Business, Finance & Economics

Business, Finance & Economics

Detroit's existing immigrant communities feel left out by a new proposal to attract skilled immigrants

Michigan Governor Rick Snyder is pushing immigration as one solution to Detroit's economic woes. He's asked the Obama Administration to designate 50,000 visas to attract skilled immigrants and entrepreneurs to the bankrupt city during the next five years. But Detroit's existing immigrant communities insist they be included in the economic strategy to bring Detroit back.

Business, Finance & Economics

How Canada tried to eradicate poverty with guaranteed income

For some residents of the Netherlands it will soon be money for nothing. Utrecht in the Netherlands just announced it would be experimenting with "basic income." That is, giving people on welfare a paycheck regardless of whether they get a job or not. This isn't the first experiment in handing out checks without strings. Economist Evelyn Forget studied a similar experiment in Manitoba in the 1970s.