USBIG NewsFlash Vol. 15, No. 72, March-April 2014

L. Randall Wray, "Let's Compare the Job Guarantee to the Alternatives, NOT Against Some Distant Utopian Vision," Economonitor, January 27, 2014. http://www.economonitor.com/lrwray/2014/01/27/lets-compare-the-job-guarantee-to-the-alternatives-not-against-some-distant-utopian-vision/#sthash.CjP7b5FI.dpuf

SUMMMARY, Leon Neyfakh writes, "It sounds radical, but the "guaranteed basic income' almost became law in the United States--and it's having a revival now, with some surprising supporters." This article traces some of the history of the Basic Income Guarantee in the United States going back to the Negative Income Tax issue in the 1970s and connecting to how social activism and the Great Recession have brought the issue back into mainstream political discussion. The piece quotes from Steve Pressman and Philippe Van Parijs, two prominent members of the BIG movement.

Leon Neyfakh, "Should the government pay you to be alive?" The Boston Globe, February 09, 2014. http://www.bostonglobe.com/ideas/2014/02/09/should-government-pay-you-alive/aaLVJsUAc5pKh0iYTFrXpI/story.html

[Craig Axford]

SUMMARY: Most proposals for funding a basic income guarantee rely upon some kind of traditional taxation mechanism.   In this post the idea of a negative interest rate that is deposited back into a pool to finance BIG and encourage money's circulation through the economy is offered as another possible means.

Malcolm Henry, "How To Fund A Universal Basic Income (Without Scaring The Horses)", Basic Income UK, February 11, 2014. http://basicincome.org.uk/opinions/2014/02/fund-universal-basic-income-without-scaring-horses/

SUMMARY: In November of 1969, the President's Commission on Income Maintenance Programs issued a report titled "Poverty Amid Plenty: the American Paradox." The purpose of the report was to assess the current slate of anti-poverty programs and make recommendations for how to make more headway on poverty reduction. Bruenig reviews this report showing the pedigree of the current basic income guarantee proposal in the United States.

Matt Bruenig, "Poverty Amid Plenty: A 1969 Basic Income Proposal," PolicyShop, February 3, 2014. http://www.demos.org/blog/2/3/14/poverty-amid-plenty-1969-basic-income-proposal

SUMMARY: Europe's inflexible labour markets are in need of a structural overhaul, which can perhaps be found in the shape of an unconditional basic income. With many commentators calling for widespread reform, members of the EU parliament have a busy year ahead. Could unconditional basic income be exactly what the union needs to boost employment and reduce poverty?

Matthew Timms, "Is unconditional basic income the reform Europe needs?

Business & Management," European CEO. January 29th, 2014. http://www.europeanceo.com/business-and-management/2014/01/is-unconditional-basic-income-the-reform-europe-needs/

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