‘We had a bail-out for the banks. Now we need one for the people’

‘We had a bail-out for the banks. Now we need one for the people’

Economist, historian and scourge of the Davos super-rich Rutger Bregman tells us why the coronavirus crisis has made the time right to drive towards a system of Universal Basic Income There’s an old quote that I can’t get out of my head these days. It’s from Milton Friedman, one of the most influential economists of the 20th century. In 1982 he wrote:

“Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around.”

Right now, we are in the biggest crisis since the Second […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.