Money as Medicine – New England Journal of Medicine

Money as Medicine – New England Journal of Medicine

Photo by Towfiqu barbhuiya on Unsplash

An article by Eric Reinhart, M.D. has been published this month. Teaser:

“What the expanded child tax credit essentially did, at a cost of $128 billion over 1 year (less than 2% of the federal budget, 3% of 2023 U.S. health care spending, or 7% of the 2023 U.S. defense budget), was provide a guaranteed basic income for families with children. For many of the nearly 40 million U.S. residents living in poverty, this provision of public support in the form of basic income didn’t merely reduce poverty; it had a dramatic stabilizing effect and substantially improved their health and experience of everyday life.”

To read and/or download the full article, click here.

Call for Papers: FRIBIS Annual Conference 2024: Towards the Development of a Full UBI?

Call for Papers: FRIBIS Annual Conference 2024: Towards the Development of a Full UBI?

“The FRIBIS Annual Conference 2024 focuses on partial basic income models and their implementation into various welfare systems. By examining feasible designs of partial basic income, the conference aims to identify ways to advocate for the idea of an unconditional basic income politically. FRIBIS is particularly interested in contributions related to social protection floors, sustainability, and issues in an international context.

Date: Monday, October 7, 2024, 1:00 PM to Wednesday, October 9, 2024, 3:30 PM CEST

Location: Freiburg University (Germany)

Format: Hybrid

Call for Papers and Workshops Deadline:  June 30, 2024

Helpdesk:  conference@fribis.uni-freiburg.de

The conference will focus on models of a partial basic income and their implementability in various welfare state systems. FRIBIS is particularly interested in contributions related to:

Contributions from researchers and activists of all genders, locations, and cultures are welcome. Abstracts and full texts can be submitted for the core conference and the open part. The FRIBIS Best Paper Award (€1,000) will be awarded to the best contribution by a young researchers. For more information, please refer to the attached Call for Papers and Workshops or visit our conference website.”

Seattle Pilot doubles employment rates

Seattle Pilot doubles employment rates

Photo by Darpan on Unsplash

Note: Like many pilot programs, this one does not meet the BIEN definition of basic income because it is not universal for residents in its geographic region.

“A Seattle-area guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. Employment in the group nearly doubled, and numerous unhoused residents secured housing.

The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. New findings by research firm Applied Inference reveal that the $5,000 total payments improved participants’ quality of life, housing, and employment outcomes.”

To read the full Business Insider article, click here.

To read the full report by Applied Inference, LLC click here.

FRIBIS Lecture Series – Can a Basic Income Grant Reduce Violence?

FRIBIS Lecture Series – Can a Basic Income Grant Reduce Violence?

Event Title: FRIBIS Lecture Series – Can a Basic Income Grant Reduce Violence? Evidence from Namibia, Kenya, and Uganda Date & Time: April 23, 4:00 PM – 6:00 PM Format: Online Event Organizers: FRIBIS in cooperation with the BIP & WEF_FABI teams Zoom Link: https://uni-freiburg.zoom.us/j/67974655698?pwd=Mk4rY3BaM3VkK2ptYmpVUVFXcU1PUT09 Contact: Geoff Harris, geoffreyh@dut.ac.za

Event Summary: Youth in Africa are in search of wage employment and expect their governments to provide such opportunities. However, the demographic surge of youth, coupled with low job creation in both the private and public sectors, leaves many young people unemployed and dissatisfied, often leading to various forms of violence. This lecture examines the potential of a Basic Income Grant (BIG) for all adults as a means to mitigate such violence. There is ample evidence from developing countries, including several African nations, showing that BIG can not only reduce household poverty but also enhance personal and interpersonal peace, thereby reducing various forms of violence.

About the Speaker: Geoff Harris, an economist with over 30 years of teaching and research experience in peace studies, has been a Professor at the International Centre of Nonviolence at Durban University of Technology in South Africa since 2012. His most recent edited book – The Elgar Companion to War, Conflict and Peacebuilding in Africa – was published in February 2024.”

Basic income as a necessary component of a socio-ecological transformation 

“The dominant economic model is destabilizing societies. And the planet. It is time for change It is time for a basic income, too.

A memorandum signed worldwide by 39 renowned scientists and activists for basic income and 35 basic income organisations and networks from almost all continents points out the connection between basic income and socio-ecological transformation. According to the signatories, basic income is also a building block for climate justice. The memorandum will be sent to various UN organisations, the Club of Rome and leading European media in the coming days.

The memorandum is based on the demands of hundreds of scientists from Europe and of the report to the Club of Rome on basic income. It sharpens their analyses: “Global warming and the ongoing exploitation and destruction of nature are caused by the prevailing mode of production and life.” The profit and profit-driven utilisation of the environment and resources must come to an end. “A socio-ecological transformation must be oriented towards the needs of all people as well as towards fundamental ecological requirements – and must stop climate change immediately. Care for people and care for nature belong together. These are sustainable values, not the accumulation of superfluous goods to maintain the prevailing system of production and consumption.”

A basic income would reduce the existential pressure of having to accept even the most ecologically disastrous wage labour. It would also reduce the existential fear of necessary changes in the economy and society. It would promote a radical reduction in working hours and the democratic organisation of the socio-ecological transformation.

The memorandum argues in favour of the basic income movement, the ecological and feminist movements and other social movements coming together.

“Let us fight together for a world in which all people can live a good life on a healthy planet.”

To read the full memorandum, click here.

Brookings Institution study on Hollywood writers strike re AI

Brookings Institution study on Hollywood writers strike re AI

Photo by Andrea De Santis on Unsplash

“In some ways, the writers’ success reflects something of a best-case scenario. They were organized in a highly effective union, in a unionized industry, in a union town. They leveraged one of their greatest skills—their imagination—to project into the future and swiftly anticipate threats to their livelihood. As creators of popular shows and movies watched by millions of people, they enjoyed a visibility that other workers in similarly AI-exposed industries—such as paralegals, call center workers, bookkeeping assistants, engineers, and insurance underwriters—lack.

Even with this groundbreaking success, many writers remain anxious about the future. While historic, the contract they secured covers only the next three years, rendering the future uncertain as technological capabilities continue to advance. Many writers spoke frankly about the tension between corporations’ interest in maximizing profits and the security of their jobs. Shaping the future of their work will require vigilance, organizing, policy change, and attention from policymakers.”

To read the full article, click here.