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Covid-19 makes basic income look better

Universal basic income (UBI) was a popular topic in the US before Covid-19 — in a theoretical sense. Now a pandemic is providing a tragic preview of some of the conditions UBI was conceived to address. And, though there are some important qualifications, Covid-19 is making UBI look better. Up until a few months ago, the argument for UBI was ...

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Iceland is the perfect coronavirus refuge

The world’s tourism hot spots are gradually reopening after the great lockdown, but they don’t look very alluring. Going to the beach will require spacing out parasols, while a city break in Europe might mean keeping a mask on while shopping. Not to mention the quarantines being imposed to limit imported infections, hardly a great way to start a vacation. ...

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JC Penney sees ‘no way’ to shake off its identity crisis

Bloomberg For middle-class Americans in the 20th century, JC Penney was one of the first places to look when you needed work pants, toys or towels, chairs or china. Even if you didn’t live anywhere near one of its stores, the iconic mail-order catalog made its goods available to anyone. As Penney’s longtime slogan promised, “It’s All Inside.” But as ...

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