• Would a universal basic income discourage people from working? | IN 60 SECONDS
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    Would a universal basic income discourage people from working? | IN 60 SECONDS

    Television is so glamorous… sorry, I shouldn’t have talked. One of the most persuasive arguments against a universal basic income is the people will stop working. They’ll take the universal basic income, they’ll pool it and they will simply live in idle life. It’s a serious issue and I had to take that into account in the design of the program. And the solution that I came up with is pretty straightforward. As long as people have a job that pays less than thirty thousand dollars a year, they continue to get the full ten thousand dollars. Now there is a certain tax that is levied on after thirty thousand…

  • If Robots Take Our Jobs, Is Universal Basic Income a Practical Response?
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    If Robots Take Our Jobs, Is Universal Basic Income a Practical Response?

    We talked about some policy implications. One of the things that has started really in 2016- 2017 you start hearing a lot about universal basic income and I get a raise of hands who’s heard the term universal basic income? So most of you have heard it it’s this really it. Actually encompasses a number of different ideas some of which libertarians love and some of which sort of progressive liberals love and so and they’re very actually they’re very different but there’s a lot of these questions around if work is changing, if there’s less of it or less of it that in if we’re using the same economic…

  • Universal basic income: The plan to give $12,000 to every American adult | Andrew Yang
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    Universal basic income: The plan to give $12,000 to every American adult | Andrew Yang

    Universal basic income is an idea that’s older than America, where Thomas Paine was for it at the founding of the country, he called it the citizen’s dividend. Decades later Martin Luther King, Jr. was for it. He championed it before he was assassinated in 1968. And Milton Friedman and 1,000 economists signed a study in the late ’60s saying this would be tremendous for both the economy and society. It received so much support that it passed the House of Representatives twice under Richard Nixon in 1971. And the only reason it didn’t become law was that Democrats in the Senate wanted an even higher income threshold. So a…

  • Can Universal Basic Income / Social Democracy  Fix America’s Inequality? | Jeffrey Sachs
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    Can Universal Basic Income / Social Democracy Fix America’s Inequality? | Jeffrey Sachs

    There’s a proposal around that’s got a lot of interest called universal basic income where everybody is guaranteed at least a certain level of income in the society. Some free market economists like Milton Friedman talked about a negative income tax which in effect had the same features of guaranteeing a certain level of income for everybody as a base. I think from a human rights and decency standard there’s a lot of sense to the idea that everybody in a society should be able to meet their basic needs. There’s on the other hand this sense if you give someone a check whether they’re trying, not trying, working, not…

  • My Q&A Interview with Forbes About Universal Basic Income
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    My Q&A Interview with Forbes About Universal Basic Income

    Hi everyone. So this episode will be a bit different. I did an interview with Forbes back in September of 2016. And the interview is actually a really good Q&A So I think it would be good to do this as an episode where I will say the questions and then provide the answers. that I gave in this interview. So this interview was published on Forbes on December 22, 2016, and the title is “Basic Income Might be the Answer to Society’s Productivity Crisis.” And it was written by Kavi Guppta. So without further adieu, here is the article. With the decline of manufacturing jobs, and the onset of…

  • Can Universal Basic Income End Our Cultural Obsession With Work? | Philosopher Andrew Taggart
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    Can Universal Basic Income End Our Cultural Obsession With Work? | Philosopher Andrew Taggart

    ‘Total work’ was a term coined by Josef Pieper, a lesser known German philosopher from the 20th century, and he was concerned that after World War II there would be a time of total work. By that I take him to mean that work comes to be the center around which the world turns. Human beings start to see themselves chiefly as workers, and the entirety of life becomes more and more work, or work like. To see this we can begin to examine a number of what I might call tightening conditions. So the first condition would be the centrality of work. We’ve come to think that work is…

  • The moral case for universal basic income | IN 60 SECONDS
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    The moral case for universal basic income | IN 60 SECONDS

    The real case for universal basic income in my view is not financial, it is moral. To live a satisfying life a person must spend that life doing important things such as raising a family, holding a job that is satisfying and fulfilling, being a good member of one’s community. For those roles to be satisfying, people have to have responsibility for what those institutions do. Have responsibility for the decisions they make. One of the things that the lucky people in society already have is a life in which they know they can take responsibility for their own actions; they can live the lives they see fit. What a…

  • Democratic Presidential Candidate Andrew Yang’s Campaign for Universal Basic Income | The Daily Show
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    Democratic Presidential Candidate Andrew Yang’s Campaign for Universal Basic Income | The Daily Show

    There are now 15 Democrats running in the primary. That’s so many people. Look at all those faces. Look at all of those faces! They’ve got enough people to start the world’s worst soccer team. And because there are so many Democrats running, many Democratic voters are wondering, “How do I know which one to choose?” Well, for Ronny Chieng, the choice is clear. Here’s his report. The 2020 presidential campaign. Like my afternoon poop, it’s not quite here yet, but I can already feel it. Out of all the candidates, there’s only one I can see myself in. I’m Andrew Yang, and I’m running for president as a Democrat…

  • What would be the immediate effects of a universal basic income? | IN 60 SECONDS
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    What would be the immediate effects of a universal basic income? | IN 60 SECONDS

    The immediate effects of the UBI are twofold. The first is that involuntary poverty will be ended. By involuntary poverty I mean people who are trying real hard, doing the best they can but cannot make enough money to live a decent existence. That kind of poverty goes away with the passage of a universal basic income. A second thing that the UBI does is it utterly changes the incentives facing people. It completely changes the incentives that a woman faces in deciding whether to have a baby, for example. Other things such as retirement for the elderly become much simpler with the universal basic income. Guess what? Social Security…