Image by Paul Downey When influential charity Oxfam published its report, “ An Economy for the 1% ”, it was well timed to coincide with 2017’s January meeting of the world’s rich and powerful at the Swiss ski resort of Davos.
Oxfam’s findings were widely discussed, including in a weekly news magazine aimed at eight to 14-year-olds. Much of this discussion focused on the report’s headline statistics, which told us most strikingly that “since 2015, the richest 1% has owned more wealth than the rest of the planet”. Or that the eight richest men in the world own as much […]
View Original: Inequality, Poverty and a ‘Human Economy’
America is commonly called the land of opportunity, a place where if you work hard and do the right thing you’ll be financially secure. This image of America as a beacon for hope and prosperity is not entirely inaccurate, but it does have some major flaws. By teaching that hard work is the main ingredient for a large bank account and overall financial prosperity, it’s also implied that those living in poverty must be lazy. A common refrain from those free of the burden of poverty is that people who are on welfare are leeching off of the system […]
View Original: SLEZAK: Fixing poverty starts with change of thinking
MARCH 13 — At times the Tamil schools are blamed for social ills amongst Indians. While there is a strong correlation between poverty and crime, blaming Tamil schools simply because they are the sanctuary for the poor is a bizarre nexus duped with misconception. Unless the truth of the issue is fully ventilated, such simplistic inferences would continue to haunt the credibility of the Tamil school system.
Firstly, there is zero research indicating that Tamil schools are one of the reasons for gangsterism or crime amongst Indians. Such certainty is founded on all available researches over the last decade on […]
View Original: Indian gangsterism: Stop blaming Tamil schools — K. Arumugam
THE PRESIDENT: Thank you. (Applause.) Thank you, everybody. Thank you so much. Please, please have a seat. Thank you so much. Well, thank you, Neera, for the wonderful introduction and sharing a story that resonated with me. There were a lot of parallels in my life and probably resonated with some of you.
Over the past 10 years, the Center for American Progress has done incredible work to shape the debate over expanding opportunity for all Americans. And I could not be more grateful to CAP not only for giving me a lot of good policy ideas, but also giving […]
View Original: Remarks by the President on Economic Mobility
The massification of higher education has made it a polarising issue, says Simon Marginson Share on twitter
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Share on linkedin It is a crucial time for global higher education, in an extraordinary political landscape that no one saw coming a year ago. Universities, science, experts, mobile foreigners, mobile locals: all are on the alt-right blacklist.Remarkably, the toxic, unresolvable debate between global mobility and national monoculture has not only paused the evolution of Europe, it is now more potent than the goal of economic prosperity, which a year ago ruled policy in the UK […]
View Original: Universities: ‘the collateral damage of blood and soil nationalist politics’
The Chicago Metropolitan Agency for Planning has a new overview of broad population trends in Cook and the collar counties, and within it is a bird’s-eye view of race in the metropolitan area, showing how it’s evolved in the past decade and a half, and where it’s going—with reason for concern.
Take central Cook County. Here’s what it looked like in 2000 (blue dots equal 10 white residents, green dots equal 10 black residents, orange dots equal 10 Hispanic residents, red dots equal 10 Asian residents), compared to 2010-2014 American Community Survey data: JuxtaposeJS Photo Credits: Before Chicago Metropolitan Planning […]
View Original: This Shows Why Immigration Is So Important to the Chicago Region
A female employee is seen as she works at a petrol station in Cairo, Egypt, February 24, 2016. REUTERS/Mohamed Abd El Ghany – RTS8CHW The female labor force participation rate in the Middle East and North Africa (MENA) is the lowest in the world and has seen little improvement in the past four decades, despite evidence that equal access to jobs boosts GDP, contributes to long-term growth, and targets income inequality.
As it stands now, MENA countries won’t reach the current global average for at least 150 years when it comes to women’s labor force participation. As the region confronts […]
View Original: Improving Women’s Economic Participation in MENA Nations
© Getty Images Monthly unemployment figures have long been the barometer of America’s economic health. Unfortunately, they fail to tell the real story of the economic pressures experienced by American families, conditions that are rife with employment insecurity that constrict and ultimately threaten the American dream.
It is time for a new measure of economic health, one that takes into account a new national climate that has been changed by technology, labor practices, globalization and cataclysmic events such as the Great Recession and its seemingly bounce-less rebound for low- and middle-income Americans.
To truly understand the economic stability of American families, […]
View Original: Unemployment numbers don’t tell real struggles of US families
1 INCOME INEQUALITY AND STATUS- SEEKING Marii Paskov, Klarita Gërxhani, Herman G. van de Werfhorst INET Oxford Working Paper no Employment, Equity and Growth programme 1
2 Income Inequality and Status- Seeking Marii Paskov *, Klarita Gërxhani, Herman G. van de Werfhorst The objective of this paper is to study status- seeking, defined as pursuit for elevated social status, and how it relates to income inequality. Based on the literature suggesting that in unequal societies people are more concerned about their position in the social hierarchy, we hypothesize that people will also be more eager to attain enhanced social […]
View Original: INCOME INEQUALITY AND STATUS- SEEKING
Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]
View Original: Restoring America’s Economic Mobility