This and that for your Labour Day reading. – Jared Bernstein writes about the fight for fair wages in the U.S. fast food and retail industries. And Karen McVeigh notes that political decision-makers are starting to try to get in front of the parade of workers seeking a reasonable standard
Continue readingTag: Joseph Stiglitz
Accidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Joseph Stiglitz comments on the wider lessons we should take from Detroit’s bankruptcy: Detroit’s travails arise in part from a distinctive aspect of America’s divided economy and society. As the sociologists Sean F. Reardon and Kendra Bischoff have pointed out, our country is
Continue readingAccidental Deliberations: Monday Morning Links
Miscellaneous material to start your week. – Murray Dobbin writes about the crisis of extreme capitalism: (T)he “free economy” romanticized by Friedman and his ilk is anything but. Completely dominated by giant corporations whose wealth outstrips all but the richest nations, economic freedom does not exist for anyone else, including
Continue readingAccidental Deliberations: Saturday Afternoon Links
Assorted content for your weekend reading. – Joseph Stiglitz makes the case for free trade talks to be based on the public interest rather than the further entrenchment of corporate power and siphoning of wealth to the top. But there’s little reason to expect a meeting of corporate and government
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading… – Joseph Stiglitz discusses the abuse of intellectual property law to turn publicly-funded research into privately-held profit centres (no matter how many people die as a result): (A) Utah-based company, Myriad Genetics, claims more than that. It claims to own the rights to
Continue readingAccidental Deliberations: Saturday Morning Links
Assorted content for your weekend reading. – Thomas Walkom offers an insider’s look at outsourcing: Arlene says any outsourcing scheme begins with the institution’s senior management. Usually, she says, the aim is to transfer about 60 per cent of the affected jobs — often in back-shop areas like information technology
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading. – Joseph Stiglitz discusses how the combination of increasingly concentrated wealth and deteriorating has eliminated any pretense of equal opportunity within the U.S.: It’s not that social mobility is impossible, but that the upwardly mobile American is becoming a statistical oddity. According to
Continue readingAlex's Blog: The Age of Austerity
Notes: Keynote talk, CCPA Post-Austerity session, Toronto, January 9, 2013 We are living in the “Age of Austerity” or at least so says David Cameron, the UK’s Prime Minister. He made this announcement in 2009 at the Conservative convention just before becoming prime minister. This meant, he explained, that he
Continue readingAlex's Blog: The Age of Austerity
Notes: Keynote talk, CCPA Post-Austerity session, Toronto, January 9, 2013 We are living in the “Age of Austerity” or at least so says David Cameron, the UK’s Prime Minister. He made this announcement in 2009 at the Conservative convention just before becoming prime minister. This meant, he explained, that he
Continue readingAccidental Deliberations: Sunday Morning Links
Assorted content for your Sunday reading. – Joseph Stiglitz discusses how the U.S.’ extreme inequality is limiting its prospects for economic recovery: There are all kinds of excuses for inequality. Some say it’s beyond our control, pointing to market forces like globalization, trade liberalization, the technological revolution, the “rise of
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that to start the new year. – Lynn Stuart Parramore discusses the dangers of needless means-testing for basic social benefits: When I spoke to Joseph Stiglitz, he discussed the idea that “means-testing is mean.” Programs like Medicare and Social Security, he explained, are matters of political economy. They
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading. – Don Lenihan responds to Allan Gregg’s recent critique of Canadian politics, featuring this on the connection that ought to exist between ideology and policy: First, the fact that a policy is based on ideological conviction does not mean it is opposed to
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading. – While a misleading “wealth equals health” headline seems to have been the main take-away from the CMA’s health polling, Iglika Ivanova frames the issue more accurately in pointing out that the non-wealth determinants of health are the areas where Canada has far
Continue readingAccidental Deliberations: Monday Morning Links
Miscellaneous material to start your week. – Joe Stiglitz discusses the link between increased inequality and the U.S.’ economic frailty: Any solution to today’s problems requires addressing the economy’s underlying weakness: a deficiency in aggregate demand. Firms won’t invest if there is no demand for their products. And one of
Continue readingDead Wild Roses: Joseph Stiglitz – On Redistribution of Wealth
From a great interview on Alter.net – “LP: Some say that if we redistribute income in a more equitable way, people won’t want to work as hard. Is that true? What happens to our motivation to work when things are so inequitable? JS: One of the myths that I try
Continue readingAccidental Deliberations: Friday Morning Links
Assorted content to end your week. – Miles Corak comments on how inequality undercuts social mobility. And Joseph Stiglitz highlights the fact that the vast majority of people hold a strong interest in not having their path to a secure and successful life blocked by a wall of upper-class money.
Continue readingNorthern Insight: Austerity and recession, invariably linked
UK is back in recession, OECD says, Phillip Inman, The Guardian, March 29, 2012 “The UK is heading back into recession and will be among the slowest of the world’s largest economies to recover in the first half of this year, according to a study by the Paris-based thinktank, the
Continue readingAlex's Blog: The Price Of Austerity
Austerity, we have been told repeatedly by pundits and political leaders, is the defining issue in these uncertain times, the solution to our economic challenges. We have been given fair warning that the next federal budget will be first about cuts – cuts to government even as we continue to
Continue readingAccidental Deliberations: Saturday Afternoon Links
This and that for your weekend reading. – Thomas Walkom tries to be optimistic about the year ahead, and likely settles on the best reason for hope that Canada’s politics will see some change for the better: Canada, like Australia and Brazil, is getting by on sales of raw materials
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading.- J. David Hulchanski identifies the most important common theme within the Occupy movement:One thing the “Occupy” movement does not lack is a clear message: the system is broken and the folks who broke it ar…
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