Tuesday, Mar 24, 2020
The report shows nearly three-quarters of respondents who were working when the pilot project began kept at it despite receiving basic income.
That finding appears to contradict the criticism some levelled at the project, saying it would sap people’s motivation to stay in the workforce or seek employment.
Thursday, Sep 12, 2019
One should always be wary of simple solutions to complex problems, and universal basic income is no exception. The fact that this answer to automation and globalization has been met with such enthusiasm indicates a breakdown not in the economic system, but in democratic politics and civic life.
Monday, Apr 15, 2019
Unemployed people derive significant psychological benefits from receiving a fixed amount of financial support from the state, according to a landmark experiment into basic income in Finland that highlights the disadvantages of the country’s existing means-tested system.
Tuesday, Dec 12, 2017
What is UBI? How would free money change our lives?
Thursday, Nov 9, 2017
Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime. Wait, scratch that, he won’t eat for a lifetime. Automation took over and fished the metaphorical seas dry. Meanwhile, some bold tech leaders pipe up: “I have a brilliant idea. What if we just give everybody fish?”
Thursday, Jul 27, 2017
Whereas UBI is traditionally seen as an antidote to widespread job loss, some of today’s proponents view it in a different, somewhat counterintuitive light as well: as a way to encourage self-sufficiency and innovation.
Thursday, Jun 15, 2017
The report found no evidence for the idea that people will work less under a universal income, and found that in some cases, like in the service industry, people worked more, expanding their businesses or pursuing more satisfying lines of work.
Thursday, Mar 16, 2017
A basic income could defeat the scarcity mindset, instil a sense of solidarity and even ease the anxieties that gave us Brexit and Trump.
Thursday, Mar 2, 2017
As automation reduces the need for human labor, some Silicon Valley executives think a universal income will be the answer — and the beta test is happening in Kenya.
Monday, Jan 30, 2017
Giving money to everyone for doing nothing? That sounds both incredibly expensive and a great way to encourage people to do nothing. Well, it may sound counter-intuitive, but the exact opposite is true on both accounts.
Wednesday, Jan 25, 2017
Paying everyone a small amount each month no matter what could make a big difference for freelancers and entrepreneurs.
Thursday, Jan 5, 2017
Finland will soon hand out cash to 2,000 jobless people, free of bureaucracy or limits on side earnings. The idea, universal basic income, is gaining traction worldwide.
Wednesday, Dec 14, 2016
We have a crisis of work. The secure, well-paid jobs of the past — many of them in manufacturing — are disappearing. What is replacing them is insecurity and uncertainty. Low-paid, part-time, temporary and seasonal work.
Tuesday, Nov 15, 2016
We may need to pay people just to live in an automated world, says space biz baron.
Monday, Oct 17, 2016
The call for basic income in order to soften the effects of automation is hence not a call for greater economic justice. Our economy stays as it is; we simply extend the circle of those who are entitled to receive public benefits. If we want economic justice, then our starting point needs to be more radical: We need to reconsider our deeply ingrained belief that wages and proceeds today are (usually) deserved.
Thursday, Oct 6, 2016
When we talk about the economy, we spend a lot of time talking about jobs — how to create more of them and how to replace the ones being lost. But what if we’re entering an automated future where there won’t be enough jobs for the people who need them? If this happens, how will people pay for food and shelter?
Wednesday, Sep 21, 2016
The idea of giving people free money is so radical, even some recipients think it’s too good to be true.
Wednesday, Jun 15, 2016
Swiss voters have overwhelmingly rejected a proposal to introduce a guaranteed basic income for all. Final results from Sunday’s referendum showed that nearly 77% opposed the plan, with only 23% backing it.
Friday, Apr 22, 2016
The gist: a lot of full-time jobs in the modern economy simply don’t pay a living wage. And even those jobs may be obliterated by new technologies. What’s to be done so that financially vulnerable people aren’t just crushed? It may finally be time for an idea that economists have promoted for decades: a guaranteed basic income.
Friday, Feb 19, 2016
Universal Basic Income (UBI) proposals are gaining in popularity across the political spectrum. The measures would see governments hand a set monthly income to every single citizen within a country, either in addition to existing benefits or in place of them (depending on the details of the particular UBI proposal).