[Craig Axford]
SUMMARY: In this short post the author cites the prospect of long-term technologically driven unemployment as a fundamental reason behind his endorsement of Switzerland’s basic income guarantee proposal.
Philip Khaled Brenan, “Switzerland, the Basic Income, and Technological Unemployment”, The Cat House, March 26, 2014
[Craig Axford]
SUMMARY: Retired psychiatrist Dr. Gill Caradoc-Davies argues the term “child poverty” is misplaced. Children are by their nature “embedded” in their families, and to address child poverty it will be necessary for countries like New Zealand to address poverty in its entirety. To accomplish that, the author argues, a universal basic income is the best approach.
Dr. Gill Caradoc-Davies, “Urgent need to alter NZ’s wealth”, Otago Daily Times, March 28, 2014
Bob Adelmann offers a critical review of proposal to expand EITC
[Craig Axford]
SUMMARY: In this blog post, author Bob Adelmann offers a critique of President Obama’s proposal to double the Earned Income Tax Credit (EITC) program. The EITC was modeled after economist Milton Friedman’s “negative income tax” idea. Currently the EITC offers workers with children a tax credit of just over $500 on incomes of up to $6,570 according to the author, but the tax credit begins to decline once incomes reach $8,220.
Bob Adelmann, “President Proposes Doubling Tax Subsidy for the Poor”, The New American, March 13, 2014
[Craig Axford]
Are wage subsidies a viable alternative to both raising the minimum wage and the Earned Income Tax Credit (EITC)? This author thinks they might be.
Noah Smith, “Wage subsidies”, Noahpinion, December 7, 2013
Source: thezeitgeistmovement.com
[Craig Axford]
This short video from the early days of the basic income signature gathering campaign within the EU provides an excellent overview of the basic income idea.
Video: Dani, “Should the Basic Income Become a New Human Right? This Video Explains What It is in 3 Minutes”, Films for Action, March 25, 2013
