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.
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.
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?
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.