Obama Supports Basic Income

obama endorses ubi

President Barack Obama speaking at the Nelson Mandela Annual Lecture said these words: It's not just money that a job provides; it provides dignity and structure and a sense of place and a sense of purpose. (Applause.) And so we're going to have to consider new ways of thinking about these problems, like a universal … Continue reading Obama Supports Basic Income

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Andrew Yang (US Presidential Candidate) makes the case for Universal Basic Income

Andrew Yang is a 43 old entrepreneur and politician running as a candidate to become the Democratic candidate President of the United States of America. Watch his advert motivating for Universal Basic Income (UBI). It is fascinating take on taking the idea of  a UBI to a wider electorate.  In essence, robots are coming for … Continue reading Andrew Yang (US Presidential Candidate) makes the case for Universal Basic Income

Universal Basic Income – Deposits at the Central Bank

Rajiv Sethi, Professor of Economics at Barnard College, Columbia University, and External Professor, the Santa Fe Institute, argues for a universal basic income and raises substantive issues on the implications for the financial sector. Two insights are important in this article: The idea that a universal basic income  need not be a fixed nominal amount: … Continue reading Universal Basic Income – Deposits at the Central Bank