The article highlights the potential of a simplified Universal Basic Income (UBI) in India, using models like PM-KISAN to provide a basic safety net. It discusses the benefits of reduced administrative costs and fewer exclusion errors, while addressing fiscal and implementation challenges.For Prelims...
In this article, we review the desirability and feasibility of a universal basic income (UBI) scheme from the theoretical point of view. We first discuss the possible theoretical justifications of UBI, contrasting the unconditionality of UBI with the many conditions that typically accompany other ...
(2018). Resource rents, universal basic income, and poverty among Alaska’s Indigenous people. World Development, 106, 161–172. Article Google Scholar BIEN (Basic Income Earth Network). (2024). History of basic income. Accessed April 5, 2024, from https://basicincome.org/history/ ...
Letters in response to this article: Where good ideas also fail/From Robert Mercer-Nairne, London SW15, UK Why universal basic income is an attractive proposition/From Mariano Torras, Professor of Economics, Chair, Department of Finance and Economics, Adelphi University, Garden City, NY, US Her...
Ideally, the amount of guaranteed basic income should be enough to cover basic needs like food, clothing and shelter, but insufficient for everything else. That way, recipients will still be motivated to work — either as a part-time or full-time employees, or an entrepreneur with a small ...
A universal basic income would provide everyone with a level of income to ensure they could meet basic needs such as food, housing, and clothing while giving them additional support if they needed it during challenging times. An example of this occurred during the COVID-19 pandemic. Many peopl...
While current events have thrust universal basic income into the spotlight of the national conversation, it is important to understand how it can impact the lives of U.S. citizens when implemented outside of times of crisis. UBI implementationcould very well provide economic stimulusas it would ...
Universal basic income does not make people lazy or frivolous. It does not disincentivize people from working. It does make them healthier, though. “Cash is a better way to cure some forms of depression and anxiety than Prozac. So many of the illnesses we see in our community are a resul...
Universal basic income is a controversial proposal under which the government provides regular, permanent cash payments to each citizen with the intent of lifting everyone out of poverty, encouraging their participation in the economy and covering the costs of their most fundamental needs including food...
Universal basic income (UBI) is an approach to income security that guarantees every individual in a political community (be it a nation or a subnational unit such as a state, province, or municipality) an unconditional and sufficient income to meet their basic needs, such as food, shelter, ...