“Most Americans don’t have that safety emergency bank account even for a short term, what to speak of if you’re talking about weeks, or in this case people are looking at potentially months,” Gabbard said in an interview on Hill. TV.
Her proposal, H.R. 897, would give a UBI of $1,000 per month to all adult Americans “until COVID-19 no longer presents a public health emergency.”
The House is preparing to vote on Thursday on a coronavirus-relief bill that would provide Americans with paid sick leave, food assistance, free coronavirus testing, and more substantial unemployment benefits.
But Ocasio-Cortez pushed for a more sweeping response, including expanding Medicare or Medicaid to cover all Americans, a freeze on evictions, a universal basic income, ending work requirements for food-assistance programs, criminal-justice reform, and freezing student-debt collection.
“This is not the time for half measures,” she tweeted on Thursday. “We need to take dramatic action now to stave off the worst public health & economic affects. That includes making moves on paid leave, debt relief, waiving work req’s, guaranteeing healthcare, UBI, detention relief (pretrial, elderly, imm).”
Your questions answered — an update (11−03−2020): Professor Neil Ferguson on the current status of the COVID-19 Coronavirus outbreak, case numbers, intervention measures and challenges countries are currently facing.
Read all reports including estimates of epidemic size, transmissibility, severity, phylogenetics, undetected cases, prevalence and symptom progression here: https://www.imperial.ac.uk/mrc-gida
The Abdul Latif Jameel Institute for Disease and Emergency Analytics (J-IDEA) brings together global health researchers in the School of Public Health at Imperial College London. Drawing on Imperial’s expertise in data analytics, epidemiology and economics, J-IDEA improves our understanding of diseases and health emergencies in the most vulnerable populations across the globe. The Institute links governments, research institutions and communities to develop practical and effective long-term solutions, shape health policy and deliver better quality of life for all.
Abdul Latif Jameel Institute for Disease and Emergency Analytics (J-IDEA) Website: https://www.imperial.ac.uk/JIDEA Twitter: @Imperial_JIDEA, https://twitter.com/Imperial_JIDEA
MRC Centre for Global Infectious Disease Analysis (MRC GIDA) Website: https://www.imperial.ac.uk/mrc-gida Twitter: @MRC_Outbreak, https://twitter.com/MRC_Outbreak
Interviewee: Professor Neil Ferguson, Imperial College London, Director of J-IDEA and MRC GIDA Interviewer and Producer: Dr Sabine van Elsland, Imperial College London, J-IDEA, MRC GIDA Producer: Dr Katharina Hauck, Imperial College London, Deputy Director of J-IDEA, MRC GIDA Associate Producer: Oliver Geffen Obregon, School of Public Health, Imperial College London. Director and A Cam Operator: Tiago Melo, Digital Learning Hub B Cam Operator: Jack Lowe, Digital Learning Hub C Cam Operator: Erdvilas Abukevicius, Digital Learning Hub Editor: Anne Marie Rützou Bruntse, Digital Learning Hub Assistant editor: Tiziana Mangiaratti, Digital Learning Hub.
“In the case of the Industrial Revolution, people’s lives didn’t improve for seven decades,” Frey says. “That’s two generations. I think we need to be very concerned about some of these short-term effects on people.”
Frey says for seven decades wages were stagnant, food consumption decreased and “people’s living standards deteriorated.” The economy was doing quite well, but most of the workers weren’t seeing the benefits of that economy.
“Because people’s living standards deteriorated, people rioted against mechanized factories. The Luddites are often portrayed as these irrational enemies of progress, and to some extent, that’s right if you take a very long term view,””
The case against the flawed argument that automation won’t be so bad.
Those calling for a government-funded universal basic income are acting as though it’s a hot new idea. It’s not. It’s been tried before—and it didn’t work.
In essence, universal basic income—also known as guaranteed minimum income—provides cash payments to all citizens, regardless of need.
Advocates range from tech billionaires Elon Musk and Mark Zuckerberg to libertarian scholar Charles Murray.
Universal Basic Income usually creates a confusion and heated debates when people get divided between doomsday and Utopian scenarios. With faster than expected development of AI, we might be faced with no choice. In such case, what will UBI mean for most of us and how will it be implemented?
Let’s say it was possible to buy your health by the day. How much would you be willing to pay for each year of perfect health? What if you could buy years of health for your loved ones, too? At what price point would you draw the line?
This sort of difficult calculus, on a much larger and chronologically longer scale, underpins many decisions we make in medicine — not just decisions that we make as patients, but also the decisions that are made for us by employers, health insurance funders and policymakers. We don’t have the resources to pursue every possible treatment, to research every possible breakthrough, so how do we allocate the resources available? It turns out that there is an entire field of healthcare economics devoted to understanding the costs and benefits of conventional medicine, and to navigating the trade-offs between more expense and better healthcare.
Determining the costs and benefits of new areas like genomic medicine is especially tricky, because we have so much less experience in these areas, and even experts cannot yet fully agree on the spectrum of harms and benefits.
Andrew Yang today announced the creation of Humanity First, an organization that will fund programs for universal basic income and data as a property right.
Before the outbreak, China’s tech industry was already under pressure from the ongoing trade war with the US, which has seen expansion plans crimped by a tighter funding environment and macro economic slowdown. A rapid rise in the number of unemployed could pose a big challenge for the world’s second-largest economy which has seen growth rates already slow to near three-decade lows.
A growing number of Chinese tech-related companies have adopted ‘self-rescue’ plans as the coronavirus epidemic disrupts their business operations.