Tag: UBI

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Forget Shutdowns. It’s Demand Shock That’s Killing Our Economy.

Gyms, restaurants, and movie theaters are all reeling for the very same reason By: James Surowiecki On July 11, …

800 Compton residents to get guaranteed income in two-year pilot program

There’s a need for additional income, especially with the pandemic resulting in record high numbers of unemployment especially for …

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Women’s mental health deteriorating as Covid crisis forces people to work longer hours

Researchers sound the alarm that an impending recession and mass unemployment means we are heading into an unprecedented mental …

Canadian prime minister Justin Trudeau whose Liberal government was returned to office last year.

Why Canada is now debating a basic income model

In the wake of the pandemic, Justin Trudeau’s Liberal Party is seeking to forge a more interventionist state. By: Aaron Burnett  This …

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Has guaranteed basic income’s time arrived in Canada?

As people’s livelihoods have been thrown into upheaval amid the pandemic, public desire for a stronger safety net has …

A banner against renters eviction reading no job, no rent is displayed on a controlled rent building in Washington, DC. (Eric Baradat/Getty Images)

Economic Fallout From COVID-19 Continues To Hit Lower-Income Americans the Hardest

Half of adults who say they lost a job due to the coronavirus outbreak are still unemployed By: KIM PARKER, RACHEL …

Gyeonggi Province Gov. Lee Jae-myung proposed a basic income of 500,000 won ($430) a year per person this year. (Photo by Sotaro Suzuki)

The debate on universal basic income has gained momentum in South Korea

The coronavirus pandemic has spurred a debate about guaranteeing basic income to all citizens.   By: SOTARO SUZUKI, Nikkei …

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It’s not just ‘leftists’ who support a basic income

By: Tarek Fatah My column last week endorsing a guaranteed basic income triggered a surprising denunciation by many as …

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Opinion: It’s time the entire continent of Africa rolled out universal basic income

By: Stella Wamae. — ______________________________________________ Key stats: Africa, with a median age of 19.5, accounts for 16.72 per cent of …

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How the Monthly Economic Crisis Support Act could end poverty in the U.S.

By: Noah Berlatsky. — Earlier this month, Congress failed to pass Republicans’ $300 billion coronavirus economic relief bill. Democrats refused …

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How the Finland Experiment Has Newly Informed the Basic Income Debate

As income inequality and economic upheaval take center stage, is a guaranteed minimum income worth considering? Results from a …

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A new study from Rwanda is the latest evidence for just providing people money

By: Kelsey Piper. — In the last decade, organizations working to improve the lives of people in poor countries have …

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Basic income could virtually eliminate poverty in the UK at an annual cost of 3.4% of GDP

Intuition is wrong when it comes to calculating the true cost of basic income – the UK can easily …

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Reality Check

Reality Check By: Gisele Huff, Founder and President of Fund for Humanity I despair. Because of the extraordinary, devastating …

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Andrew Yang’s nonprofit is partnering with the $1K Project to bring $1,000 direct monthly payments to struggling US families

Andrew Yang’s nonprofit is partnering with the $1K Project to bring $1,000 direct monthly payments to struggling US families …

Gisele Huff - founder of the Gerald Huff Fund for Humanity

Santa Clara County foster youth begin receiving $1,000 a month in basic income

Santa Clara County foster youth begin receiving $1,000 a month By: Katie Lauer Paid rent, a full stomach and …

Central bank interventions in the pandemic economy are unprecedentedly vast—and not nearly enough

Argument: Terminal Deflation Is Coming BY TREVOR JACKSON   Public health efforts to contain the coronavirus pandemic have brought about …

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Universal Basic Income Fixes the Problem of People Not Having Enough Money to Not Be Poor

Give a Buck is Mashable’s deep dive into Universal Basic Income — an idea gaining currency in a time of …

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Over 100 UK MPs Publish Letter in the Financial Times in Support of UBI

Interim acting co-leader of the Lib Dems, Sir Ed Davey MP, has today signed a cross-party letter to the Chancellor …

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How and Why a Fed-Financed UBI Would Not Lead to Inflation

According to an April 6 article on CNBC.com, Spain is slated to become the first country in Europe to introduce a …

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The US Has the Productive Capacity to Make UBI a Reality

Universal basic income — a monthly payment to everyone sufficient to meet basic needs — could end poverty overnight. …

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MSNBC’s Ali Velshi: Universal Basic Income is the Solution

MSNBC’s Ali Velshi on how universal basic income will protect Americans as automation shrinks the workforce, especially those living …

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Poll: 77 Percent of Democrats and 52 Percent of Republicans Now Support an Emergency UBI of $2000

MAJORITY OF AMERICANS SUPPORT MONTHLY CASH ASSISTANCE TO OFFSET PANDEMIC DAMAGE TO ECONOMY New polling finds strong bipartisan support …

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Is UBI in New York City’s future?

We’re down to single digits. Eight Democratic presidential candidates remain after three dropped out this week: Senator Michael Bennet …

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Push for UBI continues on

Andrew Yang’s bid for the Democratic nomination is over, but supporters of his basic income policy say his campaign …

Democratic presidential candidate Andrew Yang speaks at at the Ideal Social Hall on January 30, 2020 in Cedar Rapids, Iowa

Image Credit: Joe Raedle / Getty Images

Andrew Yang creates new organization focused on data privacy, UBI, and the future of work

Former presidential candidate Andrew Yang today launched Humanity Forward, a nonprofit organization intended to embody the spirit of the …

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Andrew Yang has dropped out of the race for president but UBI is here to stay

MANCHESTER, New Hampshire — Andrew Yang — the unknown entrepreneur turned Democratic presidential candidate — is ending his presidential …

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The Fall and Rise of the Basic Income Movement

Forty years ago today—February 7, 1980—was a small milestone for the Universal Basic Income (UBI) movement: Milton and Rose Friedman dedicated …

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How a VAT could tax the rich and pay for universal basic income

The Congressional Budget Office just projected a series of $1 trillion budget deficits—as far as the eye can see. Narrowing …

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The UBI Maze | Reflections on ‘The Future of Work, Technology and Basic Income

Universal Basic Income (UBI) is the proposal that the state should provide a guaranteed income floor to everybody, as …

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Andrew Yang puts his universal basic income plan to the test

Chad Sziszak didn’t believe it at first. He got an email from Andrew Yang’s campaign that he would receive …

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Eleven Nobel Laureates Who Have Endorsed Universal Basic Income

The idea of an unconditional basic income (UBI) floor where everyone starts with the same minimum amount of money as everyone …

A GiveDirectly staffer conducts an introductory community meeting in a rural Kenyan village.

A charity dropped a massive stimulus package on rural Kenya — and transformed the economy

For about a decade now, the charity GiveDirectly has been distributing cash straight to poor residents in sub-Saharan Africa, starting in …

Every dollar given to a household boosts local GDP by $2.60

Unconditional handouts benefit recipients—and their neighbours too

Economists have long argued that people should give each other money rather than gifts, since it is hard to …

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Mayor Of Stockton, Calif., Discusses Universal Basic Income Program Results

MICHEL MARTIN, HOST: What would you do with an extra 500 bucks a month, no strings attached? Well, thanks …

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Support for UBI in the US has grown from 43% to 49% in the past seven months according to new HarrisX poll

Support for universal basic income (UBI) is on the rise, according to a new Hill-HarrisX poll released on Wednesday. …

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Opinion: The biggest threat to freedom in the world today is economic destitution

Here political philosopher and economist Karl Widerquist argues that UBI is required as compensation for the creation of property …

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UBI is Social Security for the 21st Century

It’s based on the dividends that accrue to Americans because of their everyday contributions as workers, consumers, caregivers and …

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The Complicated Politics of the Alaska Permanent Fund Dividend

What if we just give people money? This is the question propelling several new books and that’s been taken …

NEW YORK, NY - APRIL 3: Entrepreneur and Democratic presidential candidate Andrew Yang exits the stage after speaking at the National Action Network's annual convention, April 3, 2019 in New York City. A dozen 2020 Democratic presidential candidates will speak at the organization's convention this week. Founded by Rev. Al Sharpton in 1991, the National Action Network is one of the most influential African American organizations dedicated to civil rights in America. (Photo by Drew Angerer/Getty Images)

Is Andrew Yang being unfairly ignored?

(CNN) Quick. Tell me the six highest-polling Democrats in the 2020 Democratic race. The first few are easy: Joe …

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An unconditional basic income floor permits everyone to fail. And that’s a good thing.

The opportunity to fail is a privilege afforded to a narrow subset of Americans. Risk and reward are two …

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A solution for childhood obesity? Universal basic income

First published on May 31, 2019 A new study links an extra $1,000 a year paid through Alaska’s Permanent …

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Testimony of Kenya’s basic income beneficiaries

After the article “A Critical Poverty Eradication Experiment in Kenya”, published in the last issue of the BIEN News …

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Lessons from a one-family basic income demonstration

Chuck Fassi, 49, a self-described introvert with a heavy New England accent, has spent much of the past two …

Universal basic income vs jobs guarantees: which one will make us happier?

Two competing (or, possibly, complementary?) proposals for resolving income inequality and the hole that four decades of demand-side Reaganomics …

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100,000 jobs could be lost to robots in Reading, PA over next 20 years.

Thousands of people could be put out of work by robots in reading in the next 20 years. Although …

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A Canadian Guy on Basic Income – A Success Story

James Collura was a recipient of basic income in Ontario’s recently cancelled Basic Income Pilot experiment. This is his …

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Why we should all have a basic income.

Consider for a moment that from this day forward, on the first day of every month, around $1,000 is …

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Chicago May Become Largest City In U.S. To Try Universal Basic Income

Chicago Alderman Ameya Pawar is worried about the future. He is concerned that a coming wave of automation could …

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Nixon-era proposal to give “basic income” to all people springs back to life

Andy Stern spent his career organizing service workers, fighting for higher wages and improving working conditions as head of …

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Obama and Bezos Could Make Basic Income Work

This week, former U.S. President Barack Obama tentatively endorsed the idea of a universal basic income. The fortune of …

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Plan to pay 1,000 residents $1,000 a month—no strings attached.

Each month, 1,000 struggling Chicagoans would get $1,000, no strings attached, to help break the cycle of poverty, under …