asterisk2a + higher   54

Many graduates earn 'paltry returns' for their degree - BBC News
#shambles // between a fifth and a third of graduates take non-graduate jobs, and that any extra returns for having a degree "vary wildly". // got to uni or get fucked by life - aka Precariat poverty trap tl;dr // nothing in between not step ladder! nothing technical. also no assistance, was cut by Tories //
UK  University  College  degree  higher  education  policy  student  debt  loan  disposable  income  discretionary  spending  growth  Privatisation  Tony  Blair  meritocracy  meritocratic  social  mobility  Austerity  Productivity  Services  economy  output  gap  potential  Precariat  working  poor  poverty  trap  Brexit  JAM 
february 2018 by asterisk2a
Künstliche Intelligenz: Ökonomen lehnen Robotersteuer ab - DIE WELT
Mit einer Robotersteuer wollen manche die Maschinen menschlichen Arbeitnehmern gleichstellen. Ökonomen halten die Idee für einen Irrweg. Der technische Fortschritt lasse sich nicht aufhalten.
technological  unemployment  Robotics  automation  winner  take  all  globalisation  globalization  multinational  free  trade  free  trade  agreement  conglomerate  tax  evasion  tax  avoidance  crony  capitalism  capitalism  in  crisis  marginal  cost  Jeremy  Rifkin  Paul  Mason  post-capitalism  Higher  Education  Universal  Basic  Income  Grundeinkommen  structural  unemployment  long-term  unemployment 
july 2016 by asterisk2a
The Incredible Shrinking Middle Class - YouTube
Canada: Generation Jobless - https://youtu.be/4UUuMWqA8eE - "The Plight of Younger Workers" (Report).& underemployed graduates w fancy sounding degrees. [...] EDUCATION INFLATION! [...] an education does no more guarantee a comfortable middle class jobs, and parents are disappointed. [...] globalisation of workforce plus automation, robotics, AI, augmented intelligence. the new GM's and Toyota's and DuPonts need less and less workers to catch ever greater pies of the current and future economy. [...] rise of the project focused self-employed and the Gig Economy. //&! (USA) Invisible Reality; The Working Poor - youtu.be/806PSngTKgg //&! FULL STORY: Generation Poor - youtu.be/lB4w8MQPdEE //&! FULL STORY: The Labour Trap - youtu.be/cHBo3LgXUPA - precarious work is now more and more the norm. as well as exploitation of those conditions.
squeezed  middle  class  working  poor  Precariat  precarious  employment  precarious  work  Zero  Hour  Contract  part-time  part-time  employment  underemployed  underemployment  structural  unemployment  overqualified  overqualification  social  mobility  income  mobility  western  world  USA  secular  stagnation  GFC  economic  history  Student  Loan  Bubble  debt  loans  youth  unemployment  demographic  ageing  population  Canada  OECD  low  pay  globalisation  emerging  middle  class  automation  Robotics  Robots  AI  artificial  intelligence  augmented  intelligence  self-driving  cars  autonomous  car  autonomous  cars  linkedin  IBM  Microsoft  Facebook  Instagram  WhatsApp  Oracle  Google  temporary  work  babyboomers  Baby  Boomers  self-employment  Gig  Economy  1099  Economy  Higher  Education  internship  apprenticeship  apprenticeships  exploitation  profit  maximisation  profit  maximization  shareholder  value  capitalism 
june 2016 by asterisk2a
More jobs paying below living wage - BBC News
'Prevalent' low pay The ONS figures show that the proportion of jobs paying below the living wage has grown. In 2014, young adults were most likely to be paid less than the living wage. Some 58% of jobs carried out by 18 to 24-year-olds outside of London and 48% of jobs in this age group in London were paid less than the living wage. In accommodation and food services in 2014, an estimated 65% of jobs paid less than the living wage in London and 70% in the rest of the UK. Northern Ireland had 29% of jobs paying below the living wage, the highest in the country. At the other end of the scale, 19% of jobs in the South East of England, London and Scotland paid below the living wage. [...] "These figures demonstrate that while the economy may be recovering as a whole, there is a real problem with ensuring everyone benefits, and low pay in still prevalent in Britain today."
Niedriglohnsektor  job  creation  job  market  Lohnzurückhaltung  lohndumping  low  income  Service  Sector  Jobs  working  poor  precarious  work  Precariat  Zero  Hour  Contract  Contractor  self-employment  labour  market  labour  economics  recovery  UK  disposable  income  discretionary  spending  job  security  poverty  trap  child  poverty  food  poverty  poverty  Gini  coefficient  social  mobility  income  mobility  income  distribution  income  inequality  income  redistribution  budget2015  child  tax  credit  tax  credit  working  tax  credit  tax  free  income  minimum  wage  living  wage  Education  Maintenance  Allowance  Student  Maintenance  Grant  Higher  Education  policy  post  code  lottery  vocational  professional  career  ladder  austerity  George  Osborne  2015  dogma  ideology  Tories  neoliberalism  neoliberal  Conservative  Party  PR  spin  doctor  reframing  framing  Positioning  David  Cameron  Iain  Duncan  Smith  DWP 
october 2015 by asterisk2a
The real victims of increased tuition fees? The old
Applications from 18-year-olds are on the rise, including from Britain's poorest families. But part-time and mature students are being deterred. [...] George Osborne talks of his vision of moving to a “higher wage economy”. But while improvement in skills are necessary to lifting productivity, wages and boosting growth, adults are being put off investing in their education. The consequences are particularly deleterious for those from disadvantaged backgrounds, who are more likely to apply to university later and on a part-time basis; the unattractiveness of part-time courses thus imperils social mobility. [...] The fees system for mature and part-time students is putting too many off developing the skills they need for the UK to thrive. [ at least fund a scheme for public-private partnership w companies to chip in ~30% of the cost for their employees ]
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july 2015 by asterisk2a
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
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july 2015 by asterisk2a
The escape from the balance sheet recession and the QE trap: An interview with Richard Koo - YouTube
"deflationary" is a symptom of balance sheet recession, deleveraging, debtoverhang ... of the private sector, corporate sector (& public gov sector) (to repair balance sheet). inflation of price of goods 2 live is still existent. you cant eat laptops. inflation is still present. actions of private sector, corporate sector to repair balance sheet (and even public sector, all three together) is deflationary. // UK! interesting is that consumer still borrows ie via credit card and mortgages. // question is how long UK can run such a big current account deficit. somebody has to pay for it, if not the gov with debt, then it has to be the private sector. as long as it can serve debt payments, as long as it has wage growth (increase of productivity, closing of output gap). But job creation during recovery was mostly Service Sector Jobs & self-employment. Not added value STEM. // corporate sector will not, in the long-run, pay for current account deficit w debt. &! youtu.be/EhYvaMc3f44
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july 2015 by asterisk2a
Davos 2015: Nouriel Roubini says Income Inequality Creates U.S. Plutocracy - YouTube
- shown hurting growth. US growth is dependent on consumer spending. stupid. hacking off the only leg one has is not smart. // established economic truth ! Paul Krugman: Inequality Actually Bad for Growth - youtu.be/cRMi8_M681U &! Paul Krugman & Tony Atkinson in Conversation | Inequality and Economic Growth - youtu.be/3l6E3mUNW70 &! &! What's Really Driving Income Inequality: Orszag - youtu.be/XJ_raBX7oq8 ( only added value jobs STEM - pays for work and shows wage growth, not so in service sector jobs. UK recovery showed it; lots of service sector job creation than any other type of job + Lohnzurueckhalting (no leverage to demand higher wage than just minimum wage or little above bc outside the door waits the one who will replace you) = no wage growth in the first couple of years of recovery and no productivity growth and persistent output gap (below potential) )
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july 2015 by asterisk2a
UK's inflation rate falls to 0% - BBC News
bit.ly/1IXuomp >> Carney: Current account deficit is a risk highlighted by FPC. UK is relying on the kindness of strangers to finance current account deficit. Household borrowing isn't driving the deficit Tighter fiscal policy is needed. Tighter macroeconomic policy is needed also. Deficit highlights importance of maintaining the attractiveness of the UK for foreign investment // &! bit.ly/1I07olT - BOE's Miles doesn't see secular stagnation in the UK [...] Carney - Health of the financial system is likely to boost productivity [really?] [...] McCafferty: Low income jobs have kept productivity low &! bit.ly/1JfaSxr - Bank is looking at the household sensitivity to rate rises [ mortgage bubble will prevent BOE to raise rates faster as demand stokes as more disposable income is spend on serving interest payments thus depressing GDP growth bc 70% of it is consumer spending ] &! bit.ly/1HtySg1
current  account  deficit  UK  Mark  Carney  austerity  fairness  sovereign  debt  crisis  ZIRP  NIRP  QE  unintended  consequences  unknown  unkown  asset  bubble  equity  bubble  property  bubble  George  Osborne  productivity  output  gap  industrial  policy  STEM  Higher  Education  added  value  fiscal  policy  Public  infrastructure  investment  recovery  economic  history  competitiveness  competitive  globalisation  globalization  flat  world  borderless  deflationary  deflation  secular  stagnation  zombie  banks  Service  Sector  Jobs  job  creation  job  market  labour  market  labour  economics  skills  gap  policy  vocational  working  poor  precarious  work  Precariat  squeezed  middle  class  Zero  Hour  Contract  Contractor  disposable  income  discretionary  spending  household  debt  Niedriglohn  Niedriglohnsektor  underemployed  self-employment  employability  part-time  mortgage  market  BOE  2015  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Manufacturing  fiscal  stimulus  Taper  USA  negative  real  interest  rate  interestrate  debt  servicing  interest  payment  consumer  debt 
july 2015 by asterisk2a
Who Will Pay? Austerity vs. Bailouts | Greece, Europe and The Euro! - YouTube
have to be held accountable >> bankers! but have not, just transfered private debt/losses onto public balance sheet which no has to paid down by the weakest of society and collectively by less public investment for the future (output gap/lower productivity) ie into infrastructure and education // stealing from the young // policy making by comfort and trinkets - George Osborne // moral hazard - the options they choose - paulson geithner summers and co made the tbtf and jail even worse! instead should have chosen partial privatization // sold off our future for keeping the gangsters "private" - get out of jail free card for what reason? because it would be not American? American means to be WALL STREET crony capitalistic greed with tax evasion and lobbying to the tunes of millions - your judge - that judges on you whether you get a free out of jail card?! // who will suffer in the end? the public and the weakest of society and unborn! period. long-term. // &! youtu.be/EmHYeGI0b_U
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july 2015 by asterisk2a
Employers warn of 'skills emergency' - BBC News
More than half of employers fear they will not be able to recruit enough high-skilled workers, according to a survey by the CBI. The employers' organisation is warning that a skills shortage is "threatening to starve economic growth". [...] "The government has set out its stall to create a high-skilled economy, but firms are facing a skills emergency now, threatening to starve economic growth," said Ms Hall. "Worryingly, it's those high-growth, high-value sectors with the most potential which are the ones under most pressure. That includes construction, manufacturing, science, engineering and technology. [...] The survey also highlighted concerns about the need for better careers advice to help young people understand more about the jobs likely to be available. [ &! scrapping GCSEs ! ] // education cost in UK are disenfranchising those who can not afford and are put off by the debt burden they will have to server // &! bit.ly/1IUkBxo
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july 2015 by asterisk2a
BBC iPlayer - Newsnight - 08/07/2015
"Comprehensive analysis of the Budget with Evan Davis and guests." // During the election David Cameron said child tax credit/benefit was off the list of welfare spending cuts. - broken election campaign promise // --- SHOULD BE (Labour Party Policy for next election):: make work pay and eliminate child poverty AND help people (everyone) w education and support to find better and more gainful work that lift them and the economy by producing added value products. // no path to higher wages, no path to higher productivity, no path to added value British Products export increase (manufacturing, research, STEM, ...) // low wage jobs have no to very little economic multiplier ... take into account tax credits etc and it is net-negative for state and the council //
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july 2015 by asterisk2a
George Kerevan: A merciless attack on the poor ... to the sound of cheers | Comment | The National
What about the cut to Corporation Tax, to 18 per cent? UK firms currently sit on £550bn in cash reserves which they have little inclination to spend, other than to buy back their shares. Cutting their taxes will only swell this useless cash mountain, not lead to more investment. Indeed, the independent Office for Budget Responsibility, in papers published with the Budget, forecasts Britain’s current account deficit on trade will worsen in the next five years – a sure sign of failing productivity and competitiveness. The Tories cheered George Osborne to the rafters yesterday but just wait until the economic roof falls in when American interest rates rise and Britain’s bubble economy has to face the real world.
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july 2015 by asterisk2a
Osborne's Budget: ‘High priest of an austerity cult’ | Politics | The National
At its heart was a commitment to cut the deficit and bring the country in surplus by 2020. Osborne will achieve that partly through cuts to government spending, partly through new tax avoidance measures and substantially with hefty cuts to welfare. // &! John Swinney: The National Living Wage hides an attack on people in low-wage jobs -bit.ly/1CrSapj &! Equality: This Budget continues the project which impoverishes women - bit.ly/1D3dxrX - women make up ~70-77% of recipients of tax credit! &! tax credit essential for families on low income to top up to afford "living" [...] The Scottish Federation of Housing Associations is wholeheartedly against the removal of the automatic entitlement to Housing Benefit for 18 to 21-year-olds. This will have an adverse affect on the life chances and employment prospects of the 28,000 plus claimants in this group – over half of whom have young families of their own – as it could, for many, put their homes at risk. bit.ly/1LYCgWA &! bit.ly/1D3egtb
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july 2015 by asterisk2a
Budget 2015: Student maintenance grants scrapped - BBC News
USA STYLE, no free education (~ we are all in it together, everyone is a stakeholder and pitches in, companies, people, pensioners, - to raise the added value one produces within an economy, over time - not so in USA, UK vs Germany - where people cry out loud that not enough qualified people exist to fill the economy needs and global demand for value added products, services, goods. IT IS ALSO A WAY TO REDUCE THE PUBLIC DEBT AND TRANSFER IT TO PRIVATE DEBT with higher interest payments = lower aggregate spending power in the future compared to lower interest rates serving it on the public books)! Load up on loans. // University maintenance grants 4 lower income students in England & Wales are 2be scrapped September 2016 [...] Student maintenance grants to be replaced with loans from 2016-17, to be paid back once people earn more than £21,000 a year. The maintenance loan will increase to £8,200. [will also affect mature students wanting to climb up the ladder].
Fachkräftemangel  USA  UK  student  loan  debt  consumer  debt  private  debt  studentdebt  student  debt  household  debt  public  debt  Super  Cycle  social  mobility  Gini  coefficient  income  mobility  disposable  income  discretionary  spending  poverty  welfare  state  child  poverty  education  policy  vocational  education  squeezed  middle  class  social  contract  dogma  ideology  austerity  fairness  uncertainty  Toff  Privileged  Establishment  Higher 
july 2015 by asterisk2a
BBC News - Pupils in some areas are not offered 'vital' GCSEs
[interesting - nearly no language gcses]"Our worry is that instead they reflect decisions made by schools and are based on calculations as to how schools can appear better on league tables by encouraging children to avoid taking on more challenging subjects. "The evidence suggests that in areas where most children are expected to do less well in exams, the educational opportunities for all children are being restricted."
education  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  income  mobility  social  mobility  downward  mobility  UK  Gini  coefficient  inequality  Higher  private  education  formal  education 
february 2015 by asterisk2a
BBC News - Students 'subjected to unfair course changes'
With undergraduates now paying up to £9,000 a year on tuition fees, the higher education world is increasingly seen by students as a consumer market.
education  policy  UK  Liberal  Arts  Higher  education  bubble 
february 2015 by asterisk2a
BBC News - Cameron attacks school 'mediocrity'
Almost 3,500 schools in England rated as "requiring improvement" face being forced into new leadership, under plans to be announced by David Cameron. - hypocrisy - how about putting more teachers in first (and paying them a little more and making a portion performance related), reducing class sizes (after years of increases) ... all after years of cuts and non-increase to inflation ... &! Cameron challenged on 'no cuts' school funding promise - http://www.bbc.co.uk/news/education-31087137 &! Moray Council warns of teacher shortages - http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-31091127 &! http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-23580704 - Aberdeen City Council has received 85 applications for teaching positions after offering a new incentive package. &! 1 Day later - bit.ly/1BQ7wNH - Conservatives to cut school funding by 10% if they win general election [...] no promise to inflation-proof education funding.
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february 2015 by asterisk2a
Wirtschaftsminister Gabriel: “Programmiersprachen gehören zu den Sprachen des 21. Jahrhunderts” | netzpolitik.org
Ein alleiniger Fokus auf technischen Fertigkeiten, wie er für die Wirtschaft relevant ist, vernachlässigt aber in schmerzlicher Weise die Vermittlung allgemeiner Medienkompetenz im Rahmen informatischer Grundbildung. Und die umfasst eben mehr als das Programmieren. Sie muss heute auch miteinschließen, verantwortlich mit den Möglichkeiten umzugehen, die uns Computer und Internet eröffnen. Dazu zählt eine Aufklärung über die Konsequenzen von Urheberrechtsgesetzen genauso wie die über die Folgen sozialer Medien für die eigene Privatsphäre. +!+!+!+ "Hohe Abbrecherquoten in technischen Studiengängen, niedriger Frauenanteil unter IT-Fachkräften: Bitkom-Chef Dieter Kempf beklagt den Fachkräftemangel in der IT-Branche - und sieht für Quereinsteiger gute Chancen, "auch ohne Studium". bit.ly/1hTCxHI << flexibility with Degrees and Credits needed; Reform. Enable students to experiment and discover.
education  policy  Germany  Year  of  Code  Fachkräftemangel  Mobile  Creative  Mobile  Creatives  Millennials  generationy  HR  human  resources  competitive  advantage  competitiveness  competitive  comparative  advantage  demographic  bubble  immigration  immigrants  Higher 
september 2014 by asterisk2a
Generation Y: Angepasst, weil die Wirtschaft es will - SPIEGEL ONLINE
Deutschland wird seine Wettbewerbsfähigkeit nicht allein mit Prädikatsexamen erhalten, sondern mit kreativen Köpfen, die den Willen haben, Risiken einzugehen. Mehr und mehr werden Leute gefragt sein, die sich selbstständig in neue Themen einarbeiten und nicht nur auf Anweisung handeln; die komplexe Sachverhalte analysieren und vernetzt denken. Die Wirtschaft braucht Absolventen mit Persönlichkeit, die fähig sind zur Selbstreflexion, und die in der Lage sind, schnell zu lernen. Doch Persönlichkeit ist eine Frage von Zeit - und der Freiheit, sie zu entwickeln. Dazu müssen die Studierenden ermutigt und die richtigen Strukturen geschaffen werden. Im Moment haben sie verdammt große Angst, das Falsche zu tun. Das sollte man ihnen nicht vorwerfen. Schon gar nicht, wenn man selbst in einer Zeit groß geworden ist, in der jeder Akademiker einen sicheren Job mit Tarifvertrag bekommen hat, wenn er nur seinen Namen richtig schreiben konnte. Die Zeiten sind unsicherer geworden.
generationy  Millennials  labour  economics  labour  market  self-employment  continual  education  Trainee  Higher  Germany  flat  world  globalisation  globalization  Future  of  Work  education  policy  corporate  culture  corporate  values  comparative  advantage  competitive  advantage  competitive  Competition  competitiveness  Mobile  Creative  Mobile  Creatives  knowledge  worker 
september 2014 by asterisk2a
BBC News - American Dream breeds shame and blame for job seekers
"Unemployed auto workers, factory workers, they have a lot of regrets about the past," he said. "A lot of workers are internalising, 'You succeed on your own merits and your own abilities, and if you fail, you're to blame'," Chen says. He isn't alone in seeing this pattern. Experts tell the BBC that job seekers in the US are now, more than ever, blaming themselves for being out of work, due in part to misconceptions about what it takes to succeed in America. [...] Meritocracy became the prevailing ideology, encouraging workers to aim high and reap the resultant rewards. Anyone could achieve greatness. Paupers could become princes. The more people made, the more likely they were to believe they were worthy of it. A study published in the Journal of Personality and Social Psychology last year found that the higher people perceived their social class to be, the more likely they were to believe that success comes to those who most deserve it. [class warfare, meritocracy is ideology]
structural  unemployment  Year  of  Code  structural  imbalance  Impediments  Mobile  Creative  Mobile  Creatives  Future  of  Work  manufacturing  industrial  policy  Services  Industry  service  economy  service  Share  labour  market  labour  economics  labour  force  UK  USA  Europe  flat  world  globalization  globalisation  added  value  competitive  advantage  competitive  competitiveness  Competition  comparative  advantage  self-employment  Higher  Education  policy  continual  Public  policy  folly  policy  error  Career  Politicians  protectionism  subsidies  subsidizing  short-term  thinking  short-term  view  long-term  thinking  long-term  unemployment  long-term  view  underemployed  workless  working  poor  Niedriglohn  Niedriglohnsektor  mindestlohn  minimum  wage  social  mobility  income  mobility  economic  history  neoliberal  neoliberalism  deregulation  social  status  status  symbol  socioeconomic  status  status  anxiety  meritocratic  meritocracy  ideology  class  warfare  society  culture  populism  demagogy  demagogue  unemployment  stigma  stereotype  bias  prejudice  social  divide  child  poverty  poverty  poverty  in  old  age  social  science  social  cohesion  social  safety  net  social  study 
september 2014 by asterisk2a
OECD zur Bildung: Deutschland droht ein Abwärtstrend - SPIEGEL ONLINE
Auch wenn viele Kennzahlen in den vergangenen Jahren nach oben gegangen seien, müsse das deutsche Bildungssystem dennoch viel stärker gefördert und ausgebaut werden, fordert OECD-Repräsentant Heino von Meyer. Kaum etwas könne Menschen besser gegen Arbeitslosigkeit, Armut und Ausgrenzung helfen als Bildung.
Germany  social  mobility  income  mobility  education  policy  Public  Prekariat  class  warfare  squeezed  middle  class  working  poor  poverty  child  poverty  Higher  formal  education  private  education  Gini  coefficient  inequality  minority  career  advice 
september 2014 by asterisk2a
BBC News - 'No wage rises' until jobless rate falls to 5% says MPC member
Martin Weale said there may be more spare capacity in the economy than policymakers had previously estimated. +++ Bank of England 'puzzled' by productivity gap - http://www.bbc.co.uk/news/business-27857472 >> London Finance Centre Canary Wharf drove up productivity in the run up to the 2008 GFC :: UK workforce as a whole, lacking skills for the future, thus the productivity gap; Mobile Creative, Mobile Creatives, skill-biased technological change, knowledge worker, White-collar Worker, Blue-collar Worker. Year of Code is too late and a drop/tea-cup in the ocean. College needs to offer Computer Science Degrees (Technichal College), not just University. College's offers courses as "Beauty Technicians." Services Industry that does NOT scale. A locals hairdressers service can not be exported, sold and consumed in other countries. Period.
spare  capacity  output  gap  UK  productivity  recovery  2014  BOE  economic  history  unknown  unknowns  complexity  unemployment  structural  unemployment  economy  monetary  policy  fiscal  policy  austerity  Impediments  faultlines  structural  imbalance  productivity  gap  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  Year  of  Code  21stcentury  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  un-college  College  scaling  scale  microeconomics  macroeconomic  policy  microeconomic  policy  macroeconomics  macroprudential  policy  microprudential  regulation  Public  interest  retraining  STEM  education  policy  Career  Politicians  short-term  thinking  long-term  thinking  accountability  Politics  transparency  democracy  Democratic  Process  free  press  free  speech  pluralistic  society  plurality  pluralism  freedom  of  press  debate  discourse 
june 2014 by asterisk2a
Open your company's doors and let the machines in - the economy depends on it - Telegraph
The faster the mechanisation process, the more likely we are to see productivity – the amount of output each worker generates – starting to grow again and, with it, wages. A greater use of artificial intelligence throughout the economy will benefit, not hurt, the overall workforce. There are just two, crucial, caveats: it will be vital to help individuals displaced by the new technologies to find work in new areas. Better education and training will become even more vital. We also need policies to ensure that the UK, already a leading player in high value-added industries, continues to develop in these areas; this means making sure that Britain remains an open economy, that taxes are kept low, that higher education is allowed to thrive free of the dead hand of the state, and that infrastructure, including airport links, is up to scratch.
infrastructure  investment  infrastructure  UK  Net  Neutrality  productivity  Structural  Impediments  unemployment  skill-biased  technological  change  skill  skills  capital  skills  knowledge  worker  workless  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  unemployment  long-term  unemployment  long-term  thinking  short-term  thinking  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Software  competitive  advantage  competitiveness  Competition  competitive  comparative-advantage  comparative  advantage  21stcentury  New  Economy  Public  Policy  education  formal  education  Higher  practical  skills  employability  practical  skill  set  fiscal  globalization  globalisation  Year  of  Code  programmers  programming  working  poor  squeezed  middle  class  living  wage  Career  Politicians  folly  error  Policy  Makers  faultlines 
june 2014 by asterisk2a
BBC News - The power and peril of the middle name + Names as indicator of parents background and child's potential future.
+ Does a baby's name affect its chances in life? || http://www.bbc.co.uk/news/magazine-26634477 >> But more recent work has presented a mixed picture. Richard Zweigenhaft, a psychologist at Guilford College in the US, pointed out that wealthy, oddly-named Americans are more likely to find themselves in Who's Who. He found no consistent bad effects of having a strange name, but noted that both common and unusual names are sometimes deemed desirable. Conley, who is a sociologist at New York University, says that children with unusual names may learn impulse control because they may be teased or get used to people asking about their names. "They actually benefit from that experience by learning to control their emotions or their impulses, which is of course a great skill for success." But for the main part, he says, the effect of a name on its bearer rarely amounts to more than the effect of being raised by parents who would choose such a name.
middlename  middle  name  name  social  mobility  income  mobility  social  science  social  study  Higher  Education  ivyleague  formal  childhood  childhood  development  parenting  parents  Public  Policy  Gini  coefficient  inequality  opportunity 
june 2014 by asterisk2a
Learn To Code, Learn To Think : 13.7: Cosmos And Culture : NPR
policy to push to learn to write, read, understand code and systems. design thinking. problem solving. early on as soon as yound ppl are literate ~12-14. - higher productivity - + 3D printing future in 30 years ... future of 30-35hr work week - 5-6hrs a day. THE REAL NEW ECONOMY. 90's New Economy was hyped by exuberance and ... different topic. But this is the outline of the real new world, new economy. ( robert skidelsky in praise of leisure ) when the world is flat - 2050. baring any other crisis being solved ala climate change and ecological disasters. man made or ie earthquake swallowing california, canarie islands exploding creating huge tsunami, yosemite exploding, etc etc. - baring also - that we fix inequality problems, reducing the divide. fostering better democratic process, transparency and accountability - instilling trust and confidence again in public service.
Year  of  Code  coding  programming  programmers  ethical  machine  systems  design  system  design  skill  skill-biased  technological  change  capital  skills  skills  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  destruction  globalisation  globalization  comparative  advantage  comparative-advantage  competitive  advantage  competitive  competitiveness  Competition  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  Public  Policy  Policy  Makers  error  folly  industrial  fiscal  macroprudential  Career  Politicians  long-term  thinking  21stcentury  productivity  macroeconomic  macroeconomics  microeconomic  microeconomics  3D  printing  Future  optimism  Robert  Skidelsky  academia  economic  history  capitalism  workforce  book  economist  New  Economy  global  digital  digital  natives  digital  divide  Age  knowledge  Commanding  Heights  Politics 
june 2014 by asterisk2a
Income Inequality: The Fundamental Reason It Is Growing | Seeking Alpha
Summary Income inequality is growing in the US and other countries. Many explanations are being offered, including what Piketty suggested in his new book. But most miss the main reason - new information technologies are eliminating large segments of middle class jobs.
Thomas  Piketty  income  inequality  inequality  Gini  coefficient  knowledge  worker  Mobile  Creative  Mobile  Creatives  income  mobility  social  mobility  disposable  income  digital  divide  competitiveness  competitive  competitive  advantage  comparative  advantage  comparative-advantage  globalisation  globalization  skill-biased  technological  change  capital  skills  skill  skills  digital  natives  digital  economy  Software  Eats  The  World  Why  Software  Is  Eating  World  Higher  Education  formal  bubble  business  Future  economic  history  working  poor  squeezed  middle  class  tax  credit  tax  free  income  Grundeinkommen 
may 2014 by asterisk2a
Draper University & Tim Draper's state of California | Launch Festival 2014 - YouTube
California is 50th in tersm of edu cost (too expensive), California spends 3% of their rev on infrastructure investments. ... It has to be really bad that they see as only solution to make it smaller. make 6. The only good thing that has CA going is the weather and that can have unintended consequences as well - extreme weather events, droughts, wildfires, flashfloods, ... http://www.economist.com/blogs/democracyinamerica/2014/02/splitting-up-california + http://www.advancingafreesociety.org/eureka/sacramento-spotlight-six-californias-part-1-demographics-of-the-new-states/ + http://www.equities.com/editors-desk/economy-markets/economic-data-news/the-economic-impact-of-six-californias + http://draperuniversity.com/ ||| +++ http://youtu.be/2q8XOhm_LDE -- BOOK ! 'The race for reinvention' ""The Fourth Revolution: The Global Race to Reinvent the State"" - - IN THEIR new book, John Micklethwait and Adrian Wooldridge explain why the state faces a historic juncture
California  Career  Politicians  No  Representation  government  spending  governance  oversight  transparency  accountability  Six  Californias  Tim  Draper  Draper  University  education  Higher  formal  education  business  education  education  bubble  economic  history  Gini  coefficient  income  mobility  social  mobility  income  inequality  Politics  infrastructure  investment  infrastructure  Silicon  Valley  public  transportation  urbanisation  urban  planning  The  State  of  California  grassroots  movement  public  policy  drought  water  security  water  scarcity  water  supply  2014  San  Francisco  Los  Angeles  San  Diego  history  policy  error  policy  folly  Makers  Book  fiscal  policy  political  folly  political  theory  political  error  political  economy  political  science 
may 2014 by asterisk2a
oftwominds-Charles Hugh Smith: The Changing Nature of Middle Class Work
The economy is changing in structural ways that affect not just the job market but the nature of work itself. If we ask, what is work?, the conventional answer is tasks that somebody will pay us to do. This is true, but it doesn't address why someone is willing to pay us. The answer is to create value. ... [ Skills, not Expertise. ] ...... As technology's ability to replace costly human labor moves from the factory floor to the service sector, the nature of middle class work is changing. [ IBM's company wide Pivot over +10 years from HW to Services and Software Company. With the accompanying downsizing. ] ... Jobs that can be learned in a few hours are prone to being replaced by machines. [...] The protected sectors beset by soaring costs (healthcare, higher education, major weaponry programs, finance, etc.) will undergo the creative destruction of technology-based productivity gains for the reason that they are already unaffordable, not just to households but to the nation.
skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  working  poor  value  creation  digital  economy  New  21st  Century  squeezed  middle  class  inequality  tax  code  tax  free  income  Gini  coefficient  elizabethwarren  globalization  globalisation  Robots  Robotics  technological  history  disrupting  markets  disruption  Innovation  productivity  Mobile  Creatives  creative  destruction  Book  Structural  Impediments  deficit  unemployment  imbalance  economics  workless  6-hour  work  day  working  class  work  life  balance  workplace  chaning  face  of  work  Future  Charles  Hugh  Smith  education  bubble  formal  education  coding  Higher  MOOC  education  USA  Europe  Asia  BRIC  UK  2014  Year  of  commodity  business  commoditization  lifestyle  purchasing  power  wage  stagnation  middle  class  automation  open  source  innovator  collaboration  global  economy  global  supply  chain  supply  chain  content  creator  digital  artist  Networking  social  capital  hybrid  work  flexible  work  Problem  Solving  Problemsolvers  work  experience  global  in  nature  free  trade  global  trade  Sweat  Equity  Gary  Vaynerchuk  accountable  lifestyle  businesses  lifestyle  business  workplace  security  human  capital  reputation  capital  skills  underemployed  Employability  part-time  employment  youth  unemployment  employment  of  lifehacker  life  life  of  life  l 
may 2014 by asterisk2a
Why Americans Are Moving Less: New Jobs Aren't Worth It - Richard Florida - The Atlantic Cities
[symptom of the working poor and squeezed middle class and wage stagnation || http://youtu.be/_k9q8rBfRVY + http://youtu.be/akVL7QY0S8A + http://youtu.be/nIimu0LF4JA + http://youtu.be/BOMoC0_m5pQ // Americans are moving less—and not as far—because it's not nearly as worthwhile economically. Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities. Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves.
working  poor  squeezed  middle  class  wage  stagnation  inequality  income  mobility  income  inequality  social  mobility  USA  fiscal  policy  public  policy  Gini  coefficient  middle  class  Robert  Reich  economic  history  Thomas  Piketty  economics  microeconomic  policy  microeconomics  macroeconomic  policy  macroeconomics  elizabethwarren  Elizabeth  Warren  babyboomers  generational  contract  Debt  Super  Cycle  sovereign  crisis  private  consumer  bubble  jubilee  zombie  consumer  Consumerism  productivity  minimum  wage  living  wage  secular  stagnation  stagnation  labour  market  labour  market  participation  Super  Rich  lobby  Lobbying  lobbyist  crony  capitalism  revolving-door  presidency  barackobama  Career  Politicians  accountability  transparency  democracy  corporate  governance  governance  job  market  job  creation  skill-biased  technological  change  skills  knowledge  worker  White-collar  Blue-collar  Higher  Education  bubble  formal  cost  Apprenticeships  on  job  training  Germany  UK  Europe 
april 2014 by asterisk2a
YouTube's Secret Algorithm - Computerphile - YouTube
engineering ... iteration, iteration, a/b testing, ... and sometimes you have to experiment with a small user base sample, to discover something new - not so obvious user behaviour. ala Occrams Razor theory, sometimes the simplest thing is the best and most elegant solution. ... only hands on experience and mentorship can teach you such things. not college degree. no masters degree. only real world application.
YouTube  Google  Search  algorithms  algorithm  PageRank  monopoly  pageviews  engagement  short-form  content  content  distribution  throwaway  content  digital  content  content  creator  digital  economy  paid  content  content  ID  micro  content  Niche  Watch  Time  Video  Viral  Video  gaming  the  system  SEO  content  network  digital  natives  digital  artist  MCN  YouTube  Maker  Studios  Videoamt  Social  Media  publishing  publishing  2.0  self-publishing  Mediakraft  a/b-testing  product  iteration  engineering  analytics  Big  Data  experimentation  complexity  unknown  unknowns  unintended  consequences  education  Higher  education  bubble  formal  education  programmers  programming  Year  of  the  Code  Year  of  Coding  2014 
april 2014 by asterisk2a
INEQUALITY FOR ALL - Upward Mobility on Vimeo
This is a clip from the Robert Reich film "Inequality for All." You can see or order the whole film here. It's also available to watch instantly on Amazon, or you can get the DVD from Netflix. It is truly worth your time to see the whole movie — I promise! Fact-checks by Robert Reich's very capable crew. + http://youtu.be/QPKKQnijnsM - Twitter user GroteMond has rightly pointed out that socialism isn't technically equal distribution of wealth. However, in the case of this video, the video creator is referring to the majority of Americans' perception of what socialism is, not what it actually is. So yes, there's yet another thing we are generally misinformed about. + http://youtu.be/qSjGouBmo0M USA Healthcare + http://youtu.be/ZuhYRZRfTuY
social  mobility  Robert  Reich  income  inequality  USA  economic  history  Higher  Education  formal  UK  Gini  coefficient  babyboomers  Millennials  economics  Career  Politicians  Politics  accountability  middle  class  squeezed  middle  class  Debt  Super  Cycle  prosperity  documentary  public  policy  policy  error  policy  folly  courage  Toff  Perception  reality  wealth  distribution  occupywallstreet  Super  Rich  taxation  taxevasion  corruption  healthcare 
february 2014 by asterisk2a
BBC News - Student loan sell-off 'won't change repayments'
The proportion of loans not repaid - for instance because graduates do not earn enough to reach the threshold for repayment - was at one stage forecast to be 28%, but is now running closer to 40%. Mr Willetts told MPs that the difference was because earnings had failed to increase at the level expected - which meant that repayment levels had also been reduced. The most recent official figures on student loans, grants and awards, from November 2013, show that two months into the 2013-14 academic year more than £11bn had been paid to more than 990,000 students. On average, for 2012-13, students borrowed a tuition fee loan of £4,720, which is likely to rise as more students at university pay the higher level of fees introduced in 2012. In addition, students on average borrowed £3,750 each in maintenance loans.
StudentLoans  Student  Loan  Bubble  studentdebt  lostgeneration  lostdecade  Higher  Education  formal  business  UK  income  mobility  income  growth  income  inequality  income  distribution  policy  folly  political  folly  political  error  policy  error  fiscal  policy 
january 2014 by asterisk2a
CCC-TV - Warum die Digitale Revolution des Lernens gescheitert ist.
"wer hat dem wird gegeben" mattheus effect + https://p2pu.org/en/ + https://www.udacity.com/ + http://moocnewsandreviews.com/ultimate-guide-to-xmoocs-and-cmoocso/ + Gamification "that's not learning, its conditioning." ... Qualification instead of Competencies (Competencies come from real world application of theory (book content)).
e-learning  elearning  online  learning  learning  education  formal  education  education  bubble  Higher  Khan  Academy  social  mobility  digital  divide  medienwandel  medienkompetenz  Wikipedia  Nuremberg  Funnel  Nürnberger  Trichter  Open  University  xMOOC  cMOOC  Coursera  edX  Gamification  Qualification  School  edu  Wissensgesellschaft  Schule 
december 2013 by asterisk2a
▶ BBC Documentary: Who Gets the Best Jobs? - YouTube
http://www.bbc.co.uk/programmes/b00yb5kv Internships (Work Experience) = Working for free can not many afford, the least can afford it. Internship gets u access to 'high barrier to entry' jobs that run a country, economy, the upper echelons of the economy. Add student loan + living expenses to get a compatible & competitive degree, which not everyone can afford. It's barrier after barrier. Add 'people you know', family connections as another barrier. Hourglass society; those have a education qualification (academic route) and those who have a vocational education (ie apprentice ship). 80's was the fork in the road (de-industrialization period of UK / start of globalization). In the UK ur earning power is determined 50% by what family you were born into (start in life) & the other by your work effort. Fairness & Aspiration go together. Scandinavia much better. http://gu.com/p/3jj7n http://en.wikipedia.org/wiki/Alan_Milburn
social  mobility  income  mobility  Gini  coefficient  UK  inequality  democracy  education  business  education  formal  education  Higher  internship  fairness  Student  Loan  Bubble  studentdebt  StudentLoans  employment  ladder  opportunity  social  science  social  society  economic  history  austerity  working  poor  living-standard  standard  of  living  soft  skills  networking 
november 2013 by asterisk2a
▶ Why countries grow - YouTube
Nations rich in transferable skills have more growth potential than those that merely exploit their natural resources, according to Harvard's Ricardo Hausmann. In part one of a discussion with John Authers he explains how to map a country's usefulness. >> http://www.amazon.co.uk/The-Atlas-Economic-Complexity-Prosperity/dp/0262525429/ + Part 2 /watch?v=i-TQqyM-pNg History of Growth ...
skills  knowhow  Career  Politicians  Politics  public  policy  transferable  skills  Higher  Education  formal  academia  Diversity  product  diversification  Oil  bubble  GDP  political  folly  competitive  advantage  competitiveness  policy  error  policy  folly  globalization  short-term  thinking  economic  history  fiscal  policy  political  error  prosperity  income  mobility  Ricardo  Hausmann  natural  resources  social  mobility  book  diversification  economics  globalisation  liberal  economic  reform 
october 2013 by asterisk2a
BBC News - Fears over 40% fall in part-time students
t examines why part-time students have fallen by 40% in two years, equivalent to a reduction of 105,000. There are concerns that such part-time courses are necessary to provide the skills needed by industry. Sir Eric Thomas, who headed the review, said "something is going wrong". There has been widespread recognition of the economic importance of part-time courses in allowing adults to improve their skills.
skills  student  loan  debt  Career  Politicians  employment  squeezed  middle  class  GFC  complexity  StudentLoans  Higher  Education  unintended  consequences  consumer  debt  davidcameron  Bubble  policy  error  greatrecession  policy  folly  debtoverhang  economic  history  working  poor  stagflation  squeezed  middle  UK  income  mobility  austerity  middle  class  Part-Time  Students  household  debt  unknown  unkown  greatdepression  Part-Time  Study  Toff  deleveraging  social  mobility  GeorgeOsborne  studentdebt 
october 2013 by asterisk2a
Britische Mittelschicht-Kinder werden ärmer sein als Eltern - SPIEGEL ONLINE
Staatliche Förderung erreicht nur die Allerärmsten Dem "Observer" zufolge kommt die Studie zu dem Schluss, dass vor allem die Kinder der unteren Mittelklasse vom materiellen Abstieg bedroht seien. Ihre Eltern seien nicht arm genug, um die Kriterien für eine besondere Förderung durch den Staat zu erfüllen - aber auch nicht wohlhabend genug, um ihren Kindern ein sorgenfreies Leben zu garantieren. [...] Demnach sei es eine Kombination von erheblichen Schulden in Folge hoher Schul- und Studiengebühren, hoher Immobilienpreise und unsicherer Arbeitsverhältnisse. http://www.theguardian.com/society/2013/oct/12/middle-class-young-people-future-worse-parents/print
Career  Politicians  employment  unemployment  squeezed  middle  class  Politics  public  policy  Higher  Education  formal  generationy  fiscal  stimulus  consumer  debt  Taxation  davidcameron  Student  Loan  Bubble  generational  change  policy  error  policy  folly  productivity  short-term  thinking  Super  Cycle  fiscal  policy  stagflation  working  poor  property  UK  income  mobility  child  poverty  youth  unemployment  Consumerism  austerity  middle  class  zombie  consumer  social  mobility  Toff  millenials  consumerist  GeorgeOsborne  inequality  studentdebt 
october 2013 by asterisk2a
Sexismus an den Hochschulen wird häufig tabuisiert - SPIEGEL ONLINE
Einem Dozenten, der einer Transperson zwischen die Beine griff, um ihr Geschlecht "festzustellen", wurde die Lehrbefugnis entzogen. ... [...] ... queer-feministisch
discrimination  minority  Queer  Transgender  Power  Play  Higher  Education  hate  crime  University  sexism  sexismus  hate  speech  Machtgehabe  feminism  feminist  LGBT 
july 2013 by asterisk2a
danah boyd | apophenia » why I’m quitting Mendeley (and why my employer has nothing to do with it)
> Knowledge that is not proprietary - got to be free. < >> "Elsevier’s practices make me deeply deeply angry. While academic publishing as a whole is pretty flawed, Elsevier takes the most insidious practices further at each and every turn, always at the expense of those of us who are trying to produce, publish, and distribute research." + http://thecostofknowledge.com/
academics  knowledge  ethics  StudentLoans  formal  education  studentship  education  SOPA  academia  moral  dilemma  Student  Loan  Bubble  education  Aaron  Swartz  ethic  university  academic  publishing  Elsevier  moralhazard  scholarship  ethical  beliefs  higher  education  Mendeley  Danah  Boyd  library  Cost  of  studentdebt  universities 
april 2013 by asterisk2a
Studie: Deutsche wünschen sich immer weniger Kinder - SPIEGEL ONLINE
Jetzt zeigt eine aktuelle Studie, warum die Bundesbürger auf Nachwuchs verzichten: Grund sind alte Rollenbilder - und der Wunsch nach Selbstverwirklichung.

Die Ergebnisse sind ernüchternd. Vielen Deutschen sind ihr Beruf, ihre Hobbys und ihre Freunde wichtiger als ein Kind zu bekommen. Dem Bericht zufolge lautet das Fazit: "Kinder stellen nicht mehr für alle Deutschen einen zentralen Lebensbereich dar."

Die Gründe dafür sind vielfältig. So hat sich die gesellschaftliche Haltung zum Thema Elternschaft deutlich verändert. Vor einem halben Jahrhundert galt man eigentlich erst als richtig erwachsen, wenn man einen Beruf hatte, verheiratet war und Kinder hatte. Heute gibt es für das Kinderkriegen keine Anerkennung mehr. Und kaum noch jemand erwartet, dass sich seine gesellschaftliche Stellung durch Nachwuchs verbessert. Viele Menschen befürchten offenbar sogar, dass mehr als zwei oder drei Kinder ein Makel sein könnten.

Hochqualifizierte verzichten ganz auf Nachwuchs
higher  education  philosophy  Individualism  emancipation  feminism  education  psychology  sociology  society  culture  demographics  demography 
december 2012 by asterisk2a
BBC News - Scottish graduates 'told to dumb down CVs'
Two-thirds of the students it surveyed found the Jobcentre unhelpful in finding work.

CAS said many graduates were apparently told by Jobcentre staff that their qualifications actually deterred employers and advised to leave degrees off their CVs altogether to secure "survival jobs".

"At the (Jobcentre) group meetings we were encouraged to leave any degree off the CV to help us find more plentiful unskilled work. Nobody would employ me as a cleaner if I had a degree. I was told to stop looking for graduate work and take a 'survival' job."

"Having been told a degree was the key to a successful and prosperous life, and having worked hard and sacrificed a lot to get one, many have become entrenched instead in a culture of unemployment or low wages and short-term contracts.

"It's heart-rending to read so many accounts of people, once full of hope for the future, who feel their lives are on hold. Some are even questioning whether it was worth the time, money and effort to get degree.
formal  education  higher  education  college  2012  lostdecade  greatrecession  un-college  university  education  UK  unemployment 
july 2012 by asterisk2a
Earth to Academia: Student Loan Debt is Mounting - And It's Unethical. - YouTube
The average student graduates with $23,000 in debt. "That's a lot of debt for a 22-year-old," says Michael Ellsberg - and when you combine it with astronomical rates of unemployment rates, you have a crisis on your hands.
StudentLoans  USA  bubble  education  debt  ethical  ethics  studentdebt  risk  risk-management  fraud  higher 
november 2011 by asterisk2a
Rüge der OECD - Deutschland produziert zu wenig Top-Talente
Es gibt mehr Studenten in Deutschland als je zuvor - doch im internationalen Vergleich fällt die Bundesrepublik zurück, warnt die OECD: Der Anteil der Hochqualifizierten steige langsamer als in anderen Industriestaaten, Fachkräfte fehlten hierzulande.
OECD  education  germany  university  higher  talent  system 
september 2011 by asterisk2a

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