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Emerging Trends-What Can We Do About Persistent, Widespread Unemployment or Underemployment?

The American Middle Class Is No Longer the World’s Richest

By David Leonhardt and Kevin Quealy NYTimes APRIL 22, 2014 The American middle class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are outpacing many of their global peers, a New York Times analysis shows that across the lower- and middle-income tiers, citizens of other advanced countries have […]

Innovation, Optimism and Jobs

Joe Nocera FEB. 14, 2014 NYTimes Is digital technology destroying middle-class jobs? Does it exacerbate income inequality? Does it boost economic growth and productivity — without creating the jobs that ought to come with economic growth? Last month I gave space to a book titled “Who Owns the Future?” by the computer scientist Jaron Lanier. […]

Capitalism vs. Democracy

JAN. 28, 2014 Thomas B. Edsall NYTimes Thomas Piketty’s new book, “Capital in the Twenty-First Century,” described by one French newspaper as a “a political and theoretical bulldozer,” defies left and right orthodoxy by arguing that worsening inequality is an inevitable outcome of free market capitalism. Piketty, a professor at the Paris School of Economics, […]

The Populist Imperative

JAN. 23, 2014 Paul Krugman NYTimes “The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.” John Maynard Keynes wrote that in 1936, but it applies to our own time, too. And, in a better world, […]

‘Report card’ says US economy is failing | Futurity

Posted by Clifton B. Parker-Stanford on January 20, 2014 Futurity A new report highlights the implications of rising poverty, job loss, and greater inequality in America. The social safety net has performed admirably, but is struggling to meet rising poverty and needs. It gets a mixed grade, while the economy gets an “F” for failing […]

Will Digital Networks Ruin Us?

By JOE NOCERA Published: January 6, 2014 NYTimes The most important book I read in 2013 was Jaron Lanier’s “Who Owns the Future?” Though it was published in May, I came to it late in the year. But this turned out to be fortuitous timing. With unemployment seemingly stalled out at around 7 percent in […]

Inequality for Dummies – NYTimes.com

By BILL KELLER Published: December 22, 2013 NYTimes Inequality is in. The president, you have probably heard, has declared income inequality to be “the defining challenge of our time.” (Except he didn’t quite, but we’ll get to that.) Politicians, pundits and activists on the left have seized on the president’s words, along with the rising […]

Should the Government Pay Everyone a Basic Income?

by STEVEN MAZIE NOVEMBER 20, 2013, 5:18 PM Big Think In 2014, voters in Switzerland will decide whether their country should send a monthly check for $2,800 to every Swiss citizen and legal resident. This idea may never fly in the United States, but that hasn’t stopped advocates of an Unconditional Basic Income (UBI) from […]

Big Data Is Changing Your World

21 November 2013 ISN ETH Zurich Banning Garrett for Atlantic Council ‘Big data’ has the potential to transform lives and how we do business. Banning Garrett warns that it will also compromise our privacy and security. That’s why governments must play a leading role in shaping the rules and guidelines that will guide the use […]

Under My Thumb

By TIMOTHY EGAN Published: November 14, 2013 NYTimes SEATTLE — This is how the middle class dies, not with a bang, but a forced squeeze. After a global corporation posts record profits, it asks the state that has long nurtured its growth for the nation’s biggest single tax break, and then tells the people who […]