A Basic Income is a periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement.
The Royal Society of Arts Explains: [2 minutes]

Recent News, Opinion, and Research
New academic research shows that basic income improves health
PROOF, the interdisciplinary research group that studies food insecurity in Canada, has published research on guaranteed annual income and food insecurity (not having access to sufficient affordable, nutritious food) in Canadian Public Policy. Seven years of...
NEW BOOK: Korean edition of Daniel Raventós’s Basic Income: The Material Conditions of Freedom
Economist Daniel Raventós’s book has now been published in Korean. As he describes in the preface, Raventós visit to Seoul for BIEN’s 16th Congress affirmed his interest in promoting basic income in South Korea
Cooperative Society and Basic Income: A Case from China
Written by Cheng Furui In the process of Chinese industrialization and urbanization, more and more rural villagers have been transformed into urban citizens. Decades of industrialization have left China with a typical dual economic structure: people who make wages...
SPAIN [Basque Country]: Two MPs of Basque Country have long been supporting Unconditional Basic Income
On September 25th, Elkarrekin Podemos, a new leftist party with basic income in its platform, won 15% of seats in Basque Parliament. The Socialist Party received 12%, and the centre-right Nationalist Party won a minority government with 37%. Earlier this year in the...
SPAIN: XVI Basic Income Symposium at the Faculty of Economics and Business
The XVI Basic Income Symposium at the Faculty of Economics and Business will take place on November 18-19. This event will be held at the Sarriko-Aula Magna, at this Faculty in Bilbao. Presentations and debates will start at 9 am on Friday (the 18th) and close...
IRELAND: Social Policy Conference on Basic Income (Nov 22)
Social Justice Ireland’s 2016 Social Policy Conference in Dublin will center on the topic of basic income in Ireland and throughout Europe.
KILKENNY, IRELAND: Basic Income panel at economics and comedy festival (Nov 12)
The 2016 edition of Ireland’s Kilkenomics Festival, the internationally-regarded economics and comedy festival, will include a panel on the pros and cons of universal basic income.
BIRMINGHAM, UK: House of Commons prepares new debate on Basic Income
The Work and Pensions Committee of the UK House of Commons is currently looking for participants to argue for or against a basic income at a one-off oral evidence session, which will be held on January 12, 2017, at the University of Birmingham.
Will basic income cause inflation?
Some are worried that a basic income would lead to inflation. Experts are not so sure.
Roosevelt Institute report: “Universal Basic Income: What is it, and Is it Right for the US?”
“If the traditional form of work—full-time employment paying middle class wages with benefits—is no longer a realistic expectation, how will we sustain a large middle class in the future? And if the spending power of millions of middle-class families is sharply reduced, what will be the effect on economic growth? These are the big questions universal income addresses.”
US: Elon Musk predicts a “pretty good chance” for UBI
Elon Musk says, “There’s a pretty good chance we’ll end up with a universal basic income, or something like that, due to automation. I’m not sure what else one would do. I think that is what would happen.”
Ideas for India e-Symposium: The idea of a universal basic income in the Indian context
In the last week of September 2016, the website Ideas for India published a symposium on universal basic income, featuring essays by six well-known Indian economists.