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Honest financing as a path to economic mobility and social justice

July 24, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Societal health can be assessed by a handful of factors: economic mobility (is the current generation earning more than their parents did?), upward mobility (the rate of which an individual can improve their own socioeconomic status), productivity (how efficiently one can earn income) and lastly, whether they have sufficient access to the resources and tools required to advance one’s position.

The last element, accessibility, is arguably one of the most important factors in a healthy society.

When an individual does not have access to the tools and/or resources necessary for their personal advancement, they’re left with two possible outcomes; they can […]

Trade deals and inequality

July 24, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

To respond to inequality, as well as the perceptions that the economy is “rigged” and deals like NAFTA are to blame, trade must become more inclusive.

The past year featured plenty of drama in international trade. Major developments included Brexit; obstacles to the secure passage of the Canada-EU trade deal; the US withdrawal from the Trans-Pacific Partnership (TPP); and the impending renegotiation of NAFTA.

In some ways, the heightened political and public scrutiny of trade is a welcome development. It shines a light on important policy issues, such as who determines trade rules, who benefits from them, and whether […]

Failed Welfare State an Opportunity for Conservatives, ‘Hillbilly’ Writer Argues

July 24, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Liberals built a welfare state that doesn’t offer upward mobility to Americans trapped in poverty, “Hillbilly Elegy” author J.D. Vance says, and conservatives should step forward and chart “a new direction” in government policy.

The best-selling writer, speaking Thursday at The Heritage Foundation for the think tank’s release of its 2017 Index of Culture and Opportunity , said conservatives who better understand “broken homes and broken neighborhoods” will reach solutions that get better results.

“We know that we have a crisis of opportunity in the country,” Vance said.Importantly, he said, Heritage’s index charting societal trends recognizes that the cultural disadvantage of […]

Building American Talent

July 23, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

How can we prepare needed talent to fuel economic growth and social mobility? With the workplace rapidly changing with advances in artificial intelligence, do we even know enough about future jobs to prepare young people with the right skills and capacities? Are our education systems prepared in light of rapid demographic shifts? Leaders in industry and academia have some ideas.
How can we prepare needed talent to fuel economic growth and social mobility? With the workplace rapidly changing with advances in artificial intelligence, do we even know enough about future jobs to prepare young people with the right […]

In defence of the gold digger and the fight for class, economic and gender equality

July 21, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

By Sabrina Maddeaux

She take my money when I’m in need
Yea she’s a triflin friend indeed
Oh she’s a gold digger way over town That digs on me — Kanye WestIt’s a tale as old as time: young, beautiful woman meets wealthy, older man.While the couple insist their love is genuine – “the real deal,” they assure any who will listen – it’s impossible to escape the expressive glances and whispered accusations that suggest something more sinister is at play; that the woman in this scenario has her sights set on more than mere romance.For many, such a […]

Forget blue collar, it’s about ‘new collar’

July 21, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

Biggest job gains were in these sectors ...

Biggest job gains were in these sectors … 01:31 Peter J. Taylor is president and chief executive officer of Zenith Education Group, a nonprofit vocational education organization that offers programs in the allied health, automotive and construction trades. Zenith was launched in February 2015 when its parent company, ECMC Group, took over a subset of schools from the now-defunct Corinthian Colleges chain, transitioning them to nonprofit status. Prior to joining ECMC Group, Taylor was chief financial officer of the University of California system. The opinions expressed in this commentary are his.

(CNN)While overall business optimism remains high, leaders of companies […]

The Incoherent Nature of Nancy MacLean’s Narrative

July 21, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Nancy MacLean is a professor of history at Duke University and she has written a book titled, Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America . The book purports to be about a “stealth” plan of how to overthrow democracy of the United States and the grand master of this diabolical plan was none other than the Nobel Prize winning economic James McGill Buchanan, one of the founders of the Public Choice theory subfield of economics.

In her book MacLean makes a number of extraordinary claims. The one that will not surprise many is […]

I saw brain cancer like John McCain’s erase someone I love — and it shows why healthcare coverage is so crucial

July 20, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

John McCain

John McCain. Win McNamee/Getty Images I am so sorry, John McCain; no one deserves a diagnosis like yours. That is the first thing I would like to say to you and your family.

The second: Thank you.

While you had every right to withhold your diagnosis of the brain cancer glioblastoma multiforme, or GBM, you and your family chose to share it, creating an opportunity to speak frankly about a notorious disease and its realities. What I wish I knew before GBM found my family The statistical reality for GBM , which is the most common and deadly form of […]

A Fare Deal: Modern Public Transit for Newark, NJ

July 20, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

NJTransit bus outside of Penn Station in Newark. In a recent interview with Chris Matthews, gubernatorial candidate Phil Murphy was asked about the stalled Hudson River tunnel project. Murphy, smiling broadly and with peppy confidence, remarked: “I believe one of the ways you get New Jersey back on its feet is by taking complete advantage of our God-given location — and there is nothing more important than our connection to New York City.”

Somehow the front-runner for New Jersey’s highest elected office — a governorship almost unrivaled in power for its ability to select a cabinet without legislative approval — […]

UBS: The super-fast next generation cell phone service only makes sense for the wealthy (T, VZ, S, TMUS)

July 20, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

flash, flash crash, hero, comic book character

Flickr/ JD Hancock 5G is supposed to be the next big thing to hit the cell phone market, but what if it’s just too expensive?

That’s the theory analysts at UBS proposed in a recent note to investors. Richard Dineen, an analyst at UBS, says the range and strength of 5G technology just don’t make financial sense. Here’s Dineen: "We modelled how many 5G sites would be required to cover the NY-NJ-PA Metropolitan Statistical Area (MSA), an area of ~8,300sq/mi with >20m population (6% of US total). Using FCC tower data, terrain, street and vertical elevation models, our analysis suggests […]