Tag: Universal Basic Income

How Universal Basic Income Could Help the Economy

What is a universal basic income? This topic has been talked about in the political realm as well as in respect to automation and the future of work a lot lately, but it is not a new concept at all. Even in ancient Rome there were times when citizens would receive rations of wine, as it was seen as a necessary part of daily life. But the more modern concept …
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Elon Musk Makes the Case (Again) for Universal Basic Income

Renaissance man and real life Tony Stark, Elon Musk, has repeatedly mentioned how he believes that robots and computers will just become too good at doing the vast majority of jobs to be sustainable for modern economies. I happen to agree with him on this to an extent. Because of this, Musk believes that we will need to turn to a system of universal basic income sooner rather than later. …
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Universal Income May Grow the Economy in the Face of Automation

With the coming work revolution wherein many low skill and repetitive jobs will be replaced by machines or software, we need to start thinking about how to address the coming crisis. Massive unemployment would spell disaster for the United States and other economies worldwide. One potential solution is known as Universal Basic Income. The concept recently became even more attractive after a new study shined a favorable light upon it. The United States …
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Swiss Citizens Reject Universal Basic Income Idea

Contrary to what most people had expected, the Swiss population is not for establishing a universal basic income to every citizen. As it turns out, only 23% of votes was for this solution. Quite a disappointing result, but also a valuable lesson about free money. No Basic Income In Switzerland On paper, the concept of establishing a universal basic income for every citizen in Switzerland sounded great.Independent group Bien-CH managed …
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