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Citizen's Dividend
Citizen's dividend is a proposed policy based upon the Georgist principle that the natural world is the Commons, common property of all people. It is proposed that all citizens receive regular payments (dividends) from revenue raised by leasing or taxing the monopoly of valuable land (economics), land and other natural resources. History A concept akin to a citizen's dividend was known in Classical Athens. In 483 BC, a massive new seam of silver was found in the Athenian silver mines at Laurium.PlutarchThemistocles 4/ref> The dispersal of this provoked great debate. The statesman Aristides proposed the profit from this should be distributed among the Athenian citizens.Holland, pp. 219–222 However he was opposed by Themistocles, who proposed the money be spent building warships for the Athenian navy. In the end, Themistocles' policy was the one adopted. In the United Kingdom and United States, the idea can be traced back to Thomas Paine's essay, ''Agrarian Justice' ...
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Universal Basic Income
Universal basic income (UBI) is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform Work (human activity), work. In contrast, a ''guaranteed minimum income'' is paid only to those who do not already receive an income that is enough to live on. A UBI would be received independently of any other income. If the level is sufficient to meet a person's basic needs (i.e., at or above the poverty line), it is considered a ''full basic income''; if it is less than that amount, it is called a ''partial basic income''. As of 2025, no country has implemented a full UBI system, but two countries—Mongolia and Iran—have had a partial UBI in the past. There have been Universal basic income pilots, numerous pilot projects, and the idea Universal basic income around the world, is discussed in many countries. Some have labelled UBI as utopian du ...
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Social Security
Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance programs which provide support only to those who have previously contributed (e.g. pensions), as opposed to ''social assistance'' programs which provide support on the basis of need alone (e.g. most disability benefits). The International Labour Organization defines social security as covering support for those in old age, support for the maintenance of children, medical treatment, parental and sick leave, unemployment and disability benefits, and support for sufferers of occupational injury. More broadly, welfare may also encompass efforts to provide a basic level of well-being through subsidized ''social services'' such as healthcare, education, infrastructure, vocational training, and public housing.''The New Fontana Diction ...
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Rahul Chimanbhai Mehta
Rahul is a popular male name in India and has a variety of meanings. The earliest meaning found in the Upanishads is "conqueror of all miseries." Later use of the word is attributed to the Buddha, who named his son '' Rahula'' as he felt that family ties could be an obstacle in the path to renunciation and nirvana. Buddha uttered Rahul when he first saw his son and gave a new meaning "relationship" and "bondage" to this name. Rahul means ''Moon, Able/efficient'' in Sanskrit and Pali. Rahul also means "Traveler" in Arabic. People named Rahul Arts * Rahul Banerjee (actor) (born 1983), Indian Bengali actor * Rahul Bhatt (born 1982), Indian fitness trainer and actor * Rahul Bose (born 1967), Indian Bengali actor, director, screenwriter, social activist * Rahul Deshpande (born 1979), Indian classical singer * Rahul Dev (born 1968), Indian actor and model * Rahul Dev Burman (1939–1994), Indian composer and music director * Rahul Dholakia, Indian film director, producer, and s ...
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Nordic Model
The Nordic model comprises the economic and social policies as well as typical cultural practices common in the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). This includes a comprehensive welfare state and multi-level collective bargaining based on the economic foundations of social corporatism, and a commitment to private ownership within a market-based mixed economywith Norway being a partial exception due to a large number of state-owned enterprises and state ownership in publicly listed firms. Although there are significant differences among the Nordic countries, they all have some common traits. The three Scandinavian countries are constitutional monarchies, while Finland and Iceland have been republics since the 20th century. All the Nordic countries are however described as being highly democratic and all have a unicameral legislature and use proportional representation in their electoral systems. They all support a universalist welfare state aime ...
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Thomas Pogge
Thomas Winfried Menko Pogge (; born 13 August 1953) is a German philosopher and is the Director of the Global Justice Program and Leitner Professor of Philosophy and International Affairs at Yale University, United States. In addition to his Yale appointment, he is the Research Director of the Centre for the Study of the Mind in Nature at the University of Oslo, Norway, a Professorial Research Fellow at the Centre for Applied Philosophy and Public Ethics at Charles Sturt University, Australia, and Professor of Political Philosophy at the University of Central Lancashire's Centre for Professional Ethics, England. Pogge is also an editor for social and political philosophy for the Stanford Encyclopedia of Philosophy and a member of the Norwegian Academy of Science and Letters. Early career Pogge received his PhD from Harvard University in 1983. His dissertation, titled ''Kant, Rawls, and Global Justice'', was supervised by John Rawls. Major works Pogge has published widely on Imman ...
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Peter Barnes (entrepreneur)
Peter Barnes (born April 16, 1940 in New York City) is an American entrepreneur, environmentalist, and journalist. Early life and education Barnes grew up in New York City. He earned a B.A. in history from Harvard University and an M.A. in government from Georgetown. Career Journalist Barnes began his career in journalism working as a reporter for ''The Lowell Sun'' in Lowell, Massachusetts. He later became a Washington, D.C. correspondent for'' Newsweek'' and was subsequently employed as a west coast correspondent for ''The New Republic''. Entrepreneur In 1976, Barnes co-founded a worker-owned solar energy company in San Francisco, California. In 1983, he co-founded Working Assets Money Fund. He served as president of Working Assets Long Distance in the 1980s. In 1995, Barnes was named Socially Responsible Entrepreneur of the Year for Northern California. Board membership Barnes served on numerous boards of directors, including: * National Cooperative Bank * California ...
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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Permanent Fund Dividend
The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). It was established in Alaska in 1976 by Article 9, Section 15 of the Alaska State Constitution under Governor Jay Hammond and Attorney General Avrum Gross. From February 1976 until April 1980, the Department of Revenue Treasury Division managed the state's Permanent Fund assets, until, in 1980, the Alaska State Legislature created the APFC. As of 2019, the fund was worth approximately $64 billion that has been funded by oil and mining revenues and has paid out an average of approximately $1,600 annually per resident (adjusted to 2019 dollars). The main use for the fund's revenue has been to pay out the Permanent Fund Dividend (PFD), which many authors portray as the only example of a basic income in practice. History Shortly after the oil from Alaska's North Slope began flowing to market through the Trans-Alaska Pi ...
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Alaska
Alaska ( ) is a non-contiguous U.S. state on the northwest extremity of North America. Part of the Western United States region, it is one of the two non-contiguous U.S. states, alongside Hawaii. Alaska is also considered to be the northernmost, westernmost, and easternmost (the Aleutian Islands cross the 180th meridian into the eastern hemisphere) state in the United States. It borders the Canadian territory of Yukon and the province of British Columbia to the east. It shares a western maritime border, in the Bering Strait, with Russia's Chukotka Autonomous Okrug. The Chukchi and Beaufort Seas of the Arctic Ocean lie to the north, and the Pacific Ocean lies to the south. Technically, it is a semi-exclave of the U.S., and is the largest exclave in the world. Alaska is the largest U.S. state by area, comprising more total area than the following three largest states of Texas, California, and Montana combined, and is the seventh-largest subnational division i ...
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Electromagnetic Spectrum
The electromagnetic spectrum is the full range of electromagnetic radiation, organized by frequency or wavelength. The spectrum is divided into separate bands, with different names for the electromagnetic waves within each band. From low to high frequency these are: radio waves, microwaves, infrared, visible light, ultraviolet, X-rays, and gamma rays. The electromagnetic waves in each of these bands have different characteristics, such as how they are produced, how they interact with matter, and their practical applications. Radio waves, at the low-frequency end of the spectrum, have the lowest photon energy and the longest wavelengths—thousands of kilometers, or more. They can be emitted and received by antenna (radio), antennas, and pass through the atmosphere, foliage, and most building materials. Gamma rays, at the high-frequency end of the spectrum, have the highest photon energies and the shortest wavelengths—much smaller than an atomic nucleus. Gamma rays, X-rays, and ...
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Seignorage
Seigniorage , also spelled seignorage or seigneurage (), is the increase in the value of money due to money creation minus the cost of producing the additional money. Monetary seigniorage is where government bonds are exchanged for newly created money by a central bank, allowing debt monetization ("borrowing" without repaying). The increased purchasing power of the government at the expense of public purchasing power imposes what is known as an inflation tax on the public. Seignorage can also refer to: * Seigniorage derived from specie (metal coins) is a tax added to the total cost of a coin (metal content and production costs) that a customer of the mint had to pay, and which was sent to the sovereign of the political region. * Seigniorage derived from banknotes is the difference between interest earned on securities acquired in exchange for banknotes and the cost of printing and distributing the notes. Seigniorage is the positive return, or carry, on issued notes and coin ...
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Economic Rent
In economics, economic rent is any payment to the owner of a factor of production in excess of the costs needed to bring that factor into production. In classical economics, economic rent is any payment made (including imputed value) or benefit received for non-produced inputs such as location (land) and for assets formed by creating official privilege over natural opportunities (e.g., patents). In the moral economy of neoclassical economics, assuming the market is natural, and does not come about by state and social contrivance, economic rent includes income gained by labor or state beneficiaries or other "contrived" exclusivity, such as labor guilds and unofficial corruption. Overview In the moral economy of the economics tradition broadly, economic rent is distinct from producer surplus, or normal profit, both of which are theorized to involve productive human action. Economic rent is also independent of opportunity cost, unlike economic profit, where opportunity c ...
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