labor_standards   25

This Day in Labor History: March 11, 1811 - Lawyers, Guns & Money
On March 11, 1811, the Luddite movement began in Arnold, Nottingham, England, when textile workers destroyed the machines where they worked as a protest against…
Luddites  19thC  labor_history  technology  Industrial_Revolution  unemployment  labor_standards  Evernote  from instapaper
march 2018 by dunnettreader
Eggertsson, Mehrotra, Singh & Summers - A Contagious Malady? Open Economy Dimensions of Secular Stagnation | NBER June 2016
Gauti B. Eggertsson, Neil R. Mehrotra, Sanjay R. Singh, Lawrence H. Summers - Conditions of secular stagnation - low interest rates, below target inflation, and sluggish output growth - characterize much of the global economy. We consider an overlapping generations, open economy model of secular stagnation, and examine the effect of capital flows on the transmission of stagnation. In a world with a low natural rate of interest, greater capital integration transmits recessions across countries as opposed to lower interest rates. In a global secular stagnation, expansionary fiscal policy carries positive spillovers implying gains from coordination, and fiscal policy is self-financing. Expansionary monetary policy, by contrast, is beggar-thy-neighbor with output gains in one country coming at the expense of the other. Similarly, we find that competitiveness policies including structural labor market reforms or neomercantilist trade policies are also beggar-thy-neighbor in a global secular stagnation.
economic_theory  interest_rates  stagnation  economic_growth  OECD_economies  paywall  capital_flows  paper  international_finance  global_economy  contagion  monetary_policy  FX-rate_management  international_political_economy  competition-interstate  fiscal_policy  fiscal_multipliers  trade-policy  Labor_markets  austerity  competiveness-labor  wages  labor_standards 
july 2016 by dunnettreader
Noeleen McIlvenna - The Short Life of Free Georgia: Class and Slavery in the Colonial South | UNC Press
For twenty years in the eighteenth century, Georgia--the last British colony in what became the United States--enjoyed a brief period of free labor, where workers were not enslaved and were paid. The Trustees for the Establishment of the Colony of Georgia created a "Georgia experiment" of philanthropic enterprise and moral reform for poor white workers, though rebellious settlers were more interested in shaking off the British social system of deference to the upper class. Only a few elites in the colony actually desired the slave system, but those men, backed by expansionist South Carolina planters, used the laborers' demands for high wages as examples of societal unrest. Through a campaign of disinformation in London, they argued for slavery, eventually convincing the Trustees to abandon their experiment. In The Short Life of Free Georgia, Noeleen McIlvenna chronicles the years between 1732 and 1752 and challenges the conventional view that Georgia's colonial purpose was based on unworkable assumptions and utopian ideals. Rather, Georgia largely succeeded in its goals--until self-interested parties convinced England that Georgia had failed, leading to the colony's transformation into a replica of slaveholding South Carolina. -- Noeleen McIlvenna is associate professor of history at Wright State University and author of A Very Mutinous People
books  British_history  US_history  British_politics  18thC  1730s  1740s  1750s  Georgia  colonialism  settler_colonies  slavery  labor_history  labor_standards  wages  Tories  Board_of_Trade  Parliament  planters  plantations  agriculture  hierarchy  elites  philanthropy  political_culture  economic_culture  American_colonies 
september 2015 by dunnettreader
Gill A. Pratt - Is a Cambrian Explosion Coming for Robotics? (2015) | AEAweb: Journal of Economic Perspectives, 29(3): 51-60.
Affiliation DARPA - About half a billion years ago, life on earth experienced a short period of very rapid diversification called the "Cambrian Explosion." Many theories have been proposed for the cause of the Cambrian Explosion, one of the most provocative being the evolution of vision, allowing animals to dramatically increase their ability to hunt and find mates. Today, technological developments on several fronts are fomenting a similar explosion in the diversification and applicability of robotics. Many of the base hardware technologies on which robots depend—particularly computing, data storage, and communications—have been improving at exponential growth rates. Two newly blossoming technologies—"Cloud Robotics" and "Deep Learning"—could leverage these base technologies in a virtuous cycle of explosive growth. I examine some key technologies contributing to the present excitement in the robotics field. As with other technological developments, there has been a significant uptick in concerns about the societal implication of robotics and artificial intelligence. Thus, I offer some thoughts about how robotics may affect the economy and some ways to address potential difficulties. -- downloaded pdf to Note
article  technology  technology-adoption  tech-mobile_phones  Tech/Culture  robotics  Labor_markets  labor_standards  labor_law  wages  social_process  change-economic  change-social  government-roles  military-industrial_complex  DARPA  investment-government  AI  IT  cloud  telecommunications  downloaded 
september 2015 by dunnettreader
The Omaha Platform: Launching the Populist Party | History Matters - US History Survey - GMU
Although historians often speak of a “Populist movement” in the 1880s, it wasn’t until 1892 that the People’s or Populist Party was formally organized. The Omaha Platform, adopted by the founding convention of the party on July 4, 1892, set out the basic tenets of the Populist movement. The movement had emerged out of the cooperative crusade organized by the Farmer’s Alliance in the 1880s. The preamble was written by Minnesota lawyer, farmer, politician, and novelist Ignatius Donnelly. Delegates to the convention embraced the platform with great enthusiasm. Many of the specific proposals urged by the Omaha Platform—the graduated income tax, the secret ballot, the direct election of Senators, the eight-hour day—won enactment in the progressive and New Deal eras of the next century. Yet at least one historian has argued that the fundamental cooperative and democratic spirit of the agrarian radicals was lost along the way.
etexts  US_history  19thC  20thC  populism  parties  agrarian_interests  US_politics  reform-political  Progressive_Era  New_Deal  labor_standards  tax_policy  US_constitution  movements-political  democracy  representative_institutions  Gilded_Age  website 
august 2015 by dunnettreader
Tim O'Reilly - The WTF Economy
We need a focused, high-level conversation about the deep ways in which computers and their ilk are transforming how we do business, how we work, and how we live. Just about everyone’s asking WTF? (“What the F***?” but also, more charitably “What’s the future?”) That’s why I’m launching a new event called Next:Economy (What’s The Future of Work?), to be held at the Palace Hotel in San Francisco Nov 12 and 13, 2015. My goal is to shed light on the transformation in the nature of work now being driven by algorithms, big data, robotics, and the on-demand economy.
politics-and-technology  careers  Tech/Culture  labor  global_economy  gig_economy  state-and-technology  Labor_markets  globalization  education-continuing  conference  tech-mobile_phones  Pocket  labor_standards  education-training  from pocket
august 2015 by dunnettreader
Hyun-Sung Khang - Help Wanted -- Finance & Development, June 2015
Pretty balanced discussion of youth labor market problems, challenging the excuses of "skills mismatch" and overly burdensome labor regulations. In the F&D issue downloaded as pdf to Note
article  unemployment  unemployment-youth  skills  Labor_markets  labor_standards  labor_law  education-training  austerity  Eurozone  Eurocrsis  hysterisis  migration  Great_Recession  economic_growth  economic_sociology  downloaded 
july 2015 by dunnettreader
VOX ebook -The Age of Global Value Chains: Maps and Policy Issues | VOX, CEPR’s Policy Portal -July 2015
João Amador, Filippo di Mauro -- Global value chains (GVCs) - referring to the cross-border flows of goods, investment, services, know-how and people associated with international production networks - have transformed the world. Their emergence has resulted in a complete reconfiguration of world trade, bearing a strong impact on the assessment of competitiveness and economic policy. The contributions to this eBook are based on research carried out within the scope of the Eurosystem Competitiveness Research Network (CompNet), bringing together participants from EU national central banks, universities and international organisations interested in competitiveness issues. The mapping of GVCs and full awareness about their implications are essential to informed public debate and improved economic policy.-- downloaded pdf to Note
books  global_economy  cross-border  globalization  supply_chains  global_value_chains  economic_sociology  trade-policy  competitiveness  competition-interstate  manufacturing  transport  transaction_costs  tax_policy  business_practices  business_processes  economic_policy  development  development-impact  labor_standards  Labor_markets  downloaded 
july 2015 by dunnettreader
Leo XIII - Rerum Novarum - ENCYCLICAL ON CAPITAL AND LABOR (1892) | Vatican
Rights and Duties of Capital and Labor -- That the spirit of revolutionary change, which has long been disturbing the nations of the world, should have passed beyond the sphere of politics and made its influence felt in the cognate sphere of practical economics is not surprising. The elements of the conflict now raging are unmistakable, in the vast expansion of industrial pursuits and the marvellous discoveries of science; in the changed relations between masters and workmen; in the enormous fortunes of some few individuals, and the utter poverty of the masses; the increased self reliance and closer mutual combination of the working classes; as also, finally, in the prevailing moral degeneracy. The momentous gravity of the state of things now obtaining fills every mind with painful apprehension; wise men are discussing it; practical men are proposing schemes; popular meetings, legislatures, and rulers of nations are all busied with it - actually there is no question which has taken deeper hold on the public mind. -- downloaded pdf to Note
religious_history  economic_history  19thC  capitalism  Industrial_Revolution  Gilded_Age  labor  labor_history  labor_standards  human_rights  dignity  poverty  political_economy  religious_culture  Catholics  Papacy  social_theory  social_thought  social_problem  social_gospel  working_class  laisser-faire  downloaded 
july 2015 by dunnettreader
Leo E. Strine - A Job Is Not a Hobby: The Judicial Revival of Corporate Paternalism and Its Problematic Implications :: SSRN - Journal of Corporation Law, 2015, Forthcoming (rev'd March 2015)
Supreme Court of Delaware; Harvard Law School; University of Pennsylvania Law School -- This article connects the Supreme Court’s decision in Burwell v. Hobby Lobby to the history of “corporate paternalism.” It details the history of employer efforts to restrict the freedom of employees, and legislative attempts to ensure worker freedom. It also highlights the role of employment in healthcare coverage, and situates the Affordable Care Act’s “minimum essential guarantees” in a historical and global context. The article also discusses how Hobby Lobby combines with the Supreme Court’s earlier decisions in Citizens United and National Federation of Independent Business v. Sebelius to constrain the government’s ability to extend the social safety net, and shows how those decisions put pressure on corporate law itself. -- Note: The article was the subject of lectures to the Securities Regulation Institute of Northwestern University School of Law and the American Constitution Society Student Chapter at Harvard Law School. -- PDF File: 76 -- Keywords: Hobby Lobby; corporate law; corporate paternalism -- right on Leo! -- downloaded pdf to Note
article  SSRN  US_constitution  US_legal_system  corporate_law  corporate_citizenship  corporate_governance  shareholders  freedom_of_conscience  SCOTUS  labor  labor_standards  employers  employee_benefits  welfare_economics  welfare_state  health_care  campaign_finance  downloaded 
july 2015 by dunnettreader
Era Dabla-Norris et al - Causes and Consequences of Income Inequality : A Global Perspective | IMF Research - June 2015
Era Dabla-Norris ; Kalpana Kochhar ; Nujin Suphaphiphat ; Frantisek Ricka ; Evridiki Tsounta -- This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive. (Duh!) -- didn't download
paper  IMF  economic_growth  inequality  OECD_economies  LDCs  emerging_markets  fiscal_policy  labor  labor_standards  supply-side  tax_policy  access_to_finance  poverty  working_class  middle_class  trickle-down 
july 2015 by dunnettreader
Olaf Merk - The Impact of Mega-Ships | OECD Insights Blog - June 2015
Ports and Shipping, International Transport Forum (ITF) at the OECD. -- A new publication by the ITF assesses the impacts of these giant container ships. -- Our research casts serious doubts over whether this capacity can in fact be filled. We found a disconnect between what is going on in the boardrooms of shipping lines and the real world. -- There are also several supply chain costs and risks related to mega-ships. There are adaptations needed to infrastructure and equipment: ...cranes, quays, access channels... Mega-ships stay on average 20% longer in ports – ... this requires massive efforts to accommodate these longer-stay guests. The higher risks associated with mega-ships are linked to difficulties in insuring and salvaging ... (..)more cargo is concentrated on a single ship, leading to lower service frequencies and lower supply chain resilience (..) decision-making by ports and countries should be more balanced. Many public policies stimulate mega-ship use, but public benefits are limited whereas public costs can be high. This should change, first by aligning incentives to public interests. For example, not to have port tariffs that cross-subsidise mega-ships, to clarify state aid rules for ports, increase their financial transparency and possibly link state aid for shipping companies to commitments to share in certain costs (e.g. dredging). Another way would be to increase collaboration at regional level, between countries, ports and regulators. This might include coordination of port development and investment, possibly port mergers and more national or supra-national planning and focus. -- didn't download
report  OECD  global_economy  transport  maritime_issues  shipping  ports  infrastructure  supply_chains  risk_management  insurance  trade-policy  globalization  regional_blocs  regulation-harmonization  labor_standards 
july 2015 by dunnettreader
Felix Salmon - Uber for benefits: An idea that could transform America’s economy
http://fusion.net/story/156255/uber-for-benefits-an-idea-which-could-transform-americas-economy/ -- picjs up proposal from recent Democracy Journal - a sort of micropayments and portable benefits account system - though couldn't have every job with a different bargain for health insurance, retirement savings, vacation, sick leave, parental time etc without a central benefits minimum schedule and central accounts management -' and if have private firms compete for signing up individuals, who's going to guarantee they won't go bankrupt, or wind up with Chilean style system where a big surplus cut from individuals to pay for sales expenses, etc.
Instapaper  Labor_markets  labor_standards  pensions  health_care  sharing_economy  employers  work-life_balance  welfare_state  employee_benefits  from instapaper
june 2015 by dunnettreader
Ravi Kanbur, Michael Keen - Rethinking informality | VOX, CEPR’s Policy Portal - 05 June 2015
The ‘informal’ economy presents a key challenge for developing-nation policymakers due to its labour-market and tax-revenue implications. Informality is usually defined as the complement to formality, i.e. any activity that isn’t covered by a clear set of laws. This column argues that such a definition risks obscuring more than it reveals, by failing to understand and address the varieties of informality that exist. Sensible policy should focus on tailored interventions across different categories of taxpayer, not on reducing aggregate informality. -- nice way of looking at policy objectives - it's not just revenue collection, there's interactions with other types of regulation - they highlight labor laws, but lots of the "doing business" projects uncover many other regulatory compliance issues in developing countries that would interact as well
Instapaper  paper  development  regulation  regulation-enforcement  regulation-costs  informal_sectors  Labor_markets  labor_law  labor_standards  tax_policy  tax_collection  SMEs  micro-enterprises  doing_business 
june 2015 by dunnettreader
Tom Walker - EconoSpeak: The Hours of Labour and the Problem of Social Cost - Jan 2015
Coase argued that the suggested courses of action in the Pigovian tradition – liability, taxation or regulation – were inappropriate and often undesirable.(..) However, Coase didn't consider the full range of Pigou's examples and analysis. While Coase’s restatement of the problem may have been appropriate to the specific externality problems discussed by Pigou in part II, it entirely overlooked the radically different labour market problem encountered in part III, in which competitive pressure compels an employing firm to inflict harm on both itself and its employees and thus regulatory restraint of the firm (and competing employers) may benefit both. -- downloaded pdf to Note
paper  economic_theory  economic_sociology  intellectual_history  welfare_economics  institutional_economics  Coase  markets  markets-structure  property_rights  transaction_costs  externalities  competition  Labor_markets  social_costs  cost-benefit  regulation-costs  collective_action  common_good  efficiency  labor_law  wages  labor_standards  downloaded  EF-add 
january 2015 by dunnettreader

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