Since around 2000 the education premium and the level of employment in high-skill occupations has stagnated, if not actually begun to shrink. This brings into question the generally held view that in advanced countries, while potentially harmful for those who work with their hands, globalization...

1. Introduction -- 2. History of Concepts and Principles -- 3. Contemporary Institutional and Evolutionary Concepts and Principles -- 4. Global Coronavirus Pandemic Crisis -- 5. Climate Change -- 6. Corruption -- 7. Artificial General Intelligence and Autonomous Humanoid Robotics -- 8. Policy...

The main problem of this article is the basic income guarantee in the perspective of institutional economics. The author evaluates theoretical literature considering the topic and discusses past empirical research. The predicted and the actual outcomes of the programme are compared and...