If there’s one policy that can unite socialists and Silicon Valley libertarians, it’s universal basic income (UBI) — a regular payment from the government to each and every adult, regardless of income. Many socialists like the unconditional nature of the programme — like Social Security, it has the potential to avoid arousing the anger of higher-earning people who feel they’re ...

Netflix Inc. is the Uber of the entertainment programming business. Whether Netflix investors recoil or cheer at the comparison depends on their risk tolerance. Netflix doesn’t share Uber’s inclination to push boundaries, and it has a well-functioning business. But both companies are impressive growth machines that rely on outside funding to maintain the momentum. And in both cases, it’s not ...

Few countries attract as much disdain from economists as Germany. Berlin is accused of running an excessively prudent budget and German companies of paying their workers too little: This stinginess — so the accusation goes — has contributed to global instability by making it harder for Germany’s euro-zone partners to climb their way out of the crisis. The criticisms, which ...