Debunking UBI funding schemes

by Serban V.C. Enache

There are a number of people on the internet, supporters of Universal Basic Income or Basic Income Guarantee, who peddle regressive taxation to “pay for” the program. The most common funding schemes you’ll find on the internet consist of: VAT (Value Added Tax) or a Tax on all financial transactions – the latter’s final goal being that of replacing all other taxes. Continue reading “Debunking UBI funding schemes”

Peru, Sectoral Balances and Capacity Utilization

by Serban V.C. Enache

Between 2008 and 2017, the Government of Peru ran fiscal surpluses in the years 2008, 2011, 2012, and 2013 – thus helping to erode domestic private sector equity. In contrast Continue reading “Peru, Sectoral Balances and Capacity Utilization”