Author Archives: Craig Axford

Jillian Correira, “Universal basic income could lower poverty”

[Craig Axford] SUMMARY: This article cites research indicating that even a basic income guarantee of as little as $2,920 a year to every American, whether they are of working age or not, could reduce poverty by as much as 50%, and it would cost about what the US is spending on anti-poverty programs right now. Jillian Corriera, “Universal basic income

» Read more

Sam Ross-Brown, “How to Win the War on Poverty”

[Craig Axford] SUMMARY: In January of 2014 the United States marked the 50th anniversary of Lyndon Johnson’s War on Poverty.  The author of this article contends this “war’s” failure is due to its focus on the symptoms of poverty rather than the roots of poverty.  A basic income guarantee, he contends, would attack the roots. Sam Ross-Brown, “How to Win

» Read more

OPINION: The Basic Income Guarantee Becomes a Rorschach Test in the U.S. Media

The Basic Income Guarantee (BIG) recently became a part of a flurry of discussion on the internet and in the media, when Jesse A. Myerson, of Rolling Stone Magazine, included it in a list of “Five Economic Reforms Millennials Should Be Fighting For.” This ensuing discussion reveals a lot about the many different ways people see BIG.

» Read more

Ed Dolan, "Could We Afford a Universal Basic Income"

[Craig Axford] With this post, Ed Dolan concludes the United States can provide a basic income guarantee of approximately $5,850 for every American with the exception of some current Social Security recipients.  This grant could be funded using only existing federal anti-poverty spending, excluding healthcare spending or money currently contributed to these programs by the states. Ed Dolan, “Could We

» Read more

Jordan Weissmann, "Remembering Martin Luther King, Jr.'s Solution to Poverty"

[Craig Axford] SUMMARY: In his final book, Where Do We Go From Here: Chaos or Community?, Martin Luther King, Jr. advocated for a universal basic income.  In addition to recalling King’s contribution to civil rights during the days surrounding Martin Luther King, Jr. Day, it’s worth remembering his commitment to ending poverty as well. Jordan Weissmann, “Remembering Martin Luther King,

» Read more

Stephanie Nolen, "What would Robin Hood do: How cash handouts are remaking lives in Brazil"

[Craig Axford] This story takes a look at the remarkable changes that have taken place within Brazil since the implementation of the Bolsa Familia grant program ten years ago.  According to the article, “Between 2003 and 2009, incomes of the poorest Brazilians grew seven times those of rich citizens.” In addition, school attendance is up and infant mortality has declined

» Read more

Stephan Faris, "The Swiss Join the Fight Against Inequality"

[Craig Axford] SUMMARY: The Swiss have a long history of referendums that lead to change not only at home, but abroad as well.  Recently they passed a referendum giving shareholders greater say over executive compensation, and though a proposal to cap executive salaries to 12 times that of the lowest paid worker recently failed, it is an idea that has

» Read more

Joshua McCabe, four essays on the Basic Income Guarantee

[Craig Axford] The following series of posts regarding a basic income guarantee were written by Joshua McCabe, a PhD candidate in the department of sociology at the University at Albany and an Adam Smith Fellow at the Mercatus Center.  All posts were written for the Bleeding Heart Libertarians blog. Joshua McCabe, “The Positive Political Economy of the Basic Income Guarantee”,

» Read more

Ed Dolan, "The Economic Case for a Universal Basic Income"

[Craig Axford] In this blog post economist Ed Dolan evaluates the effectiveness of a universal basic income using four common criteria: effectiveness at lifting everyone above the poverty line; the degree to which the program targets those who need it most; availability of work incentives; and, administrative efficiency. Ed Dolan, “The Economic Case for a Universal Basic Income”, EconoMonitor, January

» Read more
1 6 7 8 9 10