Basic Income

UBI worldwide
click on the image for more information

What is Universal Basic Income?
UBI (universal basic income) is an income unconditionally granted to all on an individual basis, without means test or work requirement. It is a form of minimum income guarantee that differs from those that now exist in various European countries in three important ways: it is being paid to individuals rather than households.

Why Basic Income?
Our current welfare system is clearly a mess. The federal government currently funds 126 separate anti-poverty programs, at least 72 of which provide either cash or in-kind benefits to individuals. For example, there are 33 housing programs, run by four different cabinet departments, including bizarrely the Department of Energy. There are currently 21 different programs providing food or food purchasing assistance. These programs are administered by three different federal departments and one independent agency.  There are eight different health care programs, administered by five separate agencies within the Department of Health and Human Services. And six cabinet departments and five independent agencies oversee 27 cash or general assistance programs. All together, seven different cabinet agencies and six independent agencies administer at least one anti-poverty program. This maze of overlapping bureaucracies is difficult to navigate for those in the system and perhaps even more difficult to supervise and evaluate.
CATO – The Basic Income Guarantee: Simplicity, but at What Cost?

Problem

  • The EITC is received only by those that work and are over the age of 25
  • It takes 3 to 6 months after you file your taxes to receive the EITC
  •  The EITC has not solved the offshoring and automation of jobs.

 

How could we finance it?

  • Combine federal welfare  block grants and Texas welfare programs such as but not limited to TANF, WIC, SNAP, CEAP, Unemployment Insurance, WAP

 

How could we distribute it to citizens?

  • Direct Deposit

Solutions:

  • Give anywhere between $500 to $1,000 per month, per person
  • The age to receive a basic income could start at 18 or 21

 

Two arguments for Basic Income: Thomas Paine (1737-1809) and Thomas Spence (1750-1814)

Reason – One State Already Has a Basic Income Plan – The forgotten politics of the Alaska Permanent Fund.

Washington Post – Is a basic income possible in D.C.? The city is looking into it.

Leaders and Legacies of Canada

Green Party of Canada – Basic Income Supplement: Beginning with Persons with Disabilities

The Guardian – Green party outlines plan for basic citizen’s income for all adults

UK Green Party’s Basic Income Proposal Scrutinized by Experts

BBC – Election 2015: Greens to pledge Citizens’ Income

PBS – Idea of paying citizens a yearly stipend is gaining support in Switzerland

Felix Oberholzer-Gee, “Will a guaranteed income ever come to America?”

The Guardian – Basic income paid to the poor can transform lives

CATO – The Pros and Cons of a Guaranteed National Income

CATO – The Pragmatic Libertarian Case for a Basic Income Guarantee

Guaranteed income’s moment in the sun

Priority Resolution: Creating a Basic Annual Income to be Designed and Implemented for a Fair Economy

FRANCE: Opinion Poll Shows 60% Support for Basic Income

Minimum Wage or Living Income?

Facebook Co-Founder Giving Millions Directly To The Poor, No Strings Attached

Universal Basic Income and the Cost Objection: What are we Waiting For?

What’s Good About Guaranteed Basic Income

The Globe and Mail – The time for a Guaranteed Annual Income might finally have come

CNN – The argument for a basic income

The Town Where Everyone Got Free Money

Dauphin’s great experiment Mincome, nearly forgotten child of the ’70s, was a noble experiment

Duke University – Using Health Administration Data to Revisit Outcomes of a Canadian Guaranteed Annual Income Field Experiment

City Lab – Scientists have discovered that being poor actually impairs our cognitive abilities.

Non Labor-Supply Responses to the Income Maintenance Experiments

Why Not a Negative Income Tax? Replace the welfare state with a cash subsidy for the poor.

The case for guaranteeing all Canadians an income above the poverty line.

R Street – A negative income tax beats both the minimum wage and welfare

Miguel Horta, “Negative Income Tax in Portugal [Negative Income Tax em Portugal]”

Universal Basic Income versus Unemployment Insurance

Federal Reserve of St. Louis – Universal Basic Income versus Unemployment Insurance

Universal Basic Income versus Unemployment Insurance

Washington Post – Thinking Utopian: How about a universal basic income?

Efficient Redistribution: Comparing Basic Income with Unemployment Benefit

The Economist – A government guaranteed basic income – The cheque is in the mail

Boston Review – A Basic Income for All – If you really care about freedom, give people an unconditional income.

FINLAND: Local Basic Income test implementation is being considered in Finland

VOX – The most exciting proposal of the GOP presidential campaign so far

VOX – Marco Rubio and Mike Lee’s tax plan is dividing conservatives. Here’s why.

VOX – Two Canadian mayors want to launch an experiment that could change how we think about poverty forever

VOX – Mexico tried giving poor people cash instead of food. It worked.

VOX – This is the most comprehensive, rigorous test of universal basic income to date

MDRC – Conditional Cash Transfers in New York City

PBS – In Mexico, a Plan to Beat Poverty With Health Care and Education

What are the economic impacts of conditional cash transfer programmes?

CATO – The American Welfare State How We Spend Nearly $1 Trillion a Year Fighting Poverty, and Fail

Citi’s Chief Economist Recommends a Universal Basic Income

Is Iran sleepwalking towards a universal income grant?

From Price Subsidies to Basic Income: The Iran Model and its Lessons

Newsweek – How to Fix Poverty: Write Every Family a Basic Income Check

Washington Post – The remarkable thing that happens to poor kids when you give their parents a little money

Boston Globe – A proven way to reduce poverty? Give poor people money

The Finnish Social Insurance Institution is to begin drawing up plans for a citizens’ basic income model

What do we do about drug users with basic incomes?

Christian Science Monitor – Universal basic income fueled by patents and predicted by Keynes?

Remember the children: a call for basic income in the US

Business Insider – Here’s How The Government Could Make Sure That Everyone Gets At Least $500 Per Month

Food Banks Canada – A comprehensive report on hunger and food bank use in Canada, and recommendations for change

The Journal – How we could abolish all welfare and introduce a basic income for everyone

Negative Income Tax Archive

Rolling Stone – Five Economic Reforms Millennials Should Be Fighting For

UNICEF – Piloting Basic Income Transfers in India

Chicago Tribune – If you were handed $1,100 a month, would you amount to anything?

Daily Kos – Letter on Basic Income Handed to President Obama in Brazil

A New Approach to Aid: How a Basic Income Program Saved a Namibian Village

The Hill- America needs a basic income guarantee

The People Left Behind – Presidents National Advisory Commission on Rural Poverty

Demos – A Job Guarantee Plan to Reduce Poverty, Unemployment, and Race Riots

Demos – Poverty Amid Plenty: A 1969 Basic Income Proposal

Forget Raising the Minimum Wage, Bernie: We Need a Universal Basic Income

New York Times – It’s Payback Time for Women

Econo Monitor – A Universal Basic Income and Work Incentives. Part 1: Theory

Econo Monitor – Could We Afford a Universal Basic Income? (Part 2 of a Series)

AARP – Family Caregivers Provide Staggering $470 Billion in Unpaid Care

Independent – These are the simple reasons why a basic income for all could transform our society for the better

Fox and Hounds – Why Californ’s Once-Dismissive Idea to Give Everyone a Basic Income Is Gaining Ground

Harvard: The “Ham and Eggs” Movement in Southern California: Public Opinion on Economic Redistribution in the 1938 Campaign

LA Times – ‘Ham and Eggs’ Pension Plan Promised $30 a Week in the 1930s

Satirical Note on the “Ham and Eggs” California Scrip Pension Initiatives of 1938

Ham and Eggs: Historical Background and Development of Social Security

The Atlantic – What Is This ‘Wage Insurance’ Obama’s Talking About?

Boston’s NPR – Time For A Guaranteed Basic Income?

NY Mag – Obama Just Proposed Giving Middle-Class Workers Wage Insurance. He Should Have Called for Giving Everyone Free Money.

Y Combinator Wants to Study Universal Income. Here’s Where It Can Start.

Fast Company – A Universal Basic Income Is The Bipartisan Solution To Poverty We’ve Been Waiting For

UNICEF – Heterogeneous Impacts of an Unconditional Cash Transfer Programme in Schooling – Evidence from the Ghana LEAP Programme

Board of Health Pushes Canadian Province for Basic Income

Holyrood ‘will consider’ Reform Scotland’s alternative benefits plan

Democracy Now – Chilean Economist Manfred Max-Neef on Barefoot Economics, Poverty and Why The U.S. is Becoming an “Underdeveloping Nation”

Sydney Morning Herald – A universal basic income for all Australians

Fortune – This Swiss City Will Weigh Giving Its Citizens Free Money

National Post – Andew Coyne: How a guaranteed minimum income could work in Canada

CSN News – DC Council member considers minimum income

Bloomberg – The U.S. Can and Should Boost Growth

The Week – Just give welfare to everyone