Boiling Frogs

As I said, in my previous post on the matter, Cyprus had two choices: either refuse to bail-in its banks, which implied directly to be ejected form the eurozone, either to balance better who would pay. Therefore Cyprus’ final deal is probably close to a good one.

While the idea of bailing-in the Cypriot banks was good idea in principle, the way the Cypriot government and the troika implemented was very badly designed – not to say scandalously unfair.  Now it’s up to the Cypriot People to demand a better plan. But which one?

OuiShare: Facilitating the Shift to a Collaborative Economy The Norwegian prison where inmates are treated like people Digital capitalism produces few winners France’s work ethic: flâneurs on the treadmill Q&A with Polish Central Bank Governor Marek Belka The case for helicopter money (Martin Wolf) Happy reading!

Obama must face the rise of the robots The Redefinition of Work Massive Political Corruption Causes Outrage in Spain Can internet activism turn into a real political movement? Happy reading!

What’s wrong with the French Housing market? It favors the rich in many ways.

Perpetual bonds: A clever way to manage the national debt in a time of low interest rates Irish banks at mercy of international paymasters The End of Labor: How to Protect Workers From the Rise of Robots When a man is tired of Paris … Icelandic government wins Icesave dispute against UK and Netherlands Galbraith: […]

Will you leave your job to join the sharing economy? Economics after the crisis: New model army Pre-school lessons for the bankers Documentary takes in lives of young Greek farmers Who will speak up for the universal welfare state now? Why Argentina is now paying for its dangerously successful economic story Happy reading!

The west’s crisis is one of democracy as much as finance (Slavoj Žižek) Services Like Car and Bike Sharing Boost Global Sharing Economy Aaron Swartz & the Dark Side of Movement Building What happens when you introduce a basic income guarantee? Results from a canadian experiment “The idea of central bank independence has always been […]

“There is no such a thing as a free lunch” often claim prominent mainstream economist. Well, the opposite theory – which justify unorthodox policies such as the unconditional basic income, finally gets some reckoning.

‘Hartz reforms’: how a benefits shakeup changed Germany Everything You Need to Know About the Crazy Plan to Save the Economy With a Trillion-Dollar Coin Button-Down Central Bank Bets It All UK: A government of millionaires just made the poor poorer – and laughed as they did it Why New Basel Rules Won’t Make Safer […]