Politics and Economics

Great news for champions of sustainable, ethical behavior

Wherever you live, and wherever you stand on the political spectrum, you probably believe that a significant share of the political elite in your country is irredeemably corrupt and unethical. And wherever you work, it is also likely that you know some senior leaders who do a poor job of conveying tone at the top

2018-09-12T13:59:51+00:00 Tags: |

House hopes to tame student loan crisis with financial literacy bill

The House next week will try to fend off a growing pile of student loan debt — now at $1.4 trillion — by passing legislation requiring families to learn more about what it means to borrow tens of thousands of dollars for college. Republicans have scheduled a vote on legislation from Reps. Brett Guthrie, R-Ky.,

Sen. Elizabeth Warren & Republicans Unite Around ‘Accountable Capitalism’

In an opinion piece in today’s print edition of the Wall Street Journal titled “Companies Shouldn’t Be Accountable Only to Shareholders,” Sen. Elizabeth Warren announced that she will introduce legislation called the Accountable Capitalism Act to require all corporations with more than $1 billion in revenue to become federally chartered and adopt a new model of corporate

Economic inequality, politics, and capital

Economic inequality and campaign finance are two of the hottest topics in America today. Unfortunately, the topics are typically discussed separately, but they are actually intertwined. The rise of US economic inequality that economist Thomas Piketty chronicles in his renowned book Capital in the Twenty-First Century – starting in the late 1970s and continuing through today –

Information inequality makes voters vulnerable to manipulation

The media industry is unique in its ability to spread information that may influence the democratic process. There is ample evidence that news coverage influences voting and policy-making, and this issue has become even more prominent after the controversy over the role of ‘fake news’ in the 2016 US presidential election. A powerful defence against

Watch: Ruth Bader Ginsburg – documentary RBG

Ruth Bader Ginsburg has spent a lifetime fighting for gender equality, but in a recent interview the 84-year-old supreme court justice made clear she sees the fight as unfinished business. When asked at the Sundance Film Festival for her thoughts on the nascent #MeToo movement, she was unequivocal with her praise: “It’s about time,” Ginsburg

Investing in Poverty Reduction

The tax legislation that US President Donald Trump signed into law last December will dramatically increase inequality and the federal budget deficit. Yet, hidden within it – and within budget legislation enacted in February – are two promising programs for helping state and local governments address the needs of disadvantaged Americans. The new tax law creates generous incentives to

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: , |