asterisk2a + liberal + creation + economics + uk   8

IMF urges more spending to boost growth
Fund’s steering committee calls for more forceful stimulus and warns monetary policy alone is not enough //&! http://www.theguardian.com/business/imf //&! bit.ly/1V9pfhD - IMF chief: regulators long 'alarmed' over Panama's handling of taxation. Christine Lagarde responds to Panama Papers revelations, noting that authorities were concerned but did not take ‘expected’ action.
secular  stagnation  Panama  Papers  tax  evasion  tax  amnesty  tax  avoidance  corporate  tax  rate  labour  market  job  market  Service  Sector  Jobs  income  tax  receipts  budget2016  George  Osborne  David  Cameron  general  election  2015  general  election  2020  election  campaign  promises  Party  Funding  Richard  Koo  Confidence  Fairy  austerity  underinvestment  Generationengerechtigkeit  triple-lock  pension  fairness  Generation  Rent  Housing  Crisis  property  bubble  USA  UK  reflation  reflate  fiscal  policy  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  GFC  sovereign  debt  banking  bank  bailout  job  creation  squeezed  middle  class  working  poor  disposable  income  discretionary  spending  IMF  OECD  credit  bubble  China  BRIC  recovery  Germany  economic  history  2016  Niall  Ferguson  budget  deficit  offshore  banking  investment  banking  TBTF  self-regulation  Greed  crony  capitalism  shareholder  capitalism  globalisation  globalization  global  economy  Oil  price  commodity  prices  ChristineLagarde  inequality  Gini  coefficient  income  mobility  social  mobility  low  pay  low  income  tax  credit  child  poverty  food  poverty  health  care  cost  health  care  demand  western  world  European  Union  Brussels  Brexit  Grexit  sick  population  health  economic  Union  Union  investment  policy  fiscal  me 
april 2016 by asterisk2a
Group of 20 Financial Leaders Agree to Act to Bolster Growth - The New York Times
Ms. Lagarde was even more explicit, making it clear that governments had for too long relied on the supply of cheap cash from central banks that have been running ultra-loose monetary policy. “Monetary policy alone will not cut it,” she said. “It is necessary, it is recommended from our perspective, particularly in Europe and in Japan still, but it will not cut it on its own. “Clearly in the fiscal sphere as well as in the structural reforms sphere, more needs to be done, and it needs to accompany and eventually take the baton from the central bank governors.”
Europe  IMF  UK  USA  western  world  Richard  Koo  recovery  fiscal  policy  fiscal  stimulus  long-term  view  long-term  thinking  underinvestment  productive  investment  infrastructure  investment  industrial  policy  STEM  R&D  austerity  George  Osborne  ChristineLagarde  OECD  GFC  economic  history  trickle-down  economics  neoliberalism  neoliberal  liberal  economic  reform  Research  competitiveness  differentiate  differentiation  value  creation  added  value  Manufacturing  job  creation  Niedriglohnsektor  Service  Sector  Jobs  Future  of  Work  Smart  Grid  renewable  energy  business  investment  consumer  debt  household  debt  debtoverhang  monetary  policy  QE  ZIRP  NIRP  Germany  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  inequality  Gini  coefficient  education  policy  David  Cameron  dogma  ideology  academia  academics  Mark  Blyth  Joseph  Stiglitz  Robert  Reich  Paul  Krugman  wage  growth  income  growth  G20  wage  stagnation  secular  stagnation  globalisation  globalization  flat  world  borderless  competitive  competition  currency  war  currency-war  currency  debasement  Exportweltmeister  BRIC  credit  bubble  global  economy  global  trade  global  imbalances  faultlines  structural  imbalance  Impediments  American  Dream  economy  energy  energy  policy 
september 2015 by asterisk2a
How Legal Immigration Failed Silicon Valley | TechCrunch
Our immigration system hinders entrepreneurship, innovation and productivity. Success in the tech industry, where whole new job categories are created overnight, requires deep familiarity with trends, products and technologies. Learning opportunities abound — if you’re willing to transition to new roles, educate yourself, work on different products or switch companies altogether. Building your own startup, or even joining one, can be the best career move; it offers remarkable potential for growth by wearing multiple hats in an expanding organization. The labor market benefits from this flexibility not just with an improved and adaptable workforce, but also one that creates jobs. The immigration process impedes all these possibilities. [...] [ reset process when switching companies ] [...] And that’s not even the worst part. If you get laid off, you must leave the country. Immediately. [...] Try telling your VC you spent $25,000 of their $1 million funding on immigration fees
USA  immigration  Europe  Germany  UK  skill-biased  technological  change  skills  gap  capital  skills  workforce  migration  ecosystem  Silicon  Valley  Berlin  Start-Up  Scene  London  Scene  Green  Card  job  security  insecurity  American  Dream  entrepreneur  practical  skills  practical  skill  set  skill  job  creation  borderless  globalization  globalisation  flat  world  global  economy  digital  economy  marginal  cost  economics  of  abundance  Future  of  Work  Remote  Work  liberal  economic  reform  policy  error  short-term  view  Career  Politicians  No  Representation  neoconservatism  neoconservatives  Rechtsruck  ageing  population  demographic  bubble  STEM  R&D  Research  Industrial  Revolution  2.0  policy  labour  market  labour  economics  added  value  value  creation  multiplier  education  policy  vocational  education  professional  education  long-term  view  HR  human  resources  hiring  recruiting  recruitment  war  for  talent  H1B  startupvisa  visa  H-1B 
september 2015 by asterisk2a
Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian
[A] look at the post-crash global economy, is the first fruit of that freedom. After toeing the line for five years, he can go public with his criticisms of chancellor George Osborne’s handling of the economy. He warns that the emphasis on consumption rather than investment, the continuing reliance on house price inflation as the driver of growth, the decline in productivity and innovation mean fundamental problems are not being addressed. He is also the first minister to lift the lid on the coalition: we learn the Tories could be likable colleagues but “collectively appalling, with ugly tribal prejudices”; that Osborne and David Cameron were unable “to move Theresa May an inch”; that Osborne’s Treasury effectively controlled government, with a hands-off Cameron; and that, in Cable’s view, Nick Clegg and Danny Alexander were too accepting of the Treasury line. [...] [ Cameron the PR man, being in office for the sake of just being in Office ] &! bit.ly/1KROBLk
George  Osborne  David  Cameron  Career  Politicians  No  Representation  social  contract  political  theory  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Generationengerechtigkeit  fairness  Liberal  Democrats  UK  policy  folly  policy  error  budget2015  underinvestment  R&D  STEM  Research  productive  investment  infrastructure  investment  public  investment  business  investment  productivity  output  gap  Richard  Koo  economic  history  trickle-down  economics  neoliberalism  neoliberal  Gini  coefficient  child  poverty  poverty  trap  DWP  Iain  Duncan  Smith  income  mobility  social  mobility  inequality  London  bank  bailout  self-regulation  deregulation  investment  banking  tax  evasion  tax  avoidance  Opportunism  opportunist  short-term  corporate  tax  rate  income  tax  Super  Rich  1%  babyboomers  education  policy  tax  free  income  working  poor  precarious  work  Precariat  tax  credit  working  tax  credit  child  tax  credit  social  housing  affordable  housing  asset  bubble  property  bubble  equity  bubble  2015  generation  rent  student  loan  debt  student  loan  student  debt  disposable  income  discretionary  spending  household  debt  job  creation  Service  Sector  Jobs  Niedriglohnsektor  self-employment  general  election  2015  election  campaign  promises  class  warfare  secular  stagnation  recovery  GFC  debt  social  sover 
september 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
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) )
plutocracy  Gini  coefficient  income  mobility  social  mobility  American  Dream  inequality  income  inequality  squeezed  middle  class  economic  growth  USA  economic  history  wage  growth  UK  recovery  secular  stagnation  job  market  job  creation  labour  market  labour  economics  STEM  productivity  Lohnzurückhaltung  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  precarious  work  Precariat  working  poor  job  security  Contractor  Zero  Hour  Contract  part-time  underemployed  skills  gap  Zeitarbeit  Leiharbeit  manual  labour  value  creation  added  value  knowledge  worker  Blue-collar  White-collar  minimum  wage  living  wage  disposable  income  discretionary  spending  industrial  policy  fiscal  policy  Higher  Education  policy  vocational  Sozialer  Abstieg  liberal  economic  reform  neoliberal  neoliberalism  trickle-down  economics  fiscal  stimulus  public  investment  competitiveness  competitive  infrastructure  investment  borderless  flat  world  globalisation  globalization  austerity  fairness  tax  evasion  tax  code  tax  avoidance  profit  maximisation  shareholder  value  Wall  Street  crony  capitalism  GFC  gender  inequality  poverty  trap  child  poverty  poverty  democracy  short-term  thinking  short-term  view  long-term  view  long-term  thinking  employability  lost  decade  lost  generation  youth  unemployment  Career  capitalism  Po 
july 2015 by asterisk2a
The Tory budget plan to cut tax credits – is it naive or just plain cynical? | Politics | The Guardian
[// If the Toff thinks firms will pay living wage & will not try to skirt around, he is intellectually a fraud & a cynic. //] [...] [P]roclaiming his renewed determination 2 take 12bn more out of the 220bn benefits bill, Osborne is being dishonest in an Alex Salmond sort of way. He & Dave have again ringfenced the £95bn pensioners share of the bill (state pensions plus perks like free TV licences), which is by far the largest component. Why? Pensioners bother to vote. They also retain the quaint old habit of buying newspapers. The Tory newspapers support pensioner perks. [ No Leadership, opportunistic, ... ] &! bit.ly/1KIQ4Tg Greek turmoil offers Osborne justification for his dictum of austerity [...] UK Manufacturing just 10% of Economy, oil capital shrinking, &! We are all in this together ... he pits each against each other for his agenda, ideology, dogma of the small state &free market while bailing out crony capitalism &zombie banks &treating them all same as if nothing happened
working  tax  credit  child  tax  credit  austerity  UK  David  Cameron  George  Osborne  budget2015  living  wage  minimum  wage  Tories  Conservative  Party  Privileged  liberal  economic  reform  welfare  state  Social  Services  Public  Services  free  market  Contractor  Zero  Hour  Contract  working  poor  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  job  market  job  security  underemployed  self-employment  political  economy  political  theory  democracy  Career  Politicians  No  Representation  Leadership  ideology  dogma  economic  history  propaganda  manufactured  consent  Lügenpresse  Toff  Establishment  mobility  downward  mobility  Gini  coefficient  inequality  income  inequality  tax  code  tax  free  income  child  poverty  chronic  stress  food  poverty  poverty  equality  solidarity  bailout  PR  relations  spin  doctor  fairness  TBTF  toobigtofail  too  big  to  jail  labour  market  labour  economics  job  creation  value  creation  added  value  recovery  GFC  society  Gesellschaft  Zivilgesellschaft  civil  society  courage  zombie  banks  crony  capitalism  capitalism  Wall  Street  small  state  London  income  growth  economic  growth  Lohnzurückhaltung  wage  growth 
july 2015 by asterisk2a
Autumn Statement 2014: Osborne's Cuts 'Will See Public Spending Fall To Lowest Level In 80 Years'
Tony Dolphin, senior economist at the Institute for Public Policy and Research, warned that Osborne's planned cuts were "implausible". "Given the scale of cuts in the public sector, [the OBR] can only make its growth forecast add up by assuming that consumer demand is boosted by households taking on more debt - and at an unprecedented pace. "Extraordinarily, the OBR thinks that by 2019 the household sector will have a financial deficit twice as big as in 2007 and 2008 when the financial crisis hit. As result, the household debt-to-income ratio is forecast 2 rise beyond its pre-crisis peak 2 over 180%. "This is pretty implausible. If the next government tries 2 follow the deficit reduction path set out in the Autumn Statement, it can only succeed in the short-term because the household sector takes on debt @ a faster pace than it did before the financial crisis. [this warning was heeded some years ago alrdy that consumer&corp would have to take on debt to spend to keep GDP # up!!!]
austerity  UK  George  Osborne  economic  history  David  Cameron  general  election  2015  fairness  Liberal  Democrats  Conservative  Party  Labour  Party  Super  Rich  1%  Privileged  Establishment  No  Representation  Toff  fiscal  policy  Democratic  Process  democracy  tax  free  income  Budget  Gerechtigkeit  Gini  coefficient  income  inequality  compromise  Career  Politicians  Debt  Super  Cycle  sovereign  crisis  recovery  GFC  Lohnzurückhaltung  working  poor  Services  Industry  service  economy  service  squeezed  middle  class  wage  growth  sticky  wages  Niedriglohn  Niedriglohnsektor  minimum  wage  productivity  output  gap  liquidity  trap  monetary  transmission  mechanism  zombie  banks  zombie  consumer  mortgage  market  ZIRP  NIRP  QE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  monetary  policy  Future  of  Work  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  Year  of  Code  industrial  policy  job  creation  disposable  income  Precariat  precarious  Zero  Hour  Contract  economics  market  tax  evasion  tax  avoidance  GDP  economic  growth  zombie  corporations 
december 2014 by asterisk2a

related tags

1%  2.0  Abstieg  abundance  academia  academics  added  affordable  ageing  Alain  ALG2  American  amnesty  Angela  antitrust  anxiety  asset  Aufstocker  austerity  automation  avoidance  babyboomers  bailout  bank  banking  banks  behavior  behavioral  being  Berlin  beyond  big  biotechnology  Blue-collar  Blyth  borderless  Botton  Brexit  BRIC  Brussels  bubble  budget  budget2015  budget2016  business  Buy  Cameron  campaign  capital  capitalism  Card  care  Career  ceiling  change  Chicago  child  China  ChristineLagarde  chronic  civil  class  cliff  code  coefficient  commodity  competition  competitive  competitiveness  compromise  Confidence  consent  Conservative  consumer  contract  Contractor  corporate  corporations  cost  courage  creation  Creative  Creatives  credit  crisis  crony  currency  currency-war  Cycle  damage  David  de  debasement  debt  debtoverhang  decade  deficit  dehumanisation  demand  democracy  Democratic  Democrats  demographic  deregulation  differentiate  differentiation  digital  discretionary  discrimination  disposable  distortion  doctor  dogma  downward  drama  Dream  Duncan  DWP  East  Eating  economic  economics  economy  ecosystem  education  election  employability  employment  energy  entrepreneur  environment  equality  equilibrium  equity  error  Establishment  Europe  European  evasion  exploitation  Exportweltmeister  fairness  Fairy  faultlines  Ferguson  fiscal  flat  folly  food  for  free  Funding  Future  G20  gains  gap  GDP  gender  gender-based  general  generation  Generationengerechtigkeit  George  Gerechtigkeit  Germany  Gesellschaft  GFC  Gini  glass  global  globalisation  globalization  Greed  Green  Grexit  Grid  growth  H-1B  H1B  happiness  hartz-iv  health  Help  Higher  hiring  history  Hour  household  housing  HR  human  Iain  ideology  imbalance  imbalances  IMF  immigration  Impediments  income  index  industrial  Industry  inequality  infrastructure  insecurity  interest  intrinsic  investment  Is  jail  job  Jobs  Joseph  knowledge  Koo  Krugman  labour  Leadership  Leiharbeit  Lending  liberal  liquidity  living  loan  Lohnzurückhaltung  London  long-term  lost  low  Lügenpresse  macroeconomic  Main  management  manual  manufactured  Manufacturing  marginal  Mark  market  Maslow  maximisation  mechanism  mental  Merkel  microeconomic  middle  migration  Minijob  minimum  Mobile  mobility  monetary  mortgage  motivation  multiplier  NEET  neoclassical  neoconservatism  neoconservatives  neoliberal  neoliberalism  net  Niall  Niedriglohn  Niedriglohnsektor  NIRP  No  OECD  of  offshore  Oil  Opportunism  opportunist  organization  Organizational  Osborne  output  Pact  Panama  Papers  part-time  participation  Party  Paul  pay  pension  people  philosophy  plutocracy  Polarisation  policy  political  Politicians  poor  population  populism  potential  poverty  PR  practical  Precariat  precarious  price  prices  Privileged  Process  productive  productivity  professional  profit  promises  propaganda  property  public  QE  R&D  rate  receipts  Rechtsruck  recovery  recruiting  recruitment  reflate  reflation  reform  refugee  Reich  relations  Remote  renewable  rent  Representation  Research  resources  Revolution  Rich  Richard  Robert  Robotics  safety  Scene  Scheme  School  Schuldenbremse  Schäuble  Sector  secular  security  Selbstfürsorge  self-actualization  self-awareness  self-employment  self-regulation  service  Services  set  shared  shareholder  short-term  sick  Silicon  skill  skill-biased  skills  small  Smart  Smith  social  society  socioeconomic  Software  solidarity  sovereign  Sozialer  spending  spin  squeezed  stagnation  Start-Up  startupvisa  state  status  STEM  sticky  Stiglitz  stimulus  Street  stress  structural  student  subhuman  Super  talent  tax  TBTF  technological  The  theory  thinking  to  Toff  too  toobigtofail  Tories  trade  transmission  trap  trickle-down  triple-lock  trust  UK  underemployed  underinvestment  unemployment  Union  USA  Valley  value  Verteilungskonflikt  view  visa  vocational  wage  wages  Wall  war  warfare  welfare  well  western  White-collar  Wolfgang  work  worker  Workers  workforce  working  workplace  world  Year  youth  Zeitarbeit  Zero  ZIRP  Zivilgesellschaft  zombie 

Copy this bookmark:



description:


tags: