asterisk2a + liberal + creation + discrimination + tax   2

Joseph Stiglitz: It’s Time to Get Radical on Inequality - YouTube
Nobel laureate Stiglitz, author of The Price of Inequality and The Great Divide, studies the forces driving inequality and what is at stake if it continues. In his view, bad economic thinking deserves part of the blame — fanciful ideas like trickle-down and the notion that economists should try to increase the size of the economic pie and let the politicians worry about distribution. On the contrary, Stiglitz sees distribution as a problem economists must confront. He warns that an economic system that doesn’t raise standards of living for most Americans is a failure. [...] monopoly rent = too big to fail/tbtf (bailout) == cost to society/economic damage == where was antitrust!? monopolies are less productive & costly eventually in the long-term. rent exploitation through lobby! [...] this is bad for everyone, rising inequality, lower inequality is an econ multiplier // &! The Great Divide with Joseph Stiglitz and Robert Reich - youtu.be/e3aJxy9tA-w &! youtu.be/U-oEjFKCp00 NEET
inequality  income  inequality  gender  inequality  Gini  coefficient  social  mobility  downward  mobility  income  mobility  working  tax  credit  child  tax  credit  tax  code  capital  gains  fairness  income  distribution  capital  gains  tax  earned  income  tax  tax  avoidance  tax  evasion  corporate  tax  rate  tax  free  income  tax  credit  welfare  state  Public  Services  Services  austerity  trickle-down  economics  economic  model  economic  history  book  Privileged  progressive  kalte  Progression  coldprogression  wealth  distribution  academia  academics  neoliberal  neoliberalism  liberal  economic  reform  precarious  work  working  poor  poverty  trap  child  poverty  well  being  education  policy  vocational  education  skills  gap  paternity  leave  maternity  leave  gender-based  discrimination  gender  equality  Women  in  Tech  STEM  added  value  value  creation  shared  economic  interest  economic  damage  microeconomic  policy  economic  growth  disposable  income  discretionary  spending  Thomas  Piketty  Joseph  Stiglitz  josephstiglitz  Gesellschaft  social  tension  social  cohesion  society  uncertainty  insecurity  Career  Politicians  savings  rate  job  creation  labour  market  labour  economics  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  minimum  wage  living  wage  Contractor  Zero  Hour  Contract  Leiharbeit  Zeitarbeit  exploitation  Wall  Street  profit  maximisation  shareholder  value  crony  interest  interest  capitalis 
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
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
july 2015 by asterisk2a

related tags

Abstieg  academia  academics  added  Alain  American  antitrust  anxiety  austerity  avoidance  bailout  behavior  behavioral  being  beyond  book  Botton  capital  capitalism  Career  ceiling  change  child  chronic  Class  cliff  code  coefficient  cohesion  coldprogression  consent  Contract  Contractor  corporate  creation  credit  crony  damage  de  debt  dehumanisation  discretionary  discrimination  disposable  distribution  dogma  downward  drama  Dream  earned  economic  economics  economy  education  environment  equality  equilibrium  error  evasion  exploitation  fairness  folly  free  gains  gap  gender  gender-based  Gesellschaft  Gini  glass  groups  growth  happiness  Higher  history  Hour  HR  human  ideology  in  income  index  inequality  insecurity  interest  intrinsic  job  Jobs  Joseph  josephstiglitz  kalte  knowledge  labour  leave  Leiharbeit  liberal  living  loan  Lohnzurückhaltung  long-term  macroeconomic  Makers  management  manufactured  market  Maslow  maternity  maximisation  microeconomic  Middle  minimum  mobility  model  monopoly  motivation  NEET  neoliberal  neoliberalism  Niedriglohn  Niedriglohnsektor  No  organization  Organizational  output  participation  paternity  pay  people  philosophy  Piketty  policy  Politicians  poor  potential  poverty  precarious  Privileged  profit  Progression  progressive  Public  rate  reform  regulation  Representation  resources  savings  Sector  Selbstfürsorge  self-actualization  self-awareness  Service  Services  shared  shareholder  skill-biased  skills  social  society  socioeconomic  Sozialer  spending  squeezed  state  status  STEM  sticky  Stiglitz  Street  stress  student  subhuman  tax  TBTF  Tech  technological  tension  thinking  Thomas  trap  trickle-down  trust  UK  uncertainty  underemployed  unemployment  Union  USA  value  vested  view  vocational  wage  wages  Wall  wealth  welfare  well  Women  work  worker  Workers  working  workplace  Zeitarbeit  Zero 

Copy this bookmark:



description:


tags: