asterisk2a + measurement   18

Stocks are up. But it appears to us that the U.S. economy is going down. Go figure.
velocity is at 57yr low - WOW! the money that is in circulation is in less hands! the econ expanded according to GDP, but less and less $ reach on avg each hand. - "This is serious. The velocity of money tracks how often each dollar is used to buy something in the economy. Falling velocity shows that consumers and business are pulling back… becoming more reluctant to spend and invest… downsizing… and holding onto dollars rather than spending them. This has a similar effect as reducing the supply of money bidding for goods and services. Prices drop. Deflation, in other words. The bubble has developed a leak. The hot air is gushing out." //&! //&! &! - it is associated with stagnant NGDP [...] demand problem.
monetary  velocity  liquidity  trap  Richard  Koo  nominal  GDP  targeting  GDP  measurement  GDP  recovery  reflate  reflation  economic  history  money  supply  Fed  fiscal  policy  monetary  policy  Gini  coefficient  inequality  economic  harm  economic  damage  GFC  crony  capitalism  shareholder  capitalism  Greed  profit  maximisation  profit  maximization  squeezed  middle  class  Elizabeth  Warren  Joseph  Stiglitz  Paul  Krugman  Robert  Reich  Thomas  Piketty  2016  UK  USA  secular  stagnation  Pact  fiscal  stimulus  austerity  Schuldenbremse  social  mobility  income  mobility  working  poor  Precariat  low  pay  low  income  Service  Sector  Jobs  Zero  Hour  Contract  Contractor  self-employment  inflation  targeting  microeconomic  policy  macroeconomic  policy  Super  Rich  1%  plutocracy  oligarchy  capitalism  capitalism  in  crisis  self-regulation  book  shareholder  value  Wall  Street  meritocracy  meritocratic  post-racial  America  barackobama  Larry  Summers  Bernie  Sanders  Establishment  Privileged  deregulation  bank  bailout  social  safety  net  welfare  state  aggregate  demand 
april 2016 by asterisk2a
Tyler Cowen: "The Great Stagnation", Michael Vassar & Cowen Debate at Singularity Summit 2011
gains are harder to come by! low hanging fruit gone. [...] VISION IS NEEDED TO GET THE JOB DONE.
secular  stagnation  western  world  underinvestment  R&D  R&D  innovation  Innovators  Dilemma  rentier  rent-seeking  oligopol  oligopoly  winner  take  all  babyboomers  Generationengerechtigkeit  fairness  austerity  triple-lock  pension  pension  obligation  recovery  Super  Rich  1%  plutocracy  oligarchy  No  Representation  lobby  Career  Politicians  OAP  demographic  bubble  ageing  population  sick  population  health  crisis  economic  damage  climate  crisis  climate  change  global  warming  productivity  gap  output  gap  GDP  measurement  GNP  nominal  GDP  targeting  inflation  targeting  BRIC  creative  destruction  Mobile  Debt  Super  Cycle  servitude  servicing  service  income  tax  receipts  tax  evasion  tax  avoidance  Moore's  Law  COP21  macroeconomic  policy  microeconomic  policy  OECD  IMF  crony  capitalism  Privileged  Establishment  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  revolving  door  Wall  Street  squeezed  middle  class  working  poor  disposable  income  trickle-down  economics  neoliberal  neoliberalism  discretionary  spending  renewable  energy  infrastructure  investment  Smart  Grid  AI  artificial  intelligence  augmented  intelligence  Autonomous  Cars  ZIRP  NIRP  QE  New  stagnation 
april 2016 by asterisk2a
Piketty: EU should welcome one million immigrants a year
"The European Union has the capacity to absorb a large flow of migrants, one million per year in terms of inflow net of outflow," he said.
"This is exactly what we had between 2000 and 2010 and this was working in the sense that unemployment was being reduced.
"The problem is - with the austerity policies and with the recession - now we are in a situation where it's very difficult in particular with southern Europe, with the terrible economic situation that we have created there in particular." [...] The population of the EU has only risen by 0.2% a year since 1995, he argues, compared to 1.2% for the world's population over the same period.
According to Eurostat, the official statistical arm of the European Commission, a total of 3.4 million people came to the EU during 2013. Some 2.8 million left, leaving a net immigration figure of around 600,000. [S]low growth [...] exacerbated not just by a lack of immigration but also by austerity policies aimed at reducing public expenditure. [EU in recession 2011 forward]
immigration  migration  refugee  crisis  Integrationspolitik  Sozialpolitik  youth  unemployment  austerity  GFC  secular  stagnation  Richard  Koo  ageing  population  demographic  bubble  social  safety  net  pension  obligation  economic  history  welfare  state  Gini  coefficient  Super  Rich  inequality  social  mobility  income  mobility  plutocracy  oligarchy  Precariat  working  poor  squeezed  middle  class  hartz-iv  Aufstocker  neoliberal  neoliberalism  Soziale  Marktwirtschaft  ALG2  Zeitarbeit  Leiharbeit  Minijob  part-time  employment  Contractor  self-employment  Zero  Hour  Contract  underinvestment  disposable  income  discretionary  spending  Robert  Skidelsky  bank  bailout  Fiscal  Pact  Schuldenbremse  Wolfgang  Schäuble  Angela  Merkel  Leadership  Wall  Street  shareholder  capitalism  crony  capitalism  lobby  No  Representation  Career  Politicians  democracy  European  Union  UK  Elizabeth  Warren  Paul  Krugman  Robert  Reich  Joseph  Stiglitz  carbon  tax  policy  folly  policy  error  right-wing  far-right  Rechtsruck  recovery  nominal  GDP  targeting  inflation  targeting  finite  resources  resource  depletion  GNP  GDP  GDP  measurement  profit  maximisation  profit  shareholder  policy  income  inequality  income 
april 2016 by asterisk2a
Annual Planning is Killing Your Growth – Try This Plan Instead - First Round Review
use quarterly OKR for people, team wide, department wide, business/company wide // no SWAT analysis. gain advantage and move from a higher level awareness and perspective // [ SAAS ] Especially if you work in the enterprise space where sales cycles can sometimes be very long, it’s tempting to make decisions that make sense within the span of one year but not in the broader context of your business. [...] “If you're wrong about anything in your annual plan, you're probably already too late to fix it.” [...] “Everyone wants to know about the year. It's become the basic unit of comparison across companies. But it shouldn't be.” [...] [ CONTEXT, aspiration, Big Picture for Company and Product (in 3-5 years), a sketch, but also have to be flexible in your approach and the way. stubbornly flexible (balance) ] “It's vital to know what great looks like for your company in the context of your field.”
Start-Up  lesson  Lean  Start-Up  Start-Up  advice  OKR  people  management  business  model  KPI  measuring  measure  measurement  team  management  planning  business  plan  business  management 
august 2015 by asterisk2a
Child poverty measurement set to change - BBC News
"We are all in this together." // "In short - can a [Tory gov] that says it is governing for "One Nation" unpick the rules around measuring & cutting the # of poor children in Britain without being accused of cynicism? // &! "The plan sounds reasonable, but the purpose is to whip up confusion at a time when the poor are about to get poorer. [...] “blue-collar Conservatism”, appealing to working-class Tories who are not much interested in such abstractions as relative poverty, but can certainly be rallied against those who are felt to be living at the expense of hard-pressed taxpayers." [pitting them against each other]. &! &! existential threat &! &! &! Scrapping £320m independent living fund - &! 'trickle-down doesnt work, says IMF [...] 1% & well off only buy 1 pair of jeans. power 2 implement reform? [= rebellion, not able with status quo ppl << Chris Hedges]'
KPI  measurement  child  poverty  social  mobility  education  policy  Public  Services  Services  austerity  income  mobility  UK  Gini  coefficient  IMF  OECD  David  Cameron  economic  history  Conservative  Party  George  Osborne  Iain  Duncan  Smith  DWP  Future  of  Work  No  Representation  Toff  Establishment  Privileged  fairness  gesellschaft  Zivilgesellschaft  Sozialer  Abstieg  food  poverty  poverty  precarious  Precariat  underemployed  working  poor  minimum  wage  child  tax  credit  working  tax  credit  inequality  downward  mobility  tax  free  income  opportunist  Opportunism  class  warfare  class-warfare  squeezed  middle  class  short-term  thinking  short-term  view  noise  pollution  political  economy  Career  Politicians  Tories  uncertainty  competitiveness  competitive  globalisation  globalization  civil  society  sociology  social  tension  social  cohesion  PR  relations  communication  Spin  Doctor  practical  skills  practical  skill  set  skill-biased  technological  change  vocational  education  psychology  chronic  stress  premature  ageing  health  crisis  mental  health  mental  illness  health  health  policy  democracy  minority  disability  Disabled  trickle-down  economics  bailout  recovery  toobigtofail  TBTF  too  big  to  jail  wage  growth  liberal  economic  reform  tax  tax  tax  consumeris 
june 2015 by asterisk2a
The slut, the spinster and the perfect woman: Martha Mosse at TEDxCoventGardenWomen - YouTube
Everyday sexism: Laura Bates at TEDxCoventGardenWomen -- YT v=LhjsRjC6B8U // How Islam made me a feminist: Zena Agha at TEDxWarwickSalon (Women) -- YT v=0jWSDyJiIXg // !!! >> An epidemic of beauty sickness: Renee Engeln at TEDxUConn 2013 -- "knowing of unrealistic photos doesn't help. [peer pressure - beauty sickness] // No longer the pits: why London's hottest girls are championing the arm bush -- "The underground armpit hair trend is sprouting all over London, where carefree young women are proudly presenting natural fuzz, often (less naturally) dyed in all colours of the rainbow. This is partly thanks to social media, which has allowed women to share images and stories about their bodies. But armpit hair is even growing within the fashion industry." // & v=gto6w0a13B0
feminism  feminist  gender  inequality  gender-based  harassment  gender-based  discrimination  labels  label  stereotype  bias  prejudice  judgement  western  society  beauty  industry  beauty  standard  Fashion  Misogynie  misogyny  subjective  life  lesson  life  hacker  western  lifestyle  quality  of  life  Bachelor  gender  politics  gender  policing  gender  equality  gender  norms  gender  role  language  gender  conforming  gender  non-conforming  Porn  Campus  Culture  jock  Slutwalks  sexual  health  sexuality  sexualität  sexual  harassment  objectification  reproductive  rights  dehumanization  dehumanisation  objectification  of  women  status  quo  objectification  income  inequality  equality  inequality  Public  Policy  gender  gap  gender  discrimination  Tabloid  gossip  celebrity  Daily  Mail  boxes  everyday  sexism  sexism  sexismus  peer  pressure  beauty  sickness  self-respect  Self-esteem  Social  Media  Theory  finite  cognitive  resources  civic  life  civic  society  civil  society  Zivilcourage  Zivilgesellschaft  human  progress  humanity  human  tragedy  celeb  celebrity  evolution  personal  investment  Start-up  of  You  self-awareness  self-improvement  personal  values  Brand  apologetic  measurement  mortality  Photoshop  Fashion 
august 2014 by asterisk2a
▶ Insatiability, and the 15-hour week - YouTube
comparing yourself to others, you never have enough. what is the purpose. is there enough? *Aristotle Leisure - educating people about Leisure. >> periods of time where your choices dominate. to develop your personal projects. Anglo Saxon work environment - work seeps though at home though laptops and mobile phones with work mailboxes. Germany has more strict boundaries of work because of its work ethic. Measure human well being. (GDP)
Book  well  being  measurement  western  lifestyle  generationy  minimalismus  Greed  babyboomers  work  ethic  GDP  Robert  Skidelsky  generational  change  rat  race  burnout  productivity  income  distribution  Aristotle  philosophy  economic  history  minimalism  Leisure  Time  working  poor  social  science  happiness  income  mobility  social  study  people  management  work  life  balance  Leisure  satisfaction  millenials  western  society  Germany 
september 2013 by asterisk2a
Joseph Stiglitz talks about going beyond GDP - YouTube
Uploaded by oecden on Oct 19, 2011
Discussion continues about improving traditional assessments of economic progress. Nobel Prize-winning economist Joseph Stiglitz talked about the new means of measuring progress well-being and sustainability during a recent visit to the OECD. For more info visit:
GDP  USA  bubble  history  sustainability  JosephStiglitz  growth  happiness  employment  income  economics  economic  thought  discussion  policy  folloy  error  mistake  measurement  measure 
october 2011 by asterisk2a
Green Inc. Column - Rethinking the Measure of Growth -
Overlooking that risk has possibly cost future economic growth, the report said, and has contributed to a looming environmental crisis.

“Market prices are distorted by the fact that there is no charge imposed on carbon emissions,” the report said. “Clearly, measures of economic performance that reflected these environmental costs might look markedly different from standard measures.”

Economists in Asia say the debate about gross domestic product misses the point. Gross domestic product as a statistic is sound, they say; what is wrong is the fascination in government with what it measures — the sum total of a nation’s annual production.

“The problem is not G.D.P.,” said Bhanoji Rao, a visiting economics professor at the Lee Kuan Yew School of Public Policy in Singapore. “The problem is the culture of consumption.”
GDP  JosephStiglitz  economics  ecology  ecological  crisis  oil  BP  oil-spill  oilprice  risk  economy  measurement  measuring  growth  domestic  consumption  consumer  change 
july 2010 by asterisk2a
Economic View - When Attitudes Are a Big Obstacle to Recovery -
According to the Bureau of Labor Statistics, annual growth of business output per labor hour averaged 3.2 percent from 1948 to 1973, but only 1.9 percent from 1973 to 2008.

Ever since the long-term productivity slowdown became visible, the economist Samuel Bowles, now at the Santa Fe Institute, has said that its causes are to be found as much in the loss of “hearts and minds” of workers and investors as in technology.

This month at Yale, in lectures titled “Machiavelli’s Mistake,” he spoke of the error of thinking that a high-performance economy could be based on self-interest alone. And he warned of the overuse of incentives that appeal to individual gain.
recession  recovery  USA  psychology  greatdepression  history  lesson  malaise  management  people  believe  robertshiller  study  book  economy  gdp  growth  measurement 
february 2010 by asterisk2a
Broader U-6 Unemployment Rate Increases to 17.3% in December - Real Time Economics - WSJ
The U.S. jobless rate was unchanged at 10% in December, following a decline the previous month, but the government’s broader measure of unemployment ticked up 0.1 percentage point to 17.3%
unemployment  2009  december  usa  measurement  accounting 
january 2010 by asterisk2a
CFO in focus: Looking forward | The Economist
Mr Stiglitz's main beef with the GDP metric was that it fails to take into account factors such as disparity in the distribution of wealth, depletion of natural resources, underground economies and the quality of goods and services. Consequently, as the credit crisis bubbled up from below, the GDP of America and other industrialised countries looked relatively benign.

One particular problem, said Mr Stiglitz, was that faux profits were factored into GDP calculations. He noted that 41% of all corporate profits in 2007 were generated in the financial sector and tied to debt. The massive subprime-related losses that financial institutions then booked in 2008 wiped out not only the 2007 “profits”, but also those from the preceding five years. “They were not really profits, but we recorded them as fantastic years.”
JosephStiglitz  GDP  measurement  measure  audit  accounting 
november 2009 by asterisk2a

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