Scott Santens, “Guess what happened when Liberia tested a pilot program of cash transfers to the extreme poor in Bomi”

Credit to: www.flickr.com

Credit to: www.flickr.com

 

Scott Santens reports on a recently completed basic income pilot in Liberia. Results closely follow other cash transfer programs, as money expenditure goes mainly to food, followed by school, housing, health, savings and clothing. Still according to the referred pilot study, one third of the recipients started businesses of their own, and the sharing of money and food grew. It seems clear that Basic Income works.

 

Scott Santens, “Guess what happened when Liberia tested a pilot program of cash transfers to the extreme poor in Bomi“, Scott Santens Blog, February 23 2015

 

Paul Buchheit, “The corporate debt to society: 10 000 $USD per household, per year”

Credit to: Nation of Change

Credit to: Nation of Change

 

In this article, the author calls for a wider version of the Alaska Permanent Fund, one that could be applied to the United States as a whole. This form of Basic Income, the author argues, could come from corporate profit, since, all things considered, corporations owe the vast majority of their wealth to public funds. Being so, it is only fair that this money, accounted for as much as 10 000 $USD per household, per year, returns to the public, supporting the people who provide most of the labor and resources.

 

Paul Buchheit, “The corporate debt to society: 10 000 $USD per household, per year“, Nation of Change, February 23 2015

Tim Worstall, “India’s Basic Income, Or, Let’s Abolish Food Stamps And Make Everyone Richer”

Credi to: OpenIndia

Credi to: OpenIndia

 

The author argues that giving things to people is not as valuable as giving them money. This he learned from a new book, called Basic Income. A chance to exercise freedom in choosing what and when to buy, instead of being micro-managed by far away bureaucrats handing out food stamps or housing vouchers.

 

Tim Worstall, “India’s Basic Income, Or, Let’s Abolish Food Stamps And Make Everyone Richer“, Forbes, January 28 2015

Guy Standing, “Basic income pilots: a better option than QE”

Credit to: Social Europe

Credit to: Social Europe

 

Guy Standing describes, in the present article, the European Central Bank (ECB) as undemocratic, pushing countries to step back on social policies, ramping up insecurity and precariousness and generally representing the financial sector. He suggests directing a small 1% part of the recently deployed Quantitative Easing (QE) scheme to lower income regions, in the form of a basic income, on a pilot basis, suggesting payment for 12 or 24 months. Main benefits include reduced pressure to emigrate, boost aggregate demand and help reduce inequality.

 

 

Guy Standing, “Basic income pilots: a better option than QE“, Social Europe, February 9 2015

Scott Santens, “Universal basic income as the social vaccine of the 21st century”

Picture from: Glömstapoolen.com

Picture from: Glömstapoolen.com

The article compares the savings gathered in eradicating smallpox, with the introduction of a basic income, arguing that the same prevention logic applies as to eradicating poverty. It is strongly supported on registered costs and financial estimates, but also refers non monetary benefits from prevention, both on the physical smallpox disease and the modern poverty pandemic.

 

Scott Santens, “Universal basic income as the social vaccine of the 21st century“, Medium, February 5 2015