The European country that wants to pay all of its citizens £1,700-a-month – whether they work or not

The European country that wants to pay all of its citizens £1,700-a-month – whether they work or not

Switzerland is set to vote on a proposal that wants to pay everyone 2,500 Swiss francs (£1,700) a month regardless of whether people are working or not. If the plans go through, it will become the first country in the world to provide a basic unconditional monthly income, and they are already the first country to vote on the matter. 

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Japan is sinking in a sea of money

Japan is sinking in a sea of money

Author: Masanaga Kumakura, Komazawa University According to conventional economic theory, the monetisation of government debt is a recipe for fiscal profligacy and hyperinflation. It should be the last thing any credible central bank turns its hand to. But this is precisely what the Bank of Japan (BOJ) has been doing for the last three years.

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Pirate Party Risks Future to Protect Hyperlinks

Pirate Party Risks Future to Protect Hyperlinks

Earlier this week it was revealed that the Czech Pirate Party is being prosecuted for running a pirate TV show site. The party faces 200,000 euros in damages and could even be dissolved as a legal entity, but according to the chief of the party's International Department, defending Internet hyperlinking is worth the risk.

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Meanwhile In Canada, A Real Estate Bargain Emerges. ($2.4 million CAD)

Meanwhile In Canada, A Real Estate Bargain Emerges. ($2.4 million CAD)

We’ve long known that Canada, like Sweden and Denmark, is sitting on a giant housing bubble. Indeed we took a close look at the issue back in March of last year and have revisited in on several occasions since.

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When Even The Wall Street Journal Calls Out The USTR’s Misleading Propaganda About The TPP…

When Even The Wall Street Journal Calls Out The USTR's Misleading Propaganda About The TPP...

Not too surprisingly, the Wall Street Journal has been a big booster of the Trans Pacific Partnership (TPP) agreement over the past year, repeatedly praising the deal and claiming it will save the world in all sorts of ways. Most of that is based on the faulty belief that the TPP is actually a "free trade" deal (it's actually the opposite)

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