The payments can either be made in the form of a one-off royalty or a data license can be granted for 30 – 40 years on the same model as those that are currently being done for digital spectrum auctions. The authors acknowledge this as one of the trade-offs they made for readability, and their more academic publications answer these points.

Economics increasingly fails to explain why the pressures of life appear to be intensifying at the same time as income per capita is rising, or why we work more hours for less money in real terms. And things are stated with the confidence level that one might have verbally (“policy X was an enormous mistake and the people who did it should be in jail”) but that in writing seem weird and off putting and very likely missing something. Notwithstanding the issues of intrusion of privacy, these entities may be made to fork out a fee every time the data of a user is extracted and used.La política ha descendido a la movilización táctica de las pequeñas minorías del electorado para ganar elecciones.

I whole heartedly agree with the criticism of the uk and EU economic policy post financial crash; lack of financial controls that caused it; and continued support to the capital rich few at the expense of the 95 percent.As a fairly new and very much amateur enthusiast into the world of economic literature this is exactly my kind of book. g. increase in populism, unequal distribution of wealth, extreme monopoly by big tech companies, and does so with lots of good analogy and examples. This is a timely read (2020/2021) of why people are rightly angry with why Western economies have failed the majority of people and what it can be done on a macro level to reverse some of the damage before history repeats itself with the 2008 crash. Lonergan's three requirements that a policy work, we achievable, and be something that has a hope in hell of happening, are sensible and straightforward.