UBI News Thread

This is for sharing news or updates for Universal Basic Income programs from around the world.

I’ll be interested in the results from this.

1 Like

UK will continue to pay furloughed workers 80% until October. Not announced if they’ll do the same for self employed but I’d expect so.

Not qualifying for either scheme is pretty annoying.

I live in Santa Clara county and hadn’t heard about this, cool stuff!

1 Like

Oh man. Super-interested in this one. This is a population that absolutely needs and deserves the support, but is also (unfortunately, and unfairly) disproportionately likely to suffer from mental health/substance abuse/support system issues. It’s a risky population to test with because there’s a lot that could go wrong, but it would be incredible evidence for the viability of UBI if it works out.

Fingers crossed for those kids.

2 Likes

Yang was on the most recent Sam Harris podcast talking all about UBI. Worth a listen.

(Save the Harris sucks posts).

1 Like
2 Likes

This is cocaine mitches opponent.

Thought this was a decent segment. Andrew talks about the concern that UBI is going to buy people off or make it less likely we fix other systemic issues.

1 Like

necrobump

what’s the venn diagram of (people who oppose UBI for paternalistic/puritanical “work ethic” something something) and (people who believe in the laffer curve) look like?

1 Like

Do those people know what the laffer curve is? I had to google it myself.

they may not be familiar with the term but the idea that there is some point at which lowering taxes increases revenue is not exactly a niche idea, especially among the GOP donor class.

The point being that these people will argue that incentives can shift in case A but in case B incentives are forever immutable and can only go in one direction.

This also isn’t to say that everyone who opposes UBI is a pro-laffer-curve person (hence why I didn’t say “ITS A CIRCLE”)

Would it be easier to use trickle down economics in place of laffer curve.

UBI can be sold to the small govt libertarian types but mostly the left leaning ones.

the idea behind trickle-down economics doesn’t theorize that incentives change as a variable moves.

1 Like

I am new to this thread and understand that Laffer curve and UBI are not related. That said, does the current thinking around UBI tie it to unemployment rate? In other words, UBI payouts fluctuate up and down with unemployment rate. Wonder if that would make it more palatable to pass and implement?

are you talking about aggregate UBI payments or individual payments? in any case, other than whatever “palatability” factor you’re thinking of, what would the idea behind tying payment amounts to the unemployment rate?

As unemployment rate goes down, UBI payouts decrease. Unemployment rate rises, payments go up. Federal government is spending in alignment with overall economic cycle, so public sector is providing credit for private sector during downturns and getting “paid back” during upturns.

ETA: I guess I’m thinking of payment amounts to individuals.

why would you want the payment to an individual to fluctuate based on how many unemployed people there are? I just don’t see the connection.

2 Likes