Archive for the ‘Economy/Employment’ Category

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Economists of all stripes have for centuries advocated for universal basic income. Here’s why

Wednesday, February 20th, 2019

Now the UBI is back, supported by an unlikely coalition of allies: progressives eager to renew the “War on Poverty” and libertarian billionaires from Silicon Valley. This is paralleled by enthusiasm overseas… Perhaps there’s room for a grand compromise of the kind envisioned by Mill, Friedman, Galbraith and others: a universal basic income that brings the end of traditional welfare programs. But if UBI becomes yet another hybrid of welfare and workfare, history suggests it’s doomed to fail.

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Finnish basic income trial creates happiness, but not jobs

Saturday, February 9th, 2019

In the Finnish experiment, the basic income is below what unemployment benefits pay… The basic income is tax free, but barely enough to live on for someone paying rent, so it keeps pressure on the recipients to join the work force… basic income recipients appeared less stressed, healthier and more confident in the future than a 5,000-member control group of unemployment benefits recipients… those on basic income and the unemployed people in the control group ended up working roughly the same number of days.

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Premier needs primer in the value of universal basic income to the economy

Saturday, February 9th, 2019

It might be news to the premier that most poor people in Ontario have jobs — and quite a few put in longer hours than he does. UBI is not a novel concept. Thomas More championed it in Utopia(1516). Canada saw positive outcomes from a 1970s “mincome” experiment in Manitoba, but the project was of insufficient duration to be deemed conclusive.

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Full-day kindergarten keeps women in the work force. Let’s not mess with it

Thursday, February 7th, 2019

… since its full deployment, study after study has demonstrated the benefits for children and families. According to the University of Manitoba’s 2014 research, FDK “is especially beneficial for children of low socioeconomic status or educationally disadvantaged backgrounds.” For a government that purports to put Ontarians back to work to even consider changes to full-day kindergarten invites pause…

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Using boomers short-term could help gap in Nova Scotia labour shortage

Monday, January 28th, 2019

Retired or semi-retired boomers who want to continue to work — albeit in a more flexible, short-term way… can be dropped into situations to handle specific projects or to mentor or train transitioning staff. They also represent a fixed-cost hiring, with no lag time, and no legacy or professional development costs… So while automation, youth attraction/retention and immigration are essential considerations to sustain and grow the economy, so is figuring out how to best accommodate the fastest growing segment of the labour market: boomers choosing to return to the labour force.

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Top 10 Basic Income Articles of 2018

Saturday, January 26th, 2019

As a moderator of the /r/BasicIncome subreddit, I read a lot of links every year about UBI, probably around 100 per month. Once again, as I did last year, I’ve compiled a list of the ten articles/papers/reports I consider the most important to read out of everything published this year. Please bookmark, read,and share away!

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Doug Ford is blowing smoke by warning about a recession

Wednesday, January 23rd, 2019

… all the evidence is that Ford is plain wrong about the likely effect of the Trudeau government’s plans for a carbon tax. Ninety per cent of the money collected by Ottawa will be sent back directly to Canadian families, with the rest invested in programs to combat climate change. If there’s a recession on the horizon, it won’t be provoked by that.

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Why BC’s Carbon Tax Worked

Tuesday, January 15th, 2019

If we’re ever going to get to a carbon neutral or carbon negative economy, placing a price on carbon is going to be a necessary part of that effort… Fortunately, there is a proven solution that facilitates the carbon dioxide emission reductions that carbon taxes are intended to achieve while also taking into account the burden these taxes impose upon society. Simply make the carbon tax revenue neutral, taking special care to use the money it generates to prioritize tax reductions for the poor, middle class and rural residents affected most.

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The Case for a Mixed Economy

Sunday, December 23rd, 2018

… there’s no reason to think the private sector does these things better than the public. Private insurers don’t obviously provide a service that couldn’t be provided, probably more cheaply, by national health insurance. Private hospitals aren’t obviously either better or more efficient than public. For-profit education is actually a disaster area. So you could imagine an economy in which the bulk of education, health, and social assistance currently in the private sector became public, with most people at least as well off as they are now.

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Tories’ Bill 66 would undermine clean-water protections that followed Walkerton tragedy, victims and advocates warn

Monday, December 10th, 2018

Last week, the government tabled a new piece of legislation, Bill 66, that, if passed, would allow commercial development to bypass several long-standing laws meant to protect the natural environment and the health of residents, including the Clean Water Act that was put in place following the Walkerton tragedy… The stated purpose of the proposed bill, called the Restoring Ontario’s Competitiveness Act, is to cut “red tape” around planning approvals for businesses looking to invest in local communities.

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