Universal Basic Income pt. 1

Universal Basic Income is a policy proposal to provide everyone in a closed system with a no-strings-attached cash infusion on a regular schedule such as every month. Some people love it, some people hate it, most people have never heard of it. In part one, we mostly review the history and arguments for and against this idea. Would you like $1,000 just because?

Recommendations

• Abraham: Toshiba: https://www.toshiba-lifestyle.com/us/air-conditioners/portable-air-conditioners/14000-btu-ashrae-1200-btu-saccsmart-inverter-portable-air-conditioner1
• Shane:  The Flow Trip (https://shop.flow.life/products/subscribe-to-the-flow-trip)

Holidays (7/24/2024)

• Amelia Earhart Day
• Cousins Day (George RR Martin’s day)
• International Self-Care Day
• National Drive-Thru Day
• National Tequila Day
• National Thermal Engineers Day
• National “Talk to Us” day
• Pioneer Day (State Holiday in Utah)
• Tell an Old Joke Day
• National Independent Retailers Week
• National Moth Week
• National Scrabble Week
• National Zoo Keeper Week
• Restless Leg Syndrome Education & Awareness Week

Links and References: 

1. https://youtu.be/m25YLByFVRw?si=n684PjQnuWhFLRd3
2. https://youtu.be/Sgcvtjoi8Bs?si=-XQ5oXxR5qx9D7As
3. https://youtu.be/UqESogRgrYw?si=IY5EwFEYgioO8aGK
4. https://www.vox.com/future-perfect/2019/11/25/20973151/givedirectly-basic-income-kenya-study-stimulus
5. Hoynes, H., & Rothstein, J. (2019). Universal basic income in the United States and advanced countries. Annual Review of Economics, 11(1), 929–958. https://doi.org/10.1146/annurev-economics-080218-030237
6. https://www.procon.org/headlines/universal-basic-income-top-3-pros-and-cons/
7. https://college.unc.edu/2021/03/universal-basic-income/
8. https://www.investopedia.com/terms/b/basic-income.asp
9. https://www.denverbasicincomeproject.org/research#:~:text=The%20Denver%20Basic%20Income%20Project,guaranteed%20income%20for%20unhoused%20people.
10. https://www.businessinsider.com/denver-basic-income-reduces-homelessness-food-insecurity-housing-ubi-gbi-2024-6#:~:text=Denver%20gave%20people%20experiencing%20homelessness,participants%20said%20they%20had%20housing.&text=The%20Denver%20Basic%20Income%20Project%20gave%20cash%20to%20more%20than,payment%20structures%20might%20benefit%20them.
11. https://thereader.mitpress.mit.edu/the-deep-and-enduring-history-of-universal-basic-income/#:~:text=Joseph%20Charlier%2C%20a%20Belgian%20utopian,persistent%20poverty%20despite%20economic%20progress.
12. https://www.washingtonpost.com/magazine/2022/10/24/universal-basic-income/
13. https://www.cato.org/commentary/universal-basic-income-might-fix-our-broken-welfare-system-give-it-serious-scholarly
14. https://www.bridgemi.com/michigan-health-watch/michigans-55m-experiment-guaranteed-income-begins-flint-moms

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