‘Economic security trap’ driving millions of Brits to work with Covid symptoms, RSA warns

‘Economic security trap’ driving millions of Brits to work with Covid symptoms, RSA warns

Millions of British workers are putting themselves and others at risk of Covid-19 due to inadequate sick pay and pressure from their employers, new research shows.

The RSA (royal society for arts, manufactures and commerce) warns that a growing ‘economic security trap’ — the choice workers face between protecting their income and their health — is contributing significantly to the spread of the virus.

Polling carried out between 13 Jan and 15 Jan by Yonder of UK workers found that around one-in-25 British workers has worked within 10 days of a positive test, rising to one-in-ten of those in insecure work […]

Linz model – Wikipedia

Linz model – Wikipedia

The Linz model is a proposal by the association to promote the basic income idea [1] to finance and implement an unconditional basic income.

The Linz model was developed in 2020 at the Linz Peace Academy and represents income-neutral basic security for all residents of a country, specifically calculated for Austria. It is a form of an emancipatory basic income, i.e. with the generally recognized four criteria [2] : general : all citizens, all residents of the country concerned must actually benefit from this service

existzsichernd : The sum made available is intended to enable a modest, but the standard […]

Olli Kangas Basic Income Experiment

basic income experiment – Tutkimusblogi

The Finnish basic income experiment will end as scheduled on 31 December 2018. An evaluation of the experiment has already started. What is the purpose of the evaluation? When will the results come out? Project’s scientific leader, professor Olli Kangas explains. The basic income experiment is one of the key projects formulated in the programme of Prime Minister Juha Sipilä’s Government. According to , the basic income experiment will be plans carried out in 2017–2018, followed by an assessment of its results in 2019. The basic income Olli Kangas: Experimenting with “Basic Income” […]

Five-Year Basic Income Pilot Launches in Hudson, NY

Five-Year Basic Income Pilot Launches in Hudson, NY

HudsonUP, founded by The Spark of Hudson and the Humanity Forward Foundation, will disburse $500 payments to 25 participants every month for 5 years starting Nov. 1st

The pilot received nearly 500 submissions from within the Hudson, NY city limits. Selection was completed by way of a weighted randomization. Selection was randomized, with weights applied to submissions to account for equity factors. The selection process was overseen by a team of independent researchers at the University of Pennsylvania and the University of Tennessee, Knoxville. The participant group reflects the tremendous diversity of the city–half are Black or African American, […]

American Economic Review Universal Basic Income

Universal basic income, or unconditional basic income, is described by The Basic Income Lab at Stanford as a “‘disarmingly simple idea’: give everyone cash, no strings attached, unconditionally and individually.” People and institutions with wide audiences often position universal basic income as a simple panacea to wealth inequality and pending Before the coronavirus struck, the American left and the Democratic Party found themselves debating two wildly ambitious policy schemes: the job guarantee and a universal basic income.The pandemic and the ensuing economic collapse have actually reinvigorated these borderline-utopian ideas: Pennsylvania and California are actively pursuing New Deal–style public-works programs, […]

Karma Finance: Privately-Funded UBI Possible With Decentralized Finance, Says Creator of the First ICO

Karma Finance: Privately-Funded UBI Possible With Decentralized Finance, Says Creator of the First ICO

Universal Basic Income (UBI) programs, in which a government provides its citizens with a fixed, regular payment regardless of income, are now being piloted in 11 U.S. cities. Karma Finance:

Universal Basic Income (UBI) programs, in which a government provides its citizens with a fixed, regular payment regardless of income, are now being piloted in 11 U.S. cities. Universal Basic Income (UBI) programs, in which a government provides its citizens with a fixed, regular payment regardless of income, are now being piloted in 11 U.S. cities.

Nearly all of the UBI programs now being piloted propose direct, unconditional cash […]

Universal basic income sought for South City

Universal basic income sought for South City

I don’t see how a city like South San Francisco can possibly pay for this. SSF has an annual budget of about 114 million, and a little over 67000 residents, which would fund a UBI of only $140 per month even if the entire budget went only to UBI payments (i.e. no police, fire, city services, employees, pensions, maintenance, etc…).

The theory of UBI assumes that it’s a huge redistribution of income, but almost no city has a personal income tax on its residents, let alone one high enough to make any significant universal payment possible, so there’s no real […]

Universal basic income doesn’t impact worker productivity

Universal basic income doesn’t impact worker productivity

A universal basic income doesn’t seem to hurt worker productivity. (AP Photo/Petr David Josek) Providing workers with a universal basic income did not reduce the amount of effort they put into their work, according to an experiment conducted by Spanish economists, a sign that the policy initiative could help mitigate inequalities and debunking a common criticism of the proposal.

Examining a universal basic income worth about one-fifth of workers’ median wages, the researchers also found that the threat of being replaced by robots did not impact workers’ productivity, nor did a tax on firms when they replace a worker with […]

Vijayawada girl’s proposal to end poverty draws PM’s praise

Vijayawada girl’s proposal to end poverty draws PM’s praise

VIJAYAWADA: City girl Rishitha Jaladi ’s address at the National Youth Parliament Festival (NYPF) has received praise from Prime Minister Narendra Modi. A final year BSc student of Maris Stella College, Rishitha created ripples at NYPF held in New Delhi, by moving a proposal to give money to all citizens of the country in an effort to end poverty.
Lok Sabha Speaker Om Birla, Union sports and youth affairs minister Kiren Rijiju and several senior officials present at the meeting applauded the presentation made by Rishitha. Rishitha is also the first attendee from Andhra Pradesh at the NYPF. […]

State basic universal income plan sinks mechanics, teachers et al

State basic universal income plan sinks mechanics, teachers et al

Dennis Wyatt Sacramento is expected to be awash in cash this year.

Thanks to a string of extremely successful initial public offerings of tech companies such as Airbnb and DoorDash, the state budget is expected to have a $15.5 billion windfall from one-time capital gain tax collections.

Much of this is being proposed by Gov. Gavin Newsom to plug massive holes the pandemic created in school funding as well as to underwrite COVID-19 economic relief efforts for all Californians who are here legally or otherwise. One aspect of his relief plan is putting $600 into their pockets if they make $30,000 […]