trafficking and Slavery: What does a guaranteed income look […]

New Book: Future Tourism in a Robonomic World

New Book: Future Tourism in a Robonomic World

Channel View Publications This book envisions the future of tourism in an economy that is largely automated. ‘Robonomics’ is the term given to this economic system that relies on robots, artificial intelligence and automation technologies for the production of goods and delivery of services instead of human labour. The volume examines the unique technological, socioeconomic and political situation that such an economy will create, and reflects on how tourism is then produced, consumed and paid for. The chapters explore some controversial solutions to the challenges of the robonomic economic system, such as redefinition of human rights, robot rights and […]

The Largest Study Ever on UBI Was Just Conducted—The Results Are Disappointing for Advocates

The Largest Study Ever on UBI Was Just Conducted—The Results Are Disappointing for Advocates

Image Credit: Custom image by FEE Economics

Andrew Yang

Employment Guaranteed Income UBI Universal Basic Income In the 2020 election, an interesting candidate made his way onto the scene for the Democratic Party’s presidential nomination: Andrew Yang. Yang made a splash in particular for his promise to give everyone $1,000.Andrew Yang’s campaign strategy took a similar approach to Trump’s 2016 campaign in hyper-focusing on a single issue. For Trump, the single issue was immigration. For Yang, that issue was universal basic income (UBI).Yang’s version of UBI was alluring in its simplicity. Every person in […]

Business and Economics Reporting

Business and Economics Reporting

from class:

Definition

Universal basic income (UBI) is a financial policy proposal that suggests providing all citizens with a regular, unconditional sum of money, regardless of their income or employment status. This concept is aimed at reducing poverty and inequality, providing a safety net for individuals, and promoting economic stability. UBI connects to broader discussions on labor rights by addressing the economic security of workers and ensuring that everyone has a minimum standard of living, while also influencing how income distribution can be structured in society.congrats on reading the definition of Universal Basic Income. now let’s actually learn it. […]

Social Problems and Public Policy

Social Problems and Public Policy

5 Must Know Facts For Your Next Test

> UBI is designed to provide financial security, allowing individuals the freedom to pursue education, entrepreneurship, or caregiving without the constant pressure of financial survival.

Several pilot programs around the world have tested UBI, showing mixed results regarding its impact on work incentives and quality of life. Advocates argue that UBI can simplify welfare systems by replacing complex assistance programs with a straightforward cash payment. Critics worry about the potential high costs of implementing UBI and its effects on inflation and labor market participation. UBI has gained renewed attention in light […]

GoodDollar Crypto Academy

GoodDollar Crypto Academy

GoodDollar Crypto Academy

GoodDollar International Moderation Team

· Follow 3 min read·4 hours ago Module 11: Universal Basic Income (UBI) and its Social Impact Introduction Universal Basic Income (UBI) has garnered significant attention in recent years due to its potential to address global social and economic challenges. This module explores the definition, benefits, examples of implementations, and endorsements of UBI. Definition and Concept of UBI UBI refers to the distribution of a fixed amount of money to all citizens of a society, without conditions or prerequisites. The goal is to provide a minimum economic foundation for individuals to […]

20240821 Universal Basic Income: A Deep Dive into Potential Benefits and Hidden Pitfalls

20240821 Universal Basic Income: A Deep Dive into Potential Benefits and Hidden Pitfalls

20240821 Universal Basic Income: A Deep Dive into Potential Benefits and Hidden Pitfalls

龚成

· Follow 6 min read·3 hours agoThis article is an English translation of the following Chinese YouTube video script. Hello everyone, I am Master Gong. Welcome to the Yingjuan Channel.In this episode, we will discuss the issue of universal basic income. The reason I want to talk about this topic is that a member of the Canadian parliament previously proposed a bill to distribute a basic income to all citizens of Canada, and on the other hand, OpenAI’s CEO Sam Altman conducted an experiment […]

Business Ethics in Artificial Intelligence

Business Ethics in Artificial Intelligence

from class:

Definition

Universal Basic Income (UBI) is a financial system in which all citizens receive a regular, unconditional sum of money from the government, regardless of other income sources. This concept aims to provide economic security and reduce poverty, especially in an era increasingly affected by automation and artificial intelligence, which can significantly impact employment and job markets.congrats on reading the definition of Universal Basic Income. now let’s actually learn it. ok, let’s learn stuff 5 Must Know Facts For Your Next Test> UBI can serve as a safety net for individuals who lose their jobs due […]

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

Buck and Gracie Close examine their family’s records with genealogist Core Lyles at the White Homestead in Fort Mill, South Carolina. Courtesy of the ACLU. Buck and Gracie Close are funding a basic income program for victims of unjust policing.

They view the program as a form of reparations for their family’s history as slave owners.

The program, supported by the ACLU of Louisiana, is giving $1,000 a month to 12 people. Buck and Gracie Close aren’t shy about their family history.The siblings, both in their 70s, are the descendants of slave owners who operated lucrative cotton mills in […]

130 studies evaluating the effects of cash assistance on 6 health dimensions

130 studies evaluating the effects of cash assistance on 6 health dimensions

Drums roll… what’s the effect of cash transfers on health in high income countries? Brydon et al reviewed . They found that 75% of them (n= 98) demonstrated beneficial impact, 10% showed inconsistent results, and 15% detected harmful effects. The share of “increase” impact for fertility is noteworthy, but it’s not statistically significant. As such, “… increases to cash transfers are likely to yield beneficial health effects in most domains”.

On a more sobering note, MacNeill and Drummond recount the demise of the Bolsa Verde Program , a cash transfer for environmental conservation among Traditional Communities in the Brazilian Amazon. […]