Tag Archives: Quantitative easing

Geoff Crocker, “The Economic Necessity of Basic Income”

Geoff Crocker proposes ‘a basic income funded by QE in proportion to output GDP and not counted as deficit’ as ‘the only ultimate solution’. This prescription is based on his diagnosis that ‘the delinkage of productivity and real wages is the underlying cause of the 2007 economic crisis.’ Geoff Crocker, “The Economic Necessity of Basic Income,” Munich Personal RePEc Archive, Paper No. 62941,

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Guy Standing, “Basic income pilots: a better option than QE”

  Guy Standing describes, in the present article, the European Central Bank (ECB) as undemocratic, pushing countries to step back on social policies, ramping up insecurity and precariousness and generally representing the financial sector. He suggests directing a small 1% part of the recently deployed Quantitative Easing (QE) scheme to lower income regions, in the form of a basic income,

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John Muellbauer, "Quantitative easing for the people"

Oxford Economics professor John Muellbauer elaborates a rational justification and a simple application plan for giving each EU citizen a 500 €, no strings attached, monthly payment. The money would be printed in the European Central Bank and simply given to registered citizens in the eurozone. John Muellbauer, “Quantitative easing for the people“, Project Syndicate, November 7 2014

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Mehdi Hasan. “We could fix our economy by giving every man, woman and child £6,000 in cash”

This article, in the New Statesman, criticizes the ineffectiveness of quantitative easing [QE] in the UK and how it has benefited the banking sector and the richest. It suggest the amount spent so far of 375bn could have be ‘given instead as around £6,000 per man, woman and child in the UK. So why not electronically add this to the

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