Tag: basic income

Lunch with Pippa Hudson Refilwe Moloto and guests discuss what a Universal Basic Income Grant could mean for this country, and how to put it in place.

Refilwe talks to Jonny Steinberg, a research associate at Oxford University’s African Studies Centre; Busi Sibeko, a researcher at the Institute for Economic Justice and Kyle Smith, editor in chief at Essential Millennial. The three researchers offer different perspectives on how the Universal Basic Income should be calculated and implemented

Essential Millenial’s Kyle Smith proposes a negative interest rate and various taxes to fund UBI of R6,460 a month The Institute for […]

Full Post at www.capetalk.co.za

Thirteen Democrats and two Republicans are running in the New York City mayoral primaries on June 22, according to the New York City Board of Elections . They’re vying for the chance to lead the largest city in the US as it faces rising crime, recovery from the Covid-19 pandemic and a range of other issues.

Eric Adams

Job: Brooklyn borough presidentA retired former captain in the New York Police Department, Adams is a vocal advocate of the NYPD and is running on a platform that includes stepped-up policing. The former officer has been critical of the department, […]

Full Post at www.weny.com

Get 1,200 euros per month, unconditionally, for three years: 122 people, randomly selected from about two million volunteers, in Germany will benefit from this experience aimed at promoting Basic income . The payments are funded by donations from 181,000 contributors and the project, presented on Tuesday, will be scientifically evaluated as part of a long-term study.

“Over the next three years, we want to investigate empirically whether the unconditional and regular payment of an amount of money that covers more than the subsistence level affects people’s behavior and how it affects people’s behavior,” explained Jürgen Schöpp of the German Institute […]

Full Post at theinformant.co.nz

"This is a huge cashflow challenge for most hotels and guesthouses who have already experienced nothing short of a catastrophic financial shock from this pandemic." The new Economic Recovery Plan published by the government today has been welcomed by hotel groups and arts groups in Ireland for its retention of the financial supports such as Employment Wage Subsidy Scheme (EWSS) and for providing a basic income for artists.

The new plan has been praised by Irish Hotels Federation (IHF) President, Elaina Fitzgerald Kane who said: "Hotels and guesthouses are facing reopening costs of approximately €964 per bedroom – equivalent to […]

Full Post at www.buzz.ie

Central bank digital currency, or CBDC, is the hot topic in economics and finance. The idea is that official monetary authorities can harness the technology that gave us bitcoin and other cryptocurrencies, but without the volatility.

CBDC could consist of secure computer-code equivalents of conventional money created by the central bank and credited — securely and swiftly — to accounts belonging to the general public.

Stirring speculation that it intends to create an alternative to the dollar in global finance, China has already introduced a prototype digital yuan, via a mobile phone app that more than 100,000 people have been using […]

Full Post at www.washingtonpost.com

Government approves renewal of Special Criminal Court

Cabinet also today approved a Basic Income Guarantee pilot scheme for artists, a commercial rates waiver, and tech funding for schools. A general view of the judge’s chairs in the Special Criminal Court. Picture: Niall Carson The Government has today agreed to renew the Special Criminal Court.

Cabinet gave approval for justice minister Heather Humphreys to move Oireachtas resolutions to renew certain provisions contained in the Offences Against the State Act 1998 and the Criminal Justice Act 2009, including the jury-free court, "aimed at tackling the threats posed by terrorism and organised crime".The provision […]

Full Post at www.irishexaminer.com

Long before the onset of COVID-19, the luminaries of Silicon Valley began advocating for the implementation of universal basic income (UBI). This is the idea that governments should issue checks to all citizens regardless of work, regardless of need, just for being alive — in other words, true and direct socialistic redistribution of wealth, completely disconnected from merit and creation.

Today, it is clear that UBI proponents, along with advocates of job-killing $15-an-hour minimum wage policies , are using the economic destruction wrought by poorly thought out COVID-19 lockdowns , coupled with the psychological effects of constant fearmongering , to […]

Full Post at thehill.com

Government party leaders today announced the National Recovery and Resilience Plan for Ireland, with artists and the events industry impacted by the news.

A pilot scheme to guarantee basic income for artists, and other supports for the events sector, were some of the measures announced as part of the government’s National Economic Recovery Plan this morning.

Taoiseach Micheál Martin , alongside Tánaiste Leo Varadkar and the Green Party Leader Eamon Ryan, unveiled the Government’s road map for the economy as it emerges from the impact of Covid-19.Speaking at the press conference today, Martin said that the main objective of this […]

Full Post at www.hotpress.com