What Does a Beer Historian Do?
EY Sure Seems Excited About Its Interns
Staying safe during the war on inequality FT Alphaville
Lovers of trashy films are highly educated cultural omnivores
I say blame the voters but still there is a grain of truth to this Still, the ethic of individual responsibility should be paramount here, and that leads us back to the voters
Robert Reich's contribution to the inequality debate [Saving Capitalism: For the Many, Not the Few (2015)] is to show how clients of large law firms use their power to shape the "free market" that we unthinkingly accept as a state of nature. In Reich's universe, rules define the market, and states create the rules. More precisely, elite lawyers create the rules. They also game them.
Inexplicable, almost unthinkable acts of violence; audacious, nihilistic, adolescent self-righteousness: ... MCMVIi
Raising the minimum wage could improve public health Economic Policy Institute
“According to some federal data, on average, full-time female workers earn approximately 20% less than full-time male workers
Maybe British Voters and Workers were not so Dumb ... As The Smart Elite Alleges - By David Miles, Imperial College Business School. Originally published as a chapter in the VoxEU ebook, Brexit Beckons: Thinking ahead by leading economists, available to download free of charge
One can scarcely read Machiavelli’s “Discourses” without reflecting on their significance for our day. When he writes that “no kingdom can stand when two feeble princes follow in succession,” one thinks of recent American history and its string of poor presidents. His explanation of how good men were excluded from office, owing to the valuation of wealth over honor and the insidious influence of corruption, so that men of merit gave way to those with ambition merely, makes one think of current American politics.
“Back there I could fly a gunship, I could drive a tank, I was in charge of million dollar equipment, back here I can’t even hold a job PARKING CARS!” –John Rambo (Sylvester Stallone)
Worrying About Money Is Tough on Wallets and Wrinkles ...
“The kiosks offer affordable and traditional drinks and snacks, conversation and community – and also employment in a country struggling with the staggering levels of unemployment and recession gripping much of western Europe.” NPR
French workers 'pay the most taxes in Europe'
Corbynomics offers hope of a New Deal for low-paid workers
Consumption as a percentage of gdp has increased with inequality
European Parliament Think Tank – Precarious Employment in Europe (Volume 1: Patterns, Trends and Policy Strategies; Volume 2 – Country Case Studies): “This Policy Department A study examines precarious employment, its patterns, trends and policy strategies in Europe.
Uber hired CIA-linked research firm to investigate Seattle union politics The Verge
Last week's issue of The Economist had three letters to the editor on executive compensation that seemed noteworthy:
Regarding executive pay (“Neither rigged nor fair”, June 25th) what harm would come from limiting the pay of chief executives to, say, 40 times that of the average worker? Do we honestly think there would be a tragic exodus of managerial talent? Such limits would help restore workers’ faith in the economic system, which, as Joseph Stiglitz argued in “The Price of Inequality”, would increase productivity. A ratio linked to workers’ pay would also help bosses understand, and even increase, the pay of the rank and file.
PETER COLBY Professor Bainbridge...
The boards of all these organizations are receiving contradictory messages. … On one hand, they’re being told, ‘You have to raise more private money.’ On the other, they’re being told, ‘You need to diversify and elect people who may or may not be able to raise that money.'” The New York Times
Socialism always starts with the same glowing promises, but always winds up like this: Venezuela calls for mandatory labor in farm sector
Chinese Communist Mao didn’t invent class hatred and violence. He had a handy model in the Soviet Union of Lenin, Stalin and their successors. He and his children of his cruel revolutions are even more ambitious ... Nadezhda Mandelstam’s Quote from Hope Against Hope sumarises well my book Cold River:
The alarm should have been sounded a couple of months ago when Chinese commentators began quoting Vladimir Putin, that "if a fight is inevitable, go and fight first".
But warning bells are ringing loudly now after China declared this week Russia will send warships into the disputed South China Sea to conduct joint navy exercises Experts wary about China's new coziness with Russia in the South China Sea
Mao’s Crimes Against Humanity
Prof. Bainbridge on why U.K. Prime Minister Theresa May is off base in proposals to put workers on company boards, tinker with executive pay (related here and here);