Geoff Crocker proposes ‘a basic income funded by QE in proportion to output GDP and not counted as deficit’ as ‘the only ultimate solution’. This prescription is based on his diagnosis that ‘the delinkage of productivity and real wages is the underlying cause of the 2007 economic crisis.’
Geoff Crocker, “The Economic Necessity of Basic Income,” Munich Personal RePEc Archive, Paper No. 62941, posted 18 March 2015.
Malcolm Torry, the director of the Citizen’s Income Trust, recently published a working paper that shows two different ways which would be financially feasible.
Malcolm Torry, “Two feasible ways to implement a revenue neutral Citizen’s Income scheme,” April 2015, Euromod Working Paper Series: EM 6/15, Institute for Social and Economic Research, University of Essex.
Calgary Mayor Naheed Nenshi called for “brave step” toward Basic Income Guarantee, at the National Poverty Reduction Summit on 7th May in Ottawa. The summit was hosted by Tamarack and Vibrant Communities Canada, from 6th to 8th May. Nenshi was elected in 2010, and then initiated a poverty reduction strategy called ‘enough for all’. He was awarded the ‘World Mayor’ prize in 2014.
More detail can be read here.
The 5 Star march for a citizen’s income from Perugia to Assisi on 9th May.
It starts off at 12 noon from Giardini del Frontone, Borgo XX Giugno, Perugia. The arrival is scheduled for around 5:00 pm to 6:00 pm in Viale Patrono d’Italia by the Basilica of Santa Maria degli Angeli, Assisi.
See the details at: https://www.beppegrillo.it/en/2015/05/08/marcia5stelle_5_star_march_for_3.html
Their concept of a citizen income is not exactly same as an unconditional basic income. Please see on the analysis of their concept at: https://basicincome.org/news/2013/03/italy-5-star-movement-and-the-confusing-proposal-of-a-citizens-income/
Daniel Raventós and Julie Wark, “Free Money for Everyone! What’s the World Coming To” Counterpunch, weekend edition 20-22 March 2015.
The 24th BIEN CONGRESS in Maricá & Niterói – Rio de Janeiro, Brazil – 27-29 August 2025
Linkedin, Instagram, X – biencongress25 (at) gmail [dot] com
BIEN2024 was August 29–31 (Pictures and more coming soon)