Old economists can teach us new tricks Financial Times
Uber’s Path of Destruction Hubert Horan, American Affairs Journal
How Neoliberalism & Privatization are Driving our Crises, from Guatemala to Moscow Juan Cole
Prague Second Spring ...
Slovaks consider the US a bigger threat than russia
Construction union trio snared in Sydney cocaine bust - Sydney Morning Herald
Mike West on Economic Data
LONG LIVE ROCK: One lesson from the Met exhibit is that rock matters — or at least that it mattered.
The instruments of Bruce Springsteen, Jimmy Page, Pete Townshend, the Edge, Keith Richards, Paul McCartney, Eric Clapton, and many other rock musicians make for a thrilling collection (running through October 1) that has drawn upwards of 200,000 visitors to the Met. Curators were expecting the crowd to consist mainly of Baby Boomers but have been pleasantly surprised by the enthusiasm shown by young adults, teens, and even children. As I was departing on Wednesday, the galleries were filling with fascinated high-school students. None of them were looking at their phones. Rock is not dead.The power of the display hits you straight away, as forcefully as the opening chords of Chuck Berry’s “Johnny B. Goode.” The guitar upon which Berry played them serves as the introduction to the exhibition, mounted on a plinth that cheekily refers to the similar ones upon which the facing Roman statues rest in the adjacent hall. Berry, Elvis Presley, Jimi Hendrix: contemporary analogues for the Roman gods.
Read the whole thing, which is certainly worth a visit if you’re headed to the Big Apple. I reviewed the Met’s exhibit in April, accompanied with plenty of photos, at the PJ Lifestyle section: The Met ‘Plays It Loud.’
ADP Research Institute – 2019 State of the Workforce Report – “The first annual State of the Workforce Report provides decision makers with organizational benchmarks to compare against their own internal HR statistics. Employers and decision makers can gain a better understanding of the hierarchical structure of organizations, pay levels, how pay and promotions are connected and how employers retain workers throughout their organizations.
- Males and females show significant disparities across pay and organizational hierarchies – Gender differences across hierarchy levels show that the proportion of women in senior level positions is significantly lower than that of men. This pattern was evident across all industries and intensifies up the corporate ladder. A “glass ceiling” was evident at the 4th hierarchy level which showed the steepest decline in the representation of women across the levels….
- A comparison of promotion rates over a one-year period against the proportion of new hires reveals that firms are more confident in promoting from within versus hiring externally for management positions. At the supervisory levels, firms promoted more internally than they hired externally—17.2 percent of managers are promoted, while 15.6 percent are new hires. The disparity becomes even more apparent at the highest rankings within an organization, where 21.5 percent were internally promoted and only 12.5 percent were new hires…”
