UBI vs. Negative Income Tax

UBI vs. Negative Income Tax

An NIT sounds very different from a UBI because, well, it sounds like a tax, not a benefit! But as we’ll see, in most circumstances, the two are mathematically equivalent.

AI is finally good at stuff. Now what?

By Rebecca Heilweil  See original post here. A few weeks ago, Wharton professor Ethan Mollick told his MBA students to play around with GPT, an artificial intelligence

Update on the Catalonia UBI pilot

By: Peter Knight See original post here. The Universal Basic Income (UBI) pilot plan is one of the projects that the Catalan Government will carry out

Oregon Lawmakers Drop the Ball on Basic Income

By: Stacey Rutland Original Post: https://income-movement.medium.com/oregon-lawmakers-drop-the-ball-on-basic-income-f924e7bb0ec4 A new bill introduced by Rep. Brad Witt in the Oregon legislature would have established a state-run basic income

1,000 Phoenix Families Have Begun Receiving $1,000 a Month

Phoenix City Hall. Each family selected is expected to receive $12,000 over the next 12 months. By: ELIAS WEISS. Original Post: https://www.phoenixnewtimes.com/news/city-of-phoenix-promises-of-1000-monthly-stipend-debit-cards-in-the-mail-12964052 Phoenix families selected

The Future of Retail: More Self-Service

Self-checkout, self-service, autonomous stores, DIY: The retail world is prepping for a future with fewer human workers and more technology involved in selling us stuff.

U.S. cities try new way to help the poor: cash

By Andy Sullivan Original article: https://www.reuters.com/world/us/us-cities-try-new-way-help-poor-give-them-money-2021-12-21/ WASHINGTON, Dec 21 (Reuters) – Spurred by the coronavirus pandemic, dozens of U.S. cities are deploying a new tool in

Opinion: Radical hope may be coming from South Korea

Lee Jae-myung’s progressive platform in the presidential race could give transformative politics a boost globally. By Neil Howard Original article: https://www.aljazeera.com/opinions/2021/12/20/radical-hope-coming-from-south-korea In the face of

Twice as many UK voters support UBI than oppose it

44% of respondents support the idea of a universal basic income compared to 23% who oppose it. By Basit Mahmood Original article: https://leftfootforward.org/2021/11/exclusive-voters-support-a-universal-basic-income/ Almost twice

Basic income for all: Lee Jae-myung’s plan to reshape South Korea

Presidential hopeful wants universal basic income to ease economic disparities By Kim Jaewon Original article: https://asia.nikkei.com/Spotlight/Asia-Insight/Cash-for-all-Lee-Jae-myung-s-radical-plan-to-reshape-South-Korea SEOUL — Universal basic income, which has been gaining

Fremont City Leaders Vote to Study Universal Basic Income Pilot Program

By Bob Redell Original article: https://www.nbcbayarea.com/news/local/making-it-in-the-bay/fremont-city-leaders-vote-to-study-universal-basic-income-pilot-program/2715880/ Fremont could become the next Bay Area city to create universal basic income for residents as city leaders late Tuesday

Pre-filed bill would establish basic income program in Kentucky

By Bryce Shreve Original article: https://spectrumnews1.com/ky/louisville/news/2021/11/01/attica-scott-prefiles-universal-basic-income-bill-kylege?cid=id-app15_m-share_s-web_cmp-app_launch_august2020_c-producer_posts_po-organic FRANKFORT, Ky. — A bill pre-filed in Kentucky’s general assembly aims to establish universal basic income (UBI) in the Commonwealth.

Study: Poor parents receiving universal payments spend more on kids

By Sara Zaske, WSU News & Media Relations Original article: https://news.wsu.edu/press-release/2021/10/28/poor-parents-receiving-universal-payments-increase-spending-on-kids/ PULLMAN, Wash. –  When given cash with no strings attached, low- and middle-income parents increased their

The basic income versus government services debate in Chicago

By Blair Paddock Original article: https://news.wttw.com/2021/03/30/universal-basic-income-skeptics-say-cash-should-go-existing-services Chicagoans might see a trial of universal basic income. Last week, Chicago aldermen approved a resolution calling for the

Opinion: Why UBI?

This is a list of some arguments in support of UBI that I’ve most frequently come across during my years of following the UBI discussion.

UBI Gains a Friend in High Places

He is best known for his work on a Stockton pilot project that provided $500 a month to a small group of low-income residents. By Carla

The Other Epidemic: Deaths of Despair

Anne Case and Angus Deaton provide a compelling account of the problem, but anemic solutions. The epidemic of deaths of despair will continue unless we

How Poverty Makes Workers Less Productive

By Greg Rosalsky As Washington debates sending checks to Americans and increasing the minimum wage, a new study offers evidence for how such policies could help eliminate

Social Security for All?

The pandemic has exposed the systemic failures of America’s inadequate welfare state. It’s time to start over. By: MIMI ABRAMOVITZ, DEEPAK BHARGAVA The economic crisis that

Reality Check

Reality Check By: Gisele Huff, Founder and President of Fund for Humanity I despair. Because of the extraordinary, devastating circumstances in which we find ourselves,

Will robots take your job?

(An alternate version of this article was originally published in the Boston Globe) On December 2nd, 1942, a team of scientists led by Enrico Fermi

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