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Basic Income

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Everywhere basic income has been tried, in one map: Kenya; Iran; Alaska; Stockton, California; and more. After hundreds of years, basic income seems to be finally catching on.

Everywhere basic income has been tried, in one map: Kenya; Iran; Alaska; Stockton, California; and more

The general idea — that the government should give every citizen a regular infusion of free money with no strings attached — has been around since the 16th century. But it’s experienced a remarkable resurgence over the past few years, moving from the fringes into the mainstream. Advocates ranging from tech billionaire Mark Zuckerberg to libertarian economist Milton Friedman have endorsed it. Andrew Yang popularized it on the Democratic debate stage. And around the world, countries are running pilot programs to test it. With a few exceptions — Kenya, where a big experiment in universal basic income (UBI) is underway; Iran, which has a nationwide unconditional cash transfer program; and Alaska, which gives an annual dividend to everyone in the state — basic income programs are offering money to small groups of a few hundred or a few thousand people, not an entire polity.

United States Alaska is an exception. Canada Brazil. - The Washington Post. Marica, Brazil, is making basic income a reality. About 52,000 people in the small Brazilian city of Maricá in the suburbs of Rio de Janeiro are set to receive a basic income set at roughly three-quarters of the national poverty line as part of a major new program to test basic income policies in the South American country.

Marica, Brazil, is making basic income a reality

The benefit, called the Renda Básica de Cidadania (Citizens’ Basic Income), is worth 130 reais per person per month; per recent OECD data, that’s around US$64 a month. For context, the Brazilian poverty line is set at 178 reais a month, and the minimum monthly wage for a full-time job is 998 reais; a family of four, each getting 130 reais each per month, would wind up getting over half a minimum salary from the program. Many families living just below the poverty line will be lifted above it. As of November, about half the eligible individuals will be enrolled, and enrollment is expected to be complete by early 2020. But the Maricá program stands out for a few reasons.

How the Maricá program will work. Free money for Alaskans hints at how universal basic income may work. Most everyone who has lived in Alaska for a year or more just got $1,606, no strings attached.

Free money for Alaskans hints at how universal basic income may work

The annual giveaway shares the Arctic state’s oil revenues with its residents. But Alaska’s program, now in its 38th year, is also providing valuable data for research into universal basic income, or UBI — an idea gaining traction in public debate thanks in part to Democratic presidential candidate Andrew Yang making it a cornerstone of his campaign.

“The Alaska Permanent Fund [dividend] is the closest thing we have to a real-world UBI,” says Jesse Rothstein, an economist at the University of California, Berkeley. Some studies suggest the Alaskan payments have coincided with overall poverty reductions and improvements to child health. But other research suggests a potential downside — giving everyone free money may further widen both the gender and wealth gap. Sign Up For the Latest from Science News Headlines and summaries of the latest Science News articles, delivered Tuesdays and Thursdays. Committee recommends pilot family basic income stipend amendment - Milwaukee Community Journal. Share on StumbleUpon0 shares on StumbleUpon Statement of Alderwoman Chantia Lewis The Finance and Personnel Committee voted 3-2 to recommend for approval a bold budget amendment I sponsored that would create a pilot program to provide $500 monthly basic income stipends to families in Milwaukee.

Committee recommends pilot family basic income stipend amendment - Milwaukee Community Journal

The amendment – requesting the Department of Administration to create a new SEED pilot program special fund of $100,000 – would be offset by foregoing computer replacement in the Police Department (for a total of $100,000). Here's what Universal Basic Income (UBI) could mean for your money. Universal Basic Income Would Change Everything For Parents.

The child care allowance.

Universal Basic Income Would Change Everything For Parents

A universal basic income. A few Democratic 2020 candidates for the presidency have brought up versions of the idea, like Andrew Yang, who wants to give every American $1,000 a month. But for many, the conversation seems like a far off idea, a pie-in-the-sky policy tantamount to throwing money out of a window. For many others, however, the policy is achievable. Just look at Stockton, California, a city that is piloting a program in which 125 families get 500 dollars a month. What is universal basic income. If elected, Democratic presidential candidate Andrew Yang will give every American $1,000 per month, no strings attached.

What is universal basic income

You read that correctly. It's part of the New York entrepreneur's big, broad plan to implement a so-called universal basic income -- a program he'll call the "Freedom Dividend" -- that makes regular cash payments to every American citizen over the age of 18, regardless of one's job status or income level. "Yes, that means you and everyone you know would get another $1,000/month every month from the U.S. government, no questions asked," Yang's campaign website reads.

Yang is not the first to pitch the idea of universal basic income, or UBI. Basic income program put to test in Stockton, California. The first government-led test of a basic income is underway in Stockton, California.Tomas Vargas Jr. is among a pool of 125 recipients of a $500 a month cash transfer funded by the city.The stipend comes with no strings attached: Vargas is spending his $500 a month investing in his kids' education -- and his family's future.

Basic income program put to test in Stockton, California

Groceries, electricity bills, tuition and kids' tutoring fees: These are some of the recurring costs that Stockton, California, resident Tomas Vargas Jr. can now afford thanks to the $500 per month he's receiving from the local government. Vargas Jr., a participant in the Stockton Economic Empowerment Demonstration, or SEED, program, is among the 125 local residents who were randomly selected to partake in the country's first government-led experiment in guaranteed basic income. "I was surprised, then shocked, and now I am grateful," Vargas Jr., 35, told CBS News of his inclusion in the pilot program. Critics say Yang's cash giveaway means people won't work. Alaska says otherwise. Breaking News Emails Get breaking news alerts and special reports.

Critics say Yang's cash giveaway means people won't work. Alaska says otherwise.

The news and stories that matter, delivered weekday mornings. Michael Tubbs on universal basic income: 'The issue with poverty is a lack of cash' Only a few policy ideas have the potential to disrupt the racial wealth gap or poverty.

Michael Tubbs on universal basic income: 'The issue with poverty is a lack of cash'

Universal basic income (UBI) is one of them. But its promise depends on how it’s presented, its design, and the public narrative. In various guises, UBI has gained attention in policy circles, and field demonstrations have been mounted worldwide. It is variously framed by conservatives as a cost-saving alternative to welfare, by progressives as a poverty remedy that frees vulnerable workers from exploitative employment, and by some as a hedge against automation. And though various UBI schemes differ in their details, all provide unconditional money to participants, with no work requirements or limitations on how the funds may be used. That’s why the UBI field pilot in Stockton, California, a diverse community with high rates of poverty and racial income disparities, is so intriguing.

If this project were wildly successful, what would change in Stockton and what would change in the nation? Presidential candidate Andrew Yang explains support for universal basic income. Andrew Yang, an entrepreneur and Democratic presidential candidate in 2020, has made implementing a universal basic income his central campaign plank.

Presidential candidate Andrew Yang explains support for universal basic income

On this week's episode of "The Takeout," Yang spoke with CBS News Chief Washington Correspondent Major Garrett to discuss the plan and how he is reaching a wide audience through social media. Universal basic income would give every citizen a certain amount of money or resources to meet basic needs. Yang said that this would be a more practical solution to impending job losses in industries such as coal mining or truck driving than training the newly-unemployed to work in the growing tech sector. One family's adventure with universal basic income of $1,000 a month. New Hampshire resident Chuck Fassi feared he and his family would become homeless while he struggled to find work after he resigned from his job of 13 years over a dispute with his employer in the chemical equipment industry. Because he resigned from his role as a field technician, he was ineligible for unemployment benefits.

"So we had a period when we had no income," the married father of one said. Enter New York City entrepreneur Andrew Yang, a longshot Democratic presidential candidate who's proposing a plan he calls the "Freedom Dividend" -- a universal basic income of $1,000 per month for every American adult. This year, Yang will use the Fassi family to demonstrate how the proposed stipend would work if he's elected president.

The money for the family will come directly from the candidate's pocket so the test doesn't violate campaign finance laws, experts say. Chuck Fassi has since found work, but the family still depends on the financial padding the living stipend provides. The important questions about universal basic income haven’t been answered yet. Universal basic income — the idea of giving everybody money — has been gaining momentum in policy circles lately. Finland just wrapped up a trial, and India might adopt a nationwide program. Proponents are hoping that the US, as it grapples with mounting inequality, will figure out how to offer a UBI here. But a new National Bureau of Economic Research (NBER) working paper by Hilary Hoynes and Jesse Rothstein dumps some cold water on UBI enthusiasm.

In their paper, the economists argue that a developed-world UBI is more distant than we realize, and that pilot programs aren’t going to change that. The aim of their paper was to pin down some UBI proposals in enough detail to analyze their effects, and to summarize what we know already (from existing research on the effects of welfare) about the likely income and employment effects of a UBI. $1,000 monthly in universal basic income gets put to a test. Democratic presidential candidate Andrew Yang is putting his money where his mouth is: He's giving families $1,000 a month to promote his proposal for a universal basic income -- a recurring, government-funded stipend for all American adults with no strings attached. The 44-year-old New York City entrepreneur turned presidential hopeful will distribute $1,000 of his personal fortune to one family in Iowa and one in New Hampshire -- the first two states on the presidential caucus and primary calendar -- every month this year to prove the efficacy of his so-called Freedom Dividend.

"This would enable all Americans to pay their bills, educate themselves, start businesses, be more creative, stay healthy, relocate for work, spend time with their children, take care of loved ones, and have a real stake in the future," Yang says on his campaign website. But the handout reduced recipients' stress levels. Putting money in Americans' pockets. Could a Universal Basic Income solve Appalachia’s post-coal poverty? While a three-week reprieve to the 35-day government shutdown is easing some of the pain, the month-long spat between President Trump and Democrats in Congress threatened the livelihoods of people receiving government assistance all over the country.

Local economies are still feeling the ripple effects, and many fear the new negotiations could lead to another damaging impasse. In central Appalachia, where one in four residents live below the federal poverty line, the shutdown adds urgency to a long-standing debate about what a safety net in rural America would look like, and whether there are ways to construct programs that would be more immune to the politics of the moment. One solution increasingly becoming a part of the mainstream political discourse: Universal Basic Income.

UBI — a federally-provided, no-strings-attached monthly payment to all U.S. adults, similar to Social Security — has been proposed as a potential solution to rampant poverty since Richard Nixon’s presidency. In Finland, giving people free money boosted happiness, not employment. Preliminary results are in for Finland’s landmark experiment with basic income — the idea that the government should give citizens a regular infusion of free cash with no strings attached. The outcome is not what Finland hoped it would be. But it’s arguably a success anyway. The Finnish trial, the results of which were released Friday, wasn’t an experiment in universal basic income (UBI), which includes all citizens whether they’ve got jobs or not. Rather, it was a targeted attempt to see what would happen if the government chose 2,000 unemployed citizens at random and gave them a check of 560 euros ($635) every month for two years.

Participants were assured they’d keep receiving the money if they got a job. By that metric, the experiment was a failure: Receiving free money didn’t impact the likelihood of people entering the workforce one way or another. Finland Gave People $640 A Month, No Strings Attached. Here’s What Happened. Did Finland's basic income experiment work? - BBC News.

- The Washington Post. Universal basic income is the solution to a worsening problem. What's a universal basic income doing in Ocasio-Cortez's "Green New Deal"? In 2007, the New York Times columnist Thomas Friedman wrote a story calling for a “Green New Deal.” Friedman explained that he no longer believed that there was one silver-bullet program that would solve climate change. Di Maio insists basic income scheme will go ahead by Christmas. Basic Income Test Will Give Black Mothers $1,000 a Month - NowThis. One of the world's largest basic income experiments was abruptly shortened — now a Canadian political leader is trying to restart it. The leader of Canada's third-largest political party is calling for the federal government to fund one of the world's largest basic income programs, a three-year pilot in Ontario that is set to end one year early.

During a speech at the Council of Canadian Innovators on Tuesday, New Democratic Party leader Jagmeet Singh said the program cancellation makes it impossible for officials to gather enough data on whether cash payments could improve the economic security of Canadians in poverty. Ontario's new Conservative government to end basic income experiment. Ontario’s new Conservative government has said it will scrap the province’s basic income pilot, calling it expensive and unsustainable – and bringing an abrupt end to North America’s first government-backed trial of the idea in decades. The previous Liberal government launched the pilot program last year, touting it as a unique three-year foray into a policy touted as a panacea to poverty, bloated bureaucracy and the rise of precarious work. The C$150m pilot recruited 4,000 participants across three regions of the Canadian province, ranging from people working in low-paying or precarious jobs to those on social assistance.

Universal Basic Income: An Idea Whose Time Has Come? Annie Lowrey - "Give People Money" and the Case for a Universal Basic Income - Extended Interview - The Daily Show with Trevor Noah (Video Clip) Who Really Stands to Win from Universal Basic Income? Ray Kurzweil: Universal Basic Income will arrive in the 2030s - Axios. Testing a universal basic income. Technology is changing the kinds and number of jobs we have in this economy, so there's a push to give people who lose out a guaranteed minimum income. How big would that check be? And who would it come from? Questions for Lee Cowan to answer in our Cover Story: The Paradox of Universal Basic Income. Universal Basic Income: Two Contrasting Views on Free Money. There is growing debate over the idea that governments should provide citizens with a safety net to cover life’s necessities.

While still largely a non-starter in the U.S., universal basic income (UBI) -- or guaranteed money from the government -- has the backing of several tech-world luminaries, including Mark Zuckerberg, Elon Musk, and Richard Branson. They see work opportunities drying up as potentially tens of millions of jobs are replaced by automation. Chris Hughes, cofounder of Facebook , is one of the tech titans devoting his time to advocate for UBI. Basic income experts predict an important milestone in 2018. What If Everyone Got a Monthly Check From the Government? One afternoon in the final days of 2016, Steffie Eronen got a phone call from her husband, Juha.

A village in Kenya is quietly disproving the biggest myth about basic income. The Promise of Kenya’s Experiment With Universal Basic Income. Theconversation. Giving every American $12,000 a year in free money could grow the economy by $2.5 trillion, study finds. Top Economists Endorse Universal Basic Income. Is Guaranteed Income for All the Answer to Joblessness and Poverty?

Finnish citizens given universal basic income report lower stress levels and greater incentive to work. Finland has been giving 2,000 of its citizens an unconditional income for the last five months and some are already seeing the benefits, reporting decreased stress, greater incentives to find work and more time to pursue business ideas. Uk.businessinsider. Laurent Dubrule/Reuters. The Conversations About Basic Income is a Mess. Here's How to Make Sense of It. Labour sets up 'working group' to investigate universal basic income, John McDonnell reveals. Finland May Have Found The Answer To Increasing Global Unemployment. Finland launches two-year experiment in basic income for the unemployed - The Verge. Universal basic income trials being considered in Scotland. Uk.businessinsider. Finland to begin paying basic income to unemployed citizens. Universal Basic Income Is Worth Fighting For Against All Odds  The argument for a basic income.

Basic income: the world’s simplest plan to end poverty, explained. Jeremy Corbyn pledges Labour party will investigate idea of universal basic income. Libertarian presidential candidate 'open' to basic income. Revival of Universal Basic Income Proposal Ignores Needs of Labor Force. Top White House Economist Dismisses the Idea of a Universal Basic Income. The inside story of Y Combinator's basic income project. Basic income advocates lost the battle in Switzerland. They're winning the war. A Guaranteed Income for Every American. A universal basic income could absolutely solve poverty. Switzerland To Guarantee All Citizens $2,600 Monthly Income. The First Universal-Basic-Income Experiment. What Would Happen If We Just Gave People Money?

A Universal Basic Income Is the Utopia We Deserve. This is the most comprehensive, rigorous test of universal basic income to date. The Panama Papers prove it: we can afford a universal basic income. Beyond Minimum Wage Hikes: With Universal Basic Income, "Everyone Gets a Check" What it's like to earn a basic income. It's Time For Canada To Test A Basic Income  Columns - The Manchester Magazine. We talked to five experts about what it would take to actually institute Universal Basic Income  Québec: Minister of Employment appointed to work on basic income.

Switzerland Will Hold The World's First Universal Basic Income Referendum. Mitt Romney: Republicans Are “Nuts Not to Raise the Minimum Wage” A Feminist Case For A Universal Basic Income. French National Assembly to vote on universal basic income study. Is a Universal Basic Income an idea that would work in America? - Clarksdale Press Register: Opinion. Guaranteed income eyed by advocacy groups. Will a Basic Income turn us all into entrepreneurs?

Citizen’s income is an idea whose time has come. “Inequality: What can be done? “ - interview with Sir Anthony Barnes Atkinson. Basic income idea in front of council. Study: Over half the population supports basic income scheme. The Brilliant Simplicity of a Guaranteed Minimum Income. Leading UK think tank lists basic income in top 10 trends for 2016. An American basic income: how do we get there? How a universal basic income could fuel entrepreneurship. Scrap benefits system and bring in universal 'citizens wage' basic income for everyone, think-tank recommends. The Basic Income Bros. Think tank floats 'basic income' idea for all citizens. American achieves first crowdfunded monthly basic income. Universal Basic Income. This Country Is Paying People To Live There. Why the Tech Elite Is Getting Behind Universal Basic Income. Switzerland’s Proposal to Pay People for Being Alive.

Alive in the Sunshine.