Politics and Economics

Making Poverty History Is The Best Job In Government

Poor old Penny Mordaunt, says Ian Birrell in The Times. He seems to think that she’s got the worst job in government but I disagree. While other new Cabinet Ministers struggle with crises they inherit from their predecessor, she’s been given a political and policy platform to secure her own place in history. On Channel 4 News

Silicon Valley VC to unite liberals and conservatives over basic income

Sam Altman, the president of Silicon Valley's most prestigious startup accelerator, Y Combinator, is one of the leading voices in Silicon Valley calling for a radical economic idea called basic income. The idea is meant to lift people from poverty by affording them a supplemental, no-strings-attached income on a regular basis. Many proponents have given their

Global migration’s impact and opportunity

Migration is a key feature of our increasingly interconnected world. It has also become a flashpoint for debate in many countries, which underscores the importance of understanding the patterns of global migration and the economic impact that is created when people move across the world’s borders. A new report from the McKinsey Global Institute (MGI), People on the

The U.S. Ranks #37 For Life Expectancy

For this end-of-year post leading into 2018, I choose to address the big topic of how long we live in America, and what underpins the sobering fact that life expectancy is falling. Life expectancy in the United States declined to 78.6 years in 2016, placing America at number 37 on the list of 137 countries

Is another debt crisis on the way?

Economic growth is accelerating across most of the world. Yet the world’s total gross debt-to-GDP ratio has reached nearly 250 percent, up from 210 percent before the global economic crisis nearly a decade ago, despite post-crisis efforts by regulators in many important economies to drive the banking sector to deleverage. This has raised doubts about the sustainability

The Republican tax bill will exacerbate income inequality in America

America’s rich have gotten richer for decades, while the middle class and poor have seen meager gains. Since the mid-20th century, the top 1 percent have more than doubled their share of the nation’s income, from less than 10 percent to more than 20 percent. Donald Trump said he was going fix it — that he would represent the

The Republicans’ new tax plan will increase inequality. That’s bad for democracy.

This week, the Senate Republicans unveiled a tax plan that would increase inequality in the United States. Don't take my word for it: The nonpartisan Tax Policy Center has found that "the largest benefits, in dollar and percentage terms, would go to the highest-income households." Wealthy shareholders and corporate executives stand to reap outsize benefits, as do men and women who

Trump Vs. America’s Children: Child Poverty In America Is Indefensible

The state of poverty in the United States, particularly among children, is abhorrent. It puts America, the richest and most powerful country in the world, in a shameful light. Successive U.S. administrations are guilty of immense negligence toward poor children. They have inflicted incalculable damage to millions who continue to suffer. This causes a tremendous

Voting vulnerability

or as little as a few thousand dollars, online attackers can purchase enough personal information to perhaps alter voter registration information in as many as 35 states and the District of Columbia, according to a new Harvard study. Dubbed “voter identity theft” by study authors Latanya Sweeney, professor of government and technology in residence, research

2017-09-13T07:55:50+00:00 Tags: |

Study: a universal basic income would grow the economy

A universal basic income could make the US economy trillions of dollars larger, permanently, according to a new study by the left-leaning Roosevelt Institute. Basic income, a proposal in which every American would be given a basic stipend from the government no strings attached, is often brought up as a potential solution to widespread automation reducing

Why Globalcreate?

  From Trump pushing to change NAFTA, to the British electorate and their hobbling Brexit, to the tide of Islamophobia across the West, there’s one underlying commonality. The thread linking these diverse phenomena is a fear of losing one’s way of life to globalization. We are the most globalized generation in history, and every day we are

2017-05-22T04:08:45+00:00 Tags: , |

On Food Waste, The US Could Learn a Lot from Europe

Some countries are addressing food waste better than others. In many ways Europe leads the way, and the U.S. should pay attention. The U.S. tosses a staggering $161 billion worth of food every year. While numerous efforts are underway to address that problem, they are taking place mostly at the local level or in the

America has a water crisis no one is talking about

Access to clean water is a basic human right. Yet for 14 million US households, or 12 percent of homes, water bills are too expensive. And as the cost of water rises, even more Americans are at risk of not being able to pay their monthly water bill. According to a paper from researchers at

China’s Emerging Role in Social Innovation for Global Good

Remember when China was viewed in many parts of the world with alarm and suspicion? Back then, China—ruthless, relentless, rapacious—was a trade bully, currency manipulator, and a threat to international security through its belligerent posture in the South China Sea. In Africa, it was looting poor countries of their natural resources under the guise of

2017-05-10T11:51:18+00:00 Tags: , |

Imagine Decentralized Leadership And A Leader Everyone Liked

After we’ve been through a presidential race during which each major party candidate employed battlefield-type management, many of us grew weary? Now, we have a president who, no matter which side you’re on, we know is going to manage in domineering ways. Imagine, for a moment, what it would feel like to be part of

2017-04-20T14:12:06+00:00 Tags: , , |

Capitalism Will Shrink Inequality. In Fact, It’s Happening.

Does capitalist economic growth lead to greater inequality, or less? The mid-20th-century economist Simon Kuznets believed that at first, industrialization would lead to greater inequality as a few pioneering entrepreneurs and workers moved to the cities where the growth was happening. But as rural areas emptied out and the economy matured, he said, inequality would

2017-03-27T05:04:24+00:00 Tags: , |

Do environmental regulations reduce employment? Not really.

There is no consistent evidence that environmental regulations cause long-term changes in overall employment. In a recent speech,  President Donald Trump made reference, as he often does, to regulations that have killed American jobs. This is an oft-used argument on the right — so common, in fact, that it is now taken as a kind

Development Aid – Why Not Participate When It Is Win-Win?

Immediately following World War II, the United States set out on an ambitious plan to help develop the war-torn European nations. In what became known as the Marshall Plan, named after the Secretary of State, George Marshall, the plan aimed to reduce poverty and suffering. During its implementation between 1948 and 1952, Europe saw the

2017-02-24T02:52:47+00:00 Tags: , , |