Ultimately, the rich will find a way to profit from a basic income, to the detriment of the poor, thanks to the distributional effects of different types of state financing. It would be folly to call for a UBI without a detailed and sophisticated calculation of the distributive effects of its...

From the very beginning of the European Monetary Union the crucial institutions, the European Commission and the European Central Bank, led by mainstream economic thinking, were not up to their task of controlling the core of the system effectively. A huge gap in competitiveness among the member...