by Liam Upton | Jan 2, 2015 | Research
[Liam Upton]
Protesters after recent killing of black Americans by the police. Picture credit: Debra Sweet and Flickr. Licensed by Creative Commons.
The author discusses the recent controversial deaths of Michael Brown and Eric Garner and goes on to discuss the issue of poverty in black America. At the end he proposes a Basic Income as a way to relieve or fix this problem.
Adam Cowden, “Moving Forward After Ferguson and Staten Island”, The Huffington Post UK, 10 December 2014
by Liam Upton | Jan 2, 2015 | Research
[Liam Upton]
Mathew Schmid, “The Next Big Social Idea: Unconditional Basic Income”, The World Post, 22 December 2014
by Liam Upton | Jan 1, 2015 | Research
[Liam Upton]
Imagine the government started handing out $10,000 annually to every adult in the country Photo:PM Images via Getty Image
Daniel Tencer, “Minimum Income: What You Should Know About The Idea That Could Revolutionize The 21st Century”, The Huffingron Post Canada, December 23 2014
by Andre Coelho | Dec 31, 2014 | Research
Image of the meeting in Athens. Source: El Mundo.
The Spanish newspaper El Mundo, in its online version, reports on the first summit of the Unconditional Basic Income Europe (UBIE), which took place in Athens on the past 28th of September. In this event, several top economists and activists which defend the unconditional basic income have participated, such as Stanislas Jourdan, Guy Standing and Lluís Torrens.
Carlos Fresneda, “¿Una renta básica europea? [An european basic income?]“, El Mundo, September 28 2014
by Toby | Dec 31, 2014 | Research
ABSTRACT: In this paper we compare the welfare effects of unemployment insurance (UI) with an universal basic income (UBI) system in an economy with idiosyncratic shocks to employment. Both policies provide a safety net in the face of idiosyncratic shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral hazard and substantial monitoring costs, which may threaten its usefulness. The universal basic income, which is simpler to manage and immune to moral hazard, may represent an interesting alternative in this context. We work within a dynamic equilibrium model with savings calibrated to the United States for 1990 and 2011, and provide results that show that UI beats UBI for insurance purposes because it is better targeted towards those in need.
Stephane Pallage, Christian Zimmermann, “Universal Basic Income versus Unemployment Insurance”, IDEAS, 2014 November 14
by Andre Coelho | Dec 30, 2014 | Research
John Muellbauer
Oxford Economics professor John Muellbauer elaborates a rational justification and a simple application plan for giving each EU citizen a 500 €, no strings attached, monthly payment. The money would be printed in the European Central Bank and simply given to registered citizens in the eurozone.
John Muellbauer, “Quantitative easing for the people“, Project Syndicate, November 7 2014