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What would be the costs/benefits of a Universal Basic Income?

  • by JW

Autonomy said it hopes its proposed pilot will “make the case for a national basic income and more comprehensive trials to fully understand the potential of a basic income in the UK”.

And: “How might UBI promote health?” [Northumbria University]

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Is UBI a promising way forward?

Universal Basic Income/Services in a time of crisis – Vision Group for Sidmouth

How to bring down our energy bills: universal basic energy – Vision Group for Sidmouth

Universal Basic Services: the way ahead for a sustainable future? – Vision Group for Sidmouth

It’s something which is seriously being looked at in many parts of the world: Does ‘universal basic income’ work? These countries are putting it to the test – europeansting.com

Guaranteed income experiments are popping up or expanding around the country, offering no-strings-attached temporary cash payments to low-income residents. Where guaranteed income programs are growing in the US – ABC News and Every U.S. city testing free money programs | Mashable

It’s very much something which is being looked at by academics:

There is evidence a UBI is economically feasible and voters regard UBI as a necessary means of promoting social security. Is it time for a Universal Basic Income?

And it’s now about to be looked at in the UK:

Autonomy said it hopes its proposed pilot will “make the case for a national basic income and more comprehensive trials to fully understand the potential of a basic income in the UK”. Universal basic income: Plans drawn up for £1,600 a month trial in England – BBC News and Universal Basic Income could be coming to England for the first time and Universal basic income: What it is and why people will be given free money for doing nothing | UK News | Sky News

Not everyone’s keen: A universal basic income wouldn’t help unemployed Brits into work | The Spectator and Universal Basic Income: a pointless trial of a bad idea – CapX and Backlash over ‘absolutely dreadful idea’ to hand people £1,600 a month for doing nothing | Politics | News | Express.co.uk

Here’s an interesting take on the idea – with a study looking at the ‘health benefits’ of UBI:

As the Government is now committed to preventing, rather than just treating, ill-health and as governments elsewhere have considered introducing UBI to provide social security to citizens during COVID-19, we need to understand the impact the policy might have on public budgets and whether the policy is feasible.

Home – The Health Case for UBI

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