Why is the artist sort of implicating Cary Moon in this madness by associating her name with an event she wasn't involved in? by Rich Smith Reward: I will talk with you for a full hour about universal basic income if you just tell me who made these signs. Show More Summary
Expanding the Earned Income Tax Credit is a rare policy for helping the poor that’s supported on both the left and the right–and could be a step toward a universal basic income. The Earned Income Tax Credit (EITC) is widely considered the federal government’s most effective anti-poverty program. Show More Summary
Murad Hemmadi breaks down how universal basic income works and why governments are starting to test it out. The post Universal basic income, explained appeared first on Macleans.ca.
David Simon, creator of the popular HBO series "The Wire," and most recently "The Deuce," has voiced his support for a system of wealth distribution known as universal basic income, in which every citizen receives a regular sum of money...Show More Summary
I’ve been working for a while on the idea of Universal Basic Income (UBI), and the closely related alternative of a Guaranteed Basic Income (GBI), in which the payment is phased out as income increases. I’ve now developed a very simple model to illustrate some of the crucial points. Here are three observations. Only Observation […]
I just spent a couple of days in Vienna, Austria at a conference. The upcoming Austrian elections were the talk of the town. One of the major parties is campaigning in part on the promise of introducing an estate tax for all estates about 1 million Euros. Show More Summary
A radical form of wealth distribution that's been gaining popularity over the past couple years. It's known as universal basic income, and it involves paying every citizen a standard amount of money just for being alive. Advocates claim the system could help reduce poverty and stave off the threat of widespread unemployment due to job automation. Show More Summary
Authored by Mike Shedlock via MishTalk.com, Facebook founder Mark Zuckerberg Supports Universal Basic Income. In its basic form, universal basic income means “everyone gets a paycheck, whether they have a job or not.” Many expect even more. Show More Summary
Authored by Michael Snyder via The Economic Collapse blog, Should you get free money from the U.S. government every month simply for being alive? That may sound like a crazy idea to many of us, but the truth is that this will likelyShow More Summary
It’s not a giveaway; it’s a permanent economic stimulus. Introducing a universal basic income (UBI) would give a huge jolt to the U.S. economy, according to a new analysis, one of the first to consider the wider effects of giving everyone in the United States a regular, unconditional cash payment to meet their everyday needs. Read Full Story
If you’ve been paying attention to recent advancements in artificial intelligence (if not, no worries, just check out some
Hawaii is considering introducing a basic income for all its citizens. The bill declares that all families in Hawaii are entitled to “basic financial security” – paving the way for a policy that would guarantee this. Universal basic income (UBI) involves paying every citizen a set amount of money each month to live on, regardless of whether or not they are in work.
The controversial proposal, which is gaining traction in the state legislature, would attempt to counteract jobs lost to automation with a guaranteed living wage
On the one hand, it’s a great thing. Robots taking over jobs that humans would rather not do. The problem? Our society is built around the job. And as the jobs become more scarce, it’s less and less clear what we should do about structuring our economy and livelihoods. Show More Summary
Politicians in Hawaii are debating using a universal basic income to offset the potential robot job-pocalypse. It’s a trend other states might consider joining as AI is poised to take on a larger role in the work force. The new billShow More Summary
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``The Five Star program echoes universal basic income schemes being considered around the world. Finland in January started an experiment in which 2,000 unemployed people receive a stipend of €560 per month. And the Canadian province of Ontario this summer began trials in three cities in which individuals can get almost C$17,000 ($13,600) per year. Show More Summary