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A Five-Year Basic Income Experiment is Finally Happening in the US: $2,000 a Month
Y Combinator, the Silicon Valley technology startup-incubator that’s that offered early funding for Airbnb, Reddit, Genius, Twitch, and Dropbox, among others, has its eyes on a backing an even bigger potential disruption: basic income. This week, the company announced that its year-long feasibility study on basic income, using a few dozen people in Oakland, California, had come to an end. Its next logical step is altogether more ambitious...
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Finland is giving each citizen a universal basic income and it is making people less stressed
Citizens receiving a basic monthly income as part of a radical Finnish pilot scheme have seen a reduction in their stress levels, an official leading the trial has said. The first of its kind in Europe, the scheme sees 2,000 people receive 560 euros (£473) every month for two years. Recipients do not have to report whether they are seeking employment or how they are spending the money, which is deducted from any benefits they are already receiving.
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Universal Basic Income Explained – Free Money for Everybody?
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Scotland united in curiosity as councils trial universal basic income
Universal basic income is, according to its many and various supporters, an idea whose time has come. The deceptively simple notion of offering every citizen a regular payment without means testing or requiring them to work for it has backers as disparate as Mark Zuckerberg, Stephen Hawking, Caroline Lucas and Richard Branson. Ed Miliband chose the concept to launch his ideas podcast Reasons to be Cheerful in the autumn.
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A village in Kenya is quietly disproving the biggest myth about basic income
A 12-year basic income experiment in Kenya is showing that people typically spend free cash on necessities, not vices like alcohol or gambling. Maurice Owiti is 47 years old and works as a caregiver in a rural Kenyan village. In a poor community such as his, Owiti is lucky to have a job. But until late 2016, spending even $20 a month on school fees for his son was a struggle.
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Should everybody get £10,000?
The government should give £10,000 to every citizen under 55, a report suggests.
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It's time for America to embrace guaranteed income
We should provide a guaranteed income of $500 a month for every working adult who makes less than $50,000, argues Facebook co-founder Chris Hughes
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Many in Silicon Valley support Universal Basic Income. Now the California Democratic Party does, too.
It’s a sign that the idea is moving from fringe to mainstream.
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This Idea Can Literally Change the World: Partial Basic Income through Universal Carbon Dividends
A Bipartisan Free Market Solution to Climate Change Through Atmospheric Justice. By Scott Santens.
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The case for Universal Basic Income where everyone gets paid £1,000 a month
As the march of the robots continues in the workplace and economic inequality rises, music legend Brian Eno sees an obvious solution. The ambient pioneer and former Roxy Music star is one of many big names backing calls to introduce Universal Basic Income. Under the scheme, everyone would get a set amount of cash every month.
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Facebook co-founder Chris Hughes says the 1 percent should give cash to working people
“Fair Shot” author Chris Hughes is trying to convince America’s richest citizens to give money to working people — not education policy, not inspirational messages, not invocations to try harder. Cash. “Cash is the best thing you can do to improve health outcomes, education outcomes and lift people out of poverty,” Hughes said on the latest episode of Recode Decode, hosted by Kara Swisher.
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What Happens When Every Citizen Receives a Universal Basic Income
Later this year, Stockton, a city in California with a 25% poverty rate, will conduct an unusual experiment: Roughly 100 of its citizens will receive $500 a month for 12-18 months, with no work requirements and no strings attached. Researchers likely will regularly assess the recipients’ health, childcare arrangements, education, and general well-being in order to measure how this kind of financial leg up affects quality of life.
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Google’s chief futurist says basic income will spread worldwide by the 2030s.
Ray Kurzweil is Google’s director of engineering and believes UBI is inevitable.
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Finland’s Basic Income Pilot Was Never Really A Universal Basic Income
Much has been made of the end of the Nordic country’s experiment with giving some of its residents cash, but the program was actually a conservative welfare program that doesn’t say anything about the true UBI experiments in the works around the world.
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Elon Musk: Free cash handouts from the government ‘will be necessary’ if robots take humans' jobs
Billionaire tech titan Elon Musk has been tweeting quite a lot of late — about everything from his philosophical mentors (Douglas Adams and Isaac Asimov) to his political leanings (he's a socialist). But nearly lost in a flurry of tweets, Musk now says that universal basic income (UBI) — essentially, free cash handouts — "will be necessary over time if AI [artificial intelligence] takes over most human jobs."
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Hundreds sign up for universal basic income experiment in Swiss town
Nearly 600 people have signed on to take part in a universal basic income (UBI) experiment in the northern Swiss town of Rheinau meaning researchers are close to hitting the number needed for the project to have any chance of going ahead. In the seven days since the enrolment process began, 588 residents of the town have agreed to take part in the project which would see participating adults receive a monthly universal basic income (UBI) of 2,500 francs ($2,570) for a year. This means the woman behind the experiment, Swiss filmmaker Rebecca Panian, has almost hit her target of at least 650 participants.
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Universal basic income wouldn’t make people lazy–it would change the nature of work
Americans believe in the importance of a good day’s work. And so it’s understandable that the prospect of a universal basic income (UBI), in which the government would issue checks to cover the basic costs of living, rubs some people the wrong way. Writing in The Week in 2014, Pascal-Emmanuel Gobry envisions a UBI dystopia in which “millions of people” are “listing away in socially destructive idleness,” with “the consequences of this lost productivity reverberating throughout the society in lower growth and, probably, lower employment.”
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Universal Basic Income; Socialist Pipedream or the Answer to Automation?
Universal Basic Income (UBI) is a social policy in which all citizens of a country or community receive a fixed amount of money each month. UBI payments are funded by taxpayer dollars and provided unconditionally and in addition to any income, a person receives from work or investments.
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The colossal problem with universal basic income
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We've declared a climate emergency – here's what universal basic income could do to help the planet
The first step is admitting we have a problem, but what should come next to protect the planet?
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