Iran has become the first country in the world to provide a de facto basic income to all its citizens. This article reviews the development of the main component of Irans economic reform plan the replacement of fuel and food subsidies with direct cash transfers to the population and shows how a...

The paper presents a proposal for allocating jobs and incomes through using an internet auction that is based on the idea of tradable job quotas. Auction participants are enabled to self-organize for a BI. A smart phone application for conducting the auction is presented, and some results of...

Although basic pension had failed for years to catch the imagination of policy makers in Greece, the severe crisis raging since November 2009 has caused it to be quickly put on the agenda. In May 2010 the government committed to a harsh austerity programme, aimed at fiscal consolidation, in...

This research note argues that, in the age of globalisation, the old age pension should be installed at a global level, by means of a pension paid at a modest rate to all older persons on the planet, to be financed by a light tax on global financial transactions and corporate wealth.

More than 50 states around the world now possess a Sovereign Wealth Fund (SWF), yet only the Alaska Permanent Fund (APF) directly distributes profits to national citizens. SWFs are government-owned investment vehicles, more than two-thirds of which have been established since the year 2000. This...