Policy entrepreneur
An initiative to establish a new federal law “For an unconditional basic income” was formally introduced in Switzerland in April. The idea, which consists quite simply of giving a monthly income to all citizens that is neither means-tested nor work-related, has generated commentary throughout the Swiss blogosphere. My review can be read on Global Voices.
» Read moreSo, François Hollande wins the elections against a Sarkozy on its last legs after a disastrous mandate. Again, not such a surprise. Sometimes life is quite boring when you are one step ahead.
» Read moreWhile chief economist at the IMF, Raghuram Rajan was one of the very few economist that prevented the crisis before 2008. The True Lessons of the Recession, his last paper (pdf) is definitely worth reading: In fact, today’s economic troubles are not simply the result of inadequate demand but the result, equally, of a distorted supply side. For decades before the financial
» Read moreWhile complexity and opacity of finance is unfortunate, to some extent it appears to be needed for the good functioning of the economic machine. Understanding finance’s opacity is thus necessary to reform our modern financial system.
» Read moreAnother warning signal that the euro crisis is far from over : French banks withdrew roughly 62bn euros from the so called PIIGS countries last quarter, Bank for Settlements’ new data release shows.
» Read moreThe European Central Bank is suspected of providing emergency liquidity assistance Spanish banks. However, there intriguing evidences that Cyprus banks are primarily benefiting from this discrete liquidity support.
» Read moreWhat if everyone had access to cheap money central banks are flooding into the financial markets since the beginning of the crisis? Last week, The Washington Post published a nice post that raises the question.
» Read moreI was not expecting anything from these elections, but still I feel disappointed. No by the results in itself, but rather by the absence of any sort of surprise.
» Read moreToday is an election day in France. But if you expect some surprising news, you had better to check out this few radical ideas that will emerge soon.
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