A charity implemented a massive economic stimulus package for rural Kenya: 10,500 households received $1,000 each. A study examined the effects. The result: the entire population benefited from the package and every dollar invested boosted...
Four Day Working Week - Foto: Glasgow Scotland / Artur Kraft on unsplash
A four-day week is to be trialled in Scotland - with no loss of pay for workers. A report published in early September makes suggestions on how shorter working hours could be implemented for Scots,...
Denmark has been led by Social Democrats since 2019. In 2020, the Danish government has been able to pay their citizens a corona aid of 1570$ each and priorized homless people during the vaccination process....
The total amount of private household spending is increasing year by year worldwide. However, this growth is extremely unevenly distributed. Here are the top (or worst?) ten countries when it comes to consumption growth distribution...
In Finland, the new Social Democratic government under Prime Minister Sanna Marin is focusing on work-life balance, investment in education and social partnership. It is also learning from its experiment with universal basic income. We...
man fishing on the river - vidar-nordli-mathisen_unsplash
The world's largest nationwide attempt to reduce working hours has made international headlines – that’s how positive the results in Iceland were. The study showed: Reducing working hours while maintaining full pay makes workers happier,...
China bans cryptocurrencies. The Central African Republic is making Bitcoins a legal tender. Meanwhile, the EU failed to require the crypto industry to be more sustainable: Conservatives and the Right prevent the paragraph demanded by...
Auckland, Nieuw-Zeeland_Aleza van der Werrff_unplash
New Zealand is halving public transport prices to cushion the sharp rise in prices for gasoline and diesel. In addition, the government is cutting taxes on fuel and road tolls to protect the population from...
Corona crisis makes the richest even richer: The assets of US billionaires increase by $434 billion during the American lockdown period. The biggest gains were recorded by Jeff Bezos (Amazon), Bill Gates (Microsoft) and Mark...
Amartya Sen biography
Amartya Sen's biography is shaped by his early experiences with hunger and racial violence. In October he was honored with the Peace Prize of the German Book Trade. The economist has dedicated his work to...