Entries by Amy Hughes

Coronavirus, Economic Crisis and Basic Income

Coronavirus, Economic Crisis and Basic Income By: Guy Standing, Labour Economist and Professional Research Associate at SOAS In January 1918, the global pandemic known as ‘Spanish flu’ began, and by its end in December 1920, well over 40 million people had died. That tragedy hopefully dwarfs what will happen as the coronavirus pandemic unfolds. But […]

Wondering About UBS

Wondering About UBS By: Michael Anthony Lewis (Associate Professor of Social Work, CUNY) In a Medium piece back in August of 2019,  https://medium.com/bigger-picture/why-ubis-cousin-ubs-is-better-c08778c7c865, Inez Fernandez argued that Universal Basic Services (UBS) is preferable to Universal Basic Income (UBI). The services included in UBS would be, at a minimum, health care, housing and utilities, transportation, education, […]

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UBI: A Bad Idea?

UBI: A Bad Idea? Michael W. Howard According to Daron Acemoglu, universal basic income (UBI) is “a flawed idea, not least because it would be prohibitively expensive unless accompanied by deep cuts to the rest of the safety net.” A UBI of $1000 a month would be, he says, about $4 trillion. But that’s the […]

Scarcity

By: Michael Anthony Lewis (Associate Professor of Social Work, CUNY) Jonathan Church is an economist who’s recently taken Alexandria Ocasio-Cortez (AOC) to task here for her misunderstanding of economics. What she apparently misunderstands is the notion of scarcity. Church doesn’t mention basic income in his piece, but he could have. That’s because some have advocated […]