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Economic Mobility For All

February 19, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure

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I’m retired from more than 40 years in the field of education now volunteering as a youth counselor in the greater Charlotte, North Carolina area. Most of my work these days is online although I do occasionally have the opportunity to visit with basketball teams, school groups, and parent/youth church groups to lead small group discussions on Nextstep2911 topics: character, choices, and careers. I avoid the topics we will never solve like world hunger, and confront only those things we can change.

Social media generates several thousand hits per month, and I do respond to all questions and […]

Facebook’s next project: American inequality

February 19, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure


Facebook CEO Mark Zuckerberg is quietly cracking open his company’s vast trove of user data for a study on economic inequality in the U.S. — the latest sign of his efforts to reckon with divisions in American society that the social network is accused of making worse.

The study, which hasn’t previously been reported, is mining the social connections among Facebook’s American users to shed light on the growing income disparity in the U.S., where the top 1 percent of households is said to control 40 percent of the country’s wealth. Facebook is an incomparably rich source of information for […]

WLOX Editorial: BP settlement money belongs in South Mississippi

February 18, 2018 ·  · Topic: BP Settlement  · Relevance: not sure


SOUTH MISSISSIPPI (WLOX) –

Here’s the latest on the money coming to the state of Mississippi from BP because of the oil disaster. It’s the same as before. People who don’t live anywhere near the coast want a chunk of the money.

The coast counties took the hit from the BP Oil disaster of 2010 and $750 million is headed to the state from BP over the next 15 years. One of the plans at the state legislative level is to create 11 districts around the state to share the money. No plan yet on how much that sharing will be.Coast […]

In a City Marked By Low Economic Mobility, One University Hopes to Build a ‘Tech Pipeline’

February 18, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure

In a City Marked By Low Economic Mobility, One University Hopes to Build a ‘Tech Pipeline’

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For Terik Tidwell, teaching kids to code is not just about algorithms or apps—it’s about economic mobility.

Tidwell is director of STEM innovation at Johnson C. Smith University, an historically-black college situated in the heart of Charlotte, NC. The city is marked by contradiction : On one hand, the place is booming, home to the headquarters of Bank of America and an emerging start-up scene. But a recent analysis scored Charlotte worst for economic mobility in a survey of the nation’s 50 largest cities, with pockets of concentrated poverty cut off from the rich opportunities just around […]

Economic factors influence parenting style

February 17, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure


A team of U.S. researchers has suggested that parenting styles are shaped by economic factors that incentivise one strategy over others.

The team asserted that economic conditions, especially inequality and return to education, have influenced child-rearing.

“All parents want their children to succeed and we argue that the economic environment influences their methods of child-rearing,”“For instance, greater occupational mobility and lower inequality today makes an authoritarian approach less effective than generations ago. It’s not that parents spare the rod because they are more concerned about their children’s wellbeing now than they were 100 years ago. Rather, parenting strategies adapted to the […]

The IMF Warns Trump’s Tax Cuts Could Trigger a Global ‘Race to the Bottom’

February 17, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure


Christine Lagarde. Photo: Vincent Isore/IP3/Getty Images Last October, the International Monetary Fund released a paper arguing that inequality was undermining global economic growth — and thus, contrary to supply-side dogma, developed nations did not need to choose between progressive tax policies and growth-enhancing ones.

The United States could raise taxes on its wealthiest citizens and accelerate the growth of its GDP, simultaneously. On the other hand, were advanced economies to cut taxes on their rich — and consequently, shift the burden of taxation on to ordinary citizens, or cut public investment — they would risk reducing global growth.

But Donald Trump […]

$90K stolen in robbery at Gretna hotel was BP settlement money: Gretna police

February 16, 2018 ·  · Topic: BP Settlement  · Relevance: not sure


The roughly $90,000 in cash that a robbery victim had stashed in a lockbox in his vehicle was obtained through a BP oil spill settlement, according to Gretna Police Department Deputy Police Chief Anthony Christiana.

The unusually large amount of cash was the target of a Feb. 4 armed robbery carried out by at least seven men and women who split the stolen money, using some of the cash to buy vehicles, police said. Six of the seven suspected robbers have been arrested on armed robbery and battery charges, while police say they are trying to identify a seventh suspect.

The […]

Globalization, technology, and inequality: It’s the policies, stupid

February 16, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure


We are living in a time of mounting societal discontent and political divisiveness—a “fractured world,” as captured in the theme of the recent World Economic Forum meeting in Davos. In many countries, social disaffection with economic outcomes is up sharply, roiling the political landscape and stoking populist and nationalist sentiment. Brexit and the outcome of the 2016 United States presidential election are but the more dramatic examples of these socio-political dynamics that hold wider sway.

What explains the rising tide of socio-economic unhappiness? The world has not become less prosperous. It is true that the global financial crisis caused major […]

Challenge Accepted: LSU President F. King Alexander outlines plan to tackle Louisiana’s problems

February 16, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure

2.16.2018 F. King Alexander Addresses

LSU president F. King Alexander addresses a speech at the Student Union Theater on Friday, Feb. 16, 2018. LSU President F. King Alexander addressed the University on Feb. 16 to demonstrate LSU’s ability to tackle issues faced by Louisiana and the nation.

The address marked the final event of LSU 2025: Challenge Accepted, where Alexander visited all seven campus locations across Louisiana, culminating with his address in the Student Union Theater Friday morning.

Alexander outlined six critical areas for the University to address: enhancing arts and culture, protecting the coast, fostering greater research and economic development, improving the state’s health and […]

The power of dialogue in a disrupted world

February 16, 2018 ·  · Topic: Economic Mobility  · Relevance: not sure

GENEVA – Closing the divides in our fractured world will require collaboration among many stakeholders. And, more often than not, it is dialogue that sets cooperation apart from conflict, and progress from painful reversals of fortune.

Good-faith dialogue – the ability to see the world through the eyes of other people, especially those with whom we disagree – has never been more important. We are living in an age when the Internet and other information and communications technologies have broken down traditional borders and brought us closer together. But it is also an age in which the drumbeat of nationalism […]