Elly Twineyo Kamugisha Why Africa Fails_ The Case For Growth Before Democracy Tafelberg (2012)

American democracy is at an impasse. After years of zero-sum partisan trench warfare, our political institutions are deteriorating. Our norms are collapsing. Democrats and Republicans no longer merely argue; they cut off contact with each other. In short, the two-party system is breaking our democracy, and driving us all crazy.

In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. ‘Quantitative Easing’ (QE) was supposed to prevent deflation and restore economic growth.

Advocated (and attacked) by commentators across the political spectrum, paying every citizen a basic income regardless of their circumstances sounds utopian. However, as our economies are transformed and welfare states feel the strain, it has become a hotly debated issue.