Understanding Universal Basic Income (UBI)

Initiated by:
• Francisco

Details

Video: 1. https://www.youtube.com/watch?v=Sgcvtjoi8Bs (3:16) 2. https://www.youtube.com/watch?v=EbWv_1NbWyw (6:44) 3. https://www.youtube.com/watch?v=kl39KHS07Xc (10:55) 4. https://www.youtube.com/watch?v=fcn1mvk33uo (6:20) 5. https://www.youtube.com/watch?v=ln2bSvjX76A (9:46) 6. https://www.youtube.com/watch?v=hz4NW0TKP0g (5:36) 7. https://www.youtube.com/watch?v=zu9q5ZaeBs4 (3:10) 8. https://www.youtube.com/watch?v=SraQi_BXsJc (25:30) Reading (Optional): 1. https://www.economist.com/open-future/2018/05/31/universal-basic-income-wont-fix-problems-but-will-create-new-ones 2. https://www.nytimes.com/2024/07/16/technology/ubi-openai-silicon-valley.html 3. https://college.unc.edu/2021/03/universal-basic-income/ 4. https://www.penguin.co.uk/articles/2021/02/universal-basic-income-pros-cons Spanish (Optional): 1. https://elpais.com/espana/catalunya/2023-03-12/la-renta-basica-universal-un-experimento-llevado-a-cabo-en-varios-paises-al-que-el-govern-no-renuncia.html 2. https://www.eleconomista.com.mx/economia/Que-es-el-Ingreso-Basico-Universal-Ejemplos-y-consideraciones-20221021-0051.html 3. https://elpais.com/economia/negocios/2024-03-18/abhijit-banerjee-nobel-de-economia-una-parte-importante-del-malestar-se-debe-a-que-tu-vida-ha-perdido-sentido.html Questions: 1. How does UBI challenge or reinforce traditional notions of work and productivity? 2. Would UBI promote individual freedom or dependency? 3. How would UBI be funded, and what are the potential economic benefits and drawbacks? 4. How mght UBI affect the labor market, including job creation and wages? 5. Could UBI help mitigate the impacts of automation and artificial intelligence on work? 6. What should be the optimal amount of UBI, and how should it be indexed (e.g., to inflation or GDP)? 7. What are the potential administrative costs and challenges of implementing UBI? 8. Would UBI help reduce crime and social unrest? In Collaboration with Ceit Hustedde (Longtime Member of Buddytree)