SOCIAL IMPACT

SOCIETY & UBI: ARCHIVE

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REVIEW THESE INFORMATIVE ARTICLES FROM 2016 – AND READ THOSE THAT INTEREST YOU

Giving people free money means less drinking and smoking (UBI - 2016-12 - Business Insider)

World Bank researchers David Evans and Anna Popova reviewed 19 cash-transfer studies in 10 countries, showing that the consumption of so-called “temptation goods” actually goes down in certain cases when people in underdeveloped nations receive free cash. The findings are especially surprising given the wide variance between the transfer’s value. In African countries (such as Tanzania and Kenya) the handouts represented about a 5% increase in people’s income, while in Latin America the handout raised incomes by up to 30%.

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Basic income is about basic security (UBI - 2016-11 - Vox.com)

Basic income should be sufficient to meet the most basic human needs for necessities like food, water, shelter, and clothing. By simply cutting every citizen a monthly check and getting rid of most of the welfare state and tax code complexities, everyone could be better off, rich and poor alike. Basic income is a safety net when terrible things happen, and it transforms your relationship with work by giving you the choice to work or not, and at what you want to. It only provides with the basic needs, so doesn’t take away the incentive to make more money for a nicer life.

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Nixon’s basic income plan (UBI - 2016-05 - Jacobin)

The story of how Richard Nixon was persuaded by 1,200 economists (including John Kenneth Galbraith and Paul Samuelson) of the value of a basic income plan, and then dissuaded by Martin Anderson, an Ayn Rand admirer. The economists wrote: “The country will not have met its responsibility until everyone in the nation is assured an income no less than the officially recognized definition of poverty.” Nixon’s 1970 Bill passed in the House, but failed in the Senate. Switzerland is planning a referendum on UBI. Finland, Canada, and nearly 20 cities in the Netherlands are conducting large-scale experiments.

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