The Spanish leftwing Sumar party's plan is to offer €20,000 to all 23-year-olds, regardless of wealth, to boost their prospects in life. But to what extent is such a proposal economically viable? And why universal, and not targeted?
Just hours after I clicked send on the links last week, the curtain began to draw on one of the most chaotic eras of modern British politics, with Boris Johnson’s huffing and whining resignation as an MP. After discovering that we was about to be censured for lying to Parliament (a serious breach of Parliamentary rules), Johnson decided to compound his crimes by publicly divulging the contents of the report into his conduct and impugning the integrity and motives of the committee that punished him.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001 was awarded jointly to George A. Akerlof, A. Michael Spence and Joseph E. Stiglitz "for their analyses of markets with asymmetric information"