The UK's tax credits system is expensive, inefficient and hurts the very people it is supposed to help. It is not fit for purpose.
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Basic income may well prove to be the best tool to preserve our capitalist system. But first, progressive politicians need to educate the public that austerity is the problem, not the solution.
It's possible that a society of educated people is likely to be more cultured and scientific-minded than one of non-graduates, and this should have positive externalities in the form of better political discourse and higher culture. There is, however, little evidence of this in practice.
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Vicious Cycle 2.0: European bank interconnectedness and vulnerabilities - http://t.co/AyAo39XtAz
RT @2noame: Boom Bust: Coppola (@Frances_Coppola of @PieriaView ) on the mess in Europe & Kling on #basicincome https://t.co/Xe0ZSVsIwy @RT…
Don’t blame it on Rio – Glencore may turn out to be fortunate it had its advances rebuffed - http://t.co/jkQSivxDtS
RT @dsquareddigest: “Your Next Favourite Macroeconomist” https://t.co/dmscPxyCHj in which I borrow techniques of music journalism to hype @…
RT @azizonomics: My latest for @PieriaView "On Oil Prices & Prosperity" http://t.co/hcWaSz6qbc