The Basic Income Guarantee (BIG) is back in the news. The Finns are considering implementing it, as are the Swiss, replacing all means tested benefits with a simple grant to every citizen, giving everyone enough money to survive.
Tag: economy
Romer y la economía de las ideas
Si existe algún consenso en el mundo académico es que Paul Romer ganará algún día el Premio Nobel de Economía por sus trabajos acerca de la innovación y los incentivos que conducen al crecimiento económico.
Two stories about capitalism, which explain why economists don’t reach agreement
Why is it that if you know an economist’s political leaning you can guess many of his or her factual beliefs? Would raising the minimum wage would help or hurt the poor overall? Is austerity or stimulus is the more reliable route to economic recovery? Is rising income inequality a drag on growth?
Keynes on “The Road to Serfdom”
It is well known that John Maynard Keynes said of Hayek’s “The Road to Serfdom”:In my opinion it is a grand book […] Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.
The Pitchforks Are Coming… For Us Plutocrats
You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like Amazon.
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Herbert Gintis’ review of Complexity and the Art of Public Policy : S…
I want to begin my review of this marvelous and compelling book by outlining what economists have known concerning public policy for at least fifty years.
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Infoodation 