[Josh Martin]
In this post, the author graphs different approaches to the tax code in the UK, including a negative income tax, an unconditional basic income, and a conditional basic income.
“Using the tax system to deliver a living wage”, The Uxbridge Graduate, 4 October 2014.
[Josh Martin]
Edgett’s article provides an introduction to the unconditional basic income. By eliciting arguments on robots and automation, Edgett believes the basic income can solve many of the problems society will face in the next 100 years. Edgett then discusses the economic repercussions and subsequent “renaissance of human creativity” from the implementation of a basic income.
Elizabeth Edgett, “Unconditional Basic Income – an Economic Model for a New Renaissance”, Wake Up World, 24 November 2014.
(Source: Wake Up World)
Resilience.me. A Peer-to-Peer #BasicIncome Network. Resilience.me, August 29, 2014
SUMMARY: This article summarizes recent action in Iceland on basic income, where the Pirate Party requested that the Ministry of Social Affairs and Housing establish a working group for basic income.
Stanislas Jourdan, “Le parti pirate islandais demande au gouvernement de plancher sur le revenu de base [The Icelandic Pirate Party asks the government to consider basic income]” Revenu de base . October 16, 2014
[Josh Martin]
Utilizing the momentum against payday loan lenders generated by HBO’s John Oliver, Santens takes the opportunity to highlight the basic income’s impact on indebtedness. Using results from the basic income pilot projects in India and Namibia, Santens shows how effective the unconditional transfer is at combating indebtedness. There are a lot of quick payday loans you can apply for if you are looking for some extra money or quick cash during a financial emergency. If you’re looking to apply for a loan or just see what rates you could be looking at, start looking into payday loans and see how they could bide you over until payday.
However, for those with a low income this can be a slippery slope that leads to what seems to be inescapable debt. Someone who has a steady income can easily pay back a payday loan within a month or 2 of them getting it. They simply use the extra money to pay for whatever it was needed for and then have no issue paying it back within the necessary time.
However, it isn’t this easy for those with the lower or unstable incomes. If they take out a payday loan then they may not have the money they need to pay the loan company back which leads to late-payment fees or higher rates; pushing them even further into debt. Luckily, they can look for a payday loan consolidation service for them to help get them out of the poisonous cycle.
Scott Santens, “Payday Loan Lenders Are Unstoppable. . . Or Are They?”, Medium, 16 August 2014.
[Josh Martin]
This post contains a proposed structure for a cryptocurrency based basic income.
Koeppelmann, “Basic Income (CIRCLES) – reputation/market based approach to solve the identity problem/Sybil attacs”, Ethereum, 21 November 2014.
