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Why Universal Basic Income Won't Work

Why Universal Basic Income Won't Work

The universal basic income (UBI)…

Markets

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Erdogan Fires Central Bank Head As Desperation Grows

Jul 08, 2019 at 15:00

As political desperation grows after a loss in Istanbul, Turkish President Erdogan is beginning to take swipes at the country’s Central Bank

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How To Measure The Strength Of The Economy

Jul 08, 2019 at 10:00

There are glaring flaws when looking at economic strength measured by GDP, so how do we actually measure how well the economy is performing?

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Are Central Banks Propping Up The Equity Market?

Jul 03, 2019 at 12:00

One of the reasons gold performed so well in June is that the Fed is abandoning their plan to raise interest rates and most watchers now expect officials to begin…

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40% Of Americans Think A Recession Is Looming

Jul 02, 2019 at 18:00

Despite over 10 years of solid economic growth, many Americans are fearing the worst

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A False Profit: Why GDP Is A Terrible Way To Measure The Economy

Jul 01, 2019 at 13:00

There are positive feedback loops, where GDP-generating activities cause other GDP-generating activities. At least, while it lasts.

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The Problem With Modern Monetary Theory

Jul 01, 2019 at 11:00

Modern monetary theory has been a major talking point in recent weeks, but there are some underlying problems that simply can’t be ignored

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Markets On Edge As Trump Doubles Down On Anti-Powell Rhetoric

Jun 27, 2019 at 18:00

Trump has not tip-toed around his disdain for Fed Chair Jerome Powell, but after his latest round of Tweets, markets are finally taking note

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America's Richest Are Begging To Be Taxed

Jun 27, 2019 at 15:00

The world loves to hear America’s billionaires pining away for higher taxes, and it seems to be a trend that is gaining momentum in this new era of over-the-top capitalism

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Billionaires Are Pushing Art To New Limits

Jun 22, 2019 at 18:00

Welcome to Art Basel: The most important art fair in the world, and key venue for global mega-galleries to sell eight-figure pieces to billionaires

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Why Central Banks Are Dumping The Dollar

Jun 21, 2019 at 12:00

Along with the expectation of a looser economic policy, ie., lower interest rates, the gold price is also currently being supported by major central bank buying