UBI Archives - Market Mad House

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

daniel March 12, 2018 Basic Income, California Democratic Party, co-founder Chris Hughes, Facebook (NASDAQ: FB), Facebook Cofounder, Facebook Cofounder Backs Basic Income, The California Democrats, UBI, Universal Basic Income

California Democratic Party Endorses Basic Income

The California Democratic Party has sort of endorsed the idea of basic income. The concept is now mentioned in the

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daniel September 8, 2017 A Few Benefits from UBI, Basic Income, Basic Income can add $2.5 Trillion to US Economy, How UBI might create more jobs, Modeling the Macroeconomic Effects of a Universal Basic Income, Some Potential Problems with UBI, The effects of UBI would wane after three years, UBI, Universal Basic Income, Would Basic Income Grow the Economy?, Would Basic Income Really Stimulate the Economy?

Basic Income can add $2.5 Trillion to US Economy

Paying every citizen in the United States $1,000 a month would grow the economy by 12.56% in eight years, a report from a left-wing think tank called the Roosevelt Institute claims. That would certainly be better than the 1.6% U.S. GDP growth rate reported in 2016.

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daniel August 4, 2017 Basic Income, Basic Income may Improve Physical Health Too, Basic income might have some serious public health benefits., basic income payments, Institute for Human Development, Is Basic Income Good for your Health?, Madhya Pradesh, Social Service Bureaucrats stressed out by Basic Income, UBI, UBI critics, Universal Basic Income

Is Basic Income Good for your Health?

Tests in the Indian state of Madhya Pradesh found that villagers who received basic income payments experienced better nutrition and a decrease in serious health problems.

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daniel July 16, 2017July 16, 2017 Basic Income, Basic Income Opponents Need Some Coherent Arguments, basic income would fail or be harmful, Kurt Vonnegut’s thought-provoking dystopian novel Player Piano., paying basic income to the unemployed, spiritually dead and mind numbing, technological unemployment and income inequality, UBI, Universal Basic Income, vague alternatives to basic income, Where or what are the Alternatives to Basic Income?, Why Arguments against Basic Income Fail, Would the Alternatives to Basic Income be worse?

Basic Income Opponents Need Some Coherent Arguments

If basic income opponents wish to succeed they will need to come up with some good arguments and realistic alternatives. One reason I suppose they do not is that the whole concept of basic income is unsettling. The idea that people might be able to survive; and be happy, without work runs to counter to everything we have been taught.

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daniel February 5, 2017 “powerful idea” for fighting poverty, Basic Income, Beveridge Report, inancial and political technology, Is India Moving to Adopt Basic Income?, Is it a Breakthrough for Basic Income?, logistics of basic income, new kind of technologically-driven financial system, paradigm shift, technologically-driven UBI, The 2016-2017 Economic Survey, The Challenge and Opportunity of UBI in India, UBI, UBI payments, UBI system, Universal Basic Income, Will India Lead the Way in Basic Income?

Is India Moving to Adopt Basic Income?

This is interesting and exciting news because a basic income experiment in India would be the largest adoption of a new welfare system; since the United States set up Social Security in the 1930s. Like American Social Security; Indian UBI would be a radical break with the past, and a new model for society.

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daniel November 28, 2016 Basic Income Pilot, basic income program, basic income system, Finding a Better Way: A Basic Income Pilot Project for Ontario, Ontario Public Service Employees Union, Ontario Wants to Test Basic Income, Scotland Explores Basic Income, UBI, UBI scheme, Unions Oppose Basic Income, Universal Basic Income, welfare reform program, Why the Brits are Interested in Basic Income

Scotland Explores Basic Income

A successful universal basic income program in Scotland would put pressure on the British government to roll the system out to the entire country. It would also serve as an example that other English speaking countries like the United States, Canada and Australia might follow.

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daniel May 15, 2016 000 Kiva robots working in 13 of its fulfillment centers, 22% of the working-age population in the United States is not employed, 30, America’s economy has lost six million jobs since 2000., Basic Income, Bill Gross, College is not the Answer, How the Fed Could Pay for UBI, Investment Legend Endorses Basic Income, Millions of jobs will be lost over the next 10-15 years, Sorry Bernie, The percentage of the working age population (25 to 54 years old) in the United States that is actively employed fell by 4% in the last 16 years from 82% to 78%., UBI, UBI is inevitable, Universal Basic Income

Investment Legend Endorses Basic Income

“Millions of jobs will be lost over the next 10-15 years,” Gross predicted. “Virtually every industry in existence is likely to become less labor-intensive in future years as new technology is assimilated into existing business models.”