Universal basic income: Wales is set to end its experiment – why we think that’s a mistake
Dec 07, 2023 01:33 am UTC| Economy
The Welsh government has announced that its universal basic income (UBI) project will not be continued after the initial pilot ends in 2025 because of the cost. The trial involved paying monthly payments of 1,600 each...
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely
Dec 06, 2023 07:57 am UTC| Economy Central Banks
If youre looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesdays board meeting, saying: the latest monthly...
Dec 06, 2023 07:48 am UTC| Economy
The Labour leader Keir Starmer has warned that if his party wins the next UK general election, he will not be able to turn on the spending taps. Speaking at a thinktank event focused on the stagnation of the UK economy, he...
The government hopes private investors will fund social services – the evidence isn't so optimistic
Dec 06, 2023 07:46 am UTC| Economy
It was scarcely mentioned during the election campaign, but we will undoubtedly be hearing more about social investment. As the National Partys election platform stated, it will be the organising framework for funding...
Dec 05, 2023 05:39 am UTC| Law Economy
Planned Parenthood no longer provides abortions in Texas, Louisiana and the other 10 states that have essentially banned abortion since the Supreme Court handed down its Dobbs v. Jackson decision in June 2022. But the...
Implementing a basic income means overcoming myths about the 'undeserving poor'
Dec 05, 2023 05:35 am UTC| Economy
Newfoundland and Labrador recently announced plans to introduce a basic income for people aged 60-64 receiving social assistance. It is slated to roll out in April 2024 and will match existing federal seniors...
African countries lost control to foreign mining companies – the 3 steps that allowed this to happen
Dec 04, 2023 12:50 pm UTC| Economy Business
Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects