Tag: guaranteed income

3 Ways To Close The Digital Divide

3 Ways To Close The Digital Divide

Sources

arxiv.orgApplications of Generative AI in Healthcare: algorithmic, ethical, legal and societal considerations blogs.lse.ac.ukHow to bridge the artificial intelligence divide

Economic Redistribution and Universal Basic IncomeThe challenges posed by the AI digital divide necessitate a multifaceted approach, particularly through economic redistribution and the implementation of Universal Basic Income (UBI). Economic Redistribution Economic redistribution is essential to address the growing income inequalities exacerbated by automation. Progressive taxation can play a pivotal role in reallocating resources from the wealthiest segments of society to those most affected by job displacement. This approach not only alleviates income disparities but also fosters […]

Reducing food insecurity and improving health with a basic income guarantee

Reducing food insecurity and improving health with a basic income guarantee

I read with interest Dr. Trevor Hancock’s article, “Reducing the cost of inequality,” in which he argued that poverty in Canada is now so expensive we cannot afford it. 1 Public health teaches us that tackling poor health outcomes ascribed to poverty — particularly those faced by Indigenous people — necessitates acting on upstream causes of inequality. As Dr. Hancock notes, public health is naturally eyeing innovative policies like the guaranteed income (or basic income guarantee) to improve health and offset the exorbitant costs of poverty.

As a negative income tax, a basic income guarantee works like this: if your […]

Post Office Scheme: Earn 1,11,000 rupees annually with this scheme of Post Office, know the method

Post Office Scheme: Earn 1,11,000 rupees annually with this scheme of Post Office, know the method

Post Office Scheme: Earn 1,11,000 rupees annually with this scheme of Post Office, know the method Post Office MIS: If you want to arrange a regular income for yourself every month, then in this case the Post Office Monthly Income Scheme can be very helpful for you. With this scheme, you can earn up to Rs 1,11,000 annually and Rs 9,250 every month while sitting at home. Know the special things related to the scheme.

Deposit limit in Post Office MIS: This government guaranteed deposit scheme offers single and joint account facility. A maximum of 9 lakh rupees […]

Universal Basic Income: Transforming Welfare in India

Indian Economy

Prev Next GS Paper – 3

Employment GS Paper – 2 Government Policies & Interventions This editorial is based on “ A modified UBI policy may be more feasible ” which was published in The Hindu on 18/10/2024. The article highlights the potential of a simplified Universal Basic Income (UBI) in India, using models like PM-KISAN to provide a basic safety net. It discusses the benefits of reduced administrative costs and fewer exclusion errors, while addressing fiscal and implementation challenges. For Prelims: Universal Basic Income , PM-KISAN , Economic Survey 2023-24 […]

Universal Basic Income: A Disincentive to Work or a Tool for Financial Flexibility?

Universal Basic Income: A Disincentive to Work or a Tool for Financial Flexibility?

the staff of the Ridgewood blog

Ridgewood NJ, the idea of Universal Basic Income (UBI) has gained significant attention as governments and researchers explore whether regular, unconditional cash payments can improve lives. Supporters argue UBI could reduce poverty, improve mental health, and offer financial stability. Critics, however, fear that it may reduce the incentive to work, leading to negative long-term economic impacts. Recent findings from Finland, Canada, and a U.S. study provide a mix of results that fuel both sides of the debate. Finland’s UBI Trial: Better Well-Being, Same Employment

In 2017, Finland launched a groundbreaking two-year UBI pilot program. […]

Guaranteed income pilot project aims to boost low-income single mothers in Maine

Guaranteed income pilot project aims to boost low-income single mothers in Maine

Coumba Holland at her apartment in Lewiston on Oct. 1, 2024. Holland is one of twenty formerly-homeless single mothers selected for the inaugural year of the Quality Housing Coalition’s guaranteed income program. Guaranteed income is an idea based on the belief that providing unrestricted cash payments to low-income residents is the best way to help them lift themselves out of poverty. It’s a model that’s been championed by seemingly disparate figures over the decades, including Martin Luther King, Jr., Richard Nixon, and, more recently, tech entrepreneurs such as Andrew Yang.

Now, one Maine nonprofit has wrapped up a pilot of […]

Guaranteed income pilot project aims to boost low-income single mothers in Maine

Guaranteed income pilot project aims to boost low-income single mothers in Maine

Coumba Holland at her apartment in Lewiston on Oct. 1, 2024. Holland is one of twenty formerly-homeless single mothers selected for the inaugural year of the Quality Housing Coalition’s guaranteed income program. Guaranteed income is an idea based on the belief that providing unrestricted cash payments to low-income residents is the best way to help them lift themselves out of poverty. It’s a model that’s been championed by seemingly disparate figures over the decades, including Martin Luther King, Jr., Richard Nixon, and, more recently, tech entrepreneurs such as Andrew Yang.

Now, one Maine nonprofit has wrapped up a pilot of […]

MN effort helps artists nurture creative spark with extra funds in their pockets

MN effort helps artists nurture creative spark with extra funds in their pockets

Play Guaranteed-income programs tend to run 12 to 18 months, but a Minnesota initiative that helps artists is tinkering with a several-year approach. (Adobe Stock) One in three Americans indicates they’re living paycheck-to-paycheck , and that includes many artists. A Minnesota organization is expanding its guaranteed-income program for these individuals, so they can carry on with their creative contributions.

This fall, Springboard for the Arts announced it was tacking on more years and recipients to its pilot initiative, launched early in the COVID-19 pandemic.

Ricardo Beaird, community development director for Springboard for the Arts, said the changes mean that over the […]

Basic income: why we need to start talking about money

Basic income: why we need to start talking about money

A shopper pushes a trolley through a supermarket car park in Strood, UK, in July 2024. The cost of living crisis has seen many unable to afford everyday essentials Cleo Goodman co-founded the Basic Income Conversation and is also the basic income lead at Autonomy, an independent think tank. We caught up with Cleo at the 23rd Basic Income Earth Network Congress , recently held at the University of Bath, to discuss the importance of discussion, narrative and respecting the opinions of others when trying to shift the policy conversation on social protection in the UK.

Beyond Trafficking […]

A unique program gave a guaranteed income to 800 people experiencing homelessness in Denver. How much did it actually help?

A unique program gave a guaranteed income to 800 people experiencing homelessness in Denver. How much did it actually help?

In the NoCo "Housing is the response to homelessness, and guaranteed basic income provides a really important flexible spending mechanism to aid in accessing housing for folks," says Katie Calhoun. She was a lead researcher at the University of Denver, which partnered with the Denver Basic Income Project to assess the program’s effectiveness. The project provided a guaranteed income for nearly 800 residents experiencing homelessness. Since early 2023 hundreds of Denver residents experiencing homelessness received a monthly income whether they had a job or were unemployed.

Eight hundred participants received the payment as part of a program called the Denver […]