Outliers, Inequality, and Injustice (1)
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Will Wilkinson (7)
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Will Wilkinson (7)
4 days, 13 hours
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Ezra Klein writes: But since we justify income inequality by understanding success as an outcome of virtue, there’s a tendency to ascribe achievement to diligent effort rather than the market’s amoral decisions to attach high value to certain spheres of labor and low value to others. The important variable for success, however, does not seem to be hard work but profession. If you’re in a high-value profession, hard work can do you a lot of ...
Mind the Gap (2)
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myglesias (45)
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Matthew Yglesias (45)
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My colleague Pat Garofalo at the Wonk Room writes about some new wage and inequality data: The ILO found that between 1995 and 2007, real wage growth in the United States was essentially 0 percent, and in 2009 wages will “decline by 0.5 percent in industrial countries and grow by no more than 1.1 per cent globally.” The Center for American Progress Action Fund has found that weekly wages were actually 0.3 percent lower in ...
Rejecting the Black Person In The Mirror (1)
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Womanist Musings (3)
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I love to use stumbleupon to surf the web. It brings me to websites that I never would have visited. On a recent search I landed at StormFront a white supremacist website (No I will not link, hit google) At any rate I expected to see the usual racist screed about how whites are suffering reverse racism, and how underprivileged they have become. What I did not expect to read was the following. Letter from ...
Risk and Reward (2)
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Matthew Yglesias (45)
1 week, 4 days
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A whole lot to chew on in today’s New York Times piece on Citigroup, but this graf is of particular interest to me: “Chuck Prince going down to the corporate investment bank in late 2002 was the start of that process,” a former Citigroup executive said of the bank’s big C.D.O. push. “Chuck was totally new to the job. He didn’t know a C.D.O. from a grocery list, so he looked for someone for advice ...
I’m Gettin’ Money (1)
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Matthew Yglesias (45)
1 week, 4 days
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Throughout the financial crisis, I’ve been dimly trying to remember something I read on Tyler Cowen’s blog a long time ago. Today, Paul Krugman shows off his Nobel Prize skillz by finding the post in question: I also found myself thinking about the Kaplan-Rauh paper finding that Wall Street was largely responsible for the surge in very high incomes, which was widely taken as evidence that the new rich were really earning their money (though ...
The College (Soon-to-be) Dropouts (1)
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pushback (2)
2 weeks, 3 days
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Via Jason Zengerle, Drake Bennett at The Boston Globe has a long, soul-crushingly dark account of what a 21st century depression would (will?) look like. There are a lot of depressing tidbits there, from long ER lines to sharp increases in crime to lower iPhone sales, but this one seems worth highlighting: Higher education, another big expense, would probably take a hit as well. Students unable to afford private universities would opt for public universities, ...
INAUGURATO IL SENTIERO TRA L'ABBAZIA DI SASSOVIVO E QUELLA DI PALE ... - tuttoggi.info (1)
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grotte - Google News (4)
2 weeks, 6 days
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INAUGURATO IL SENTIERO TRA L'ABBAZIA DI SASSOVIVO E QUELLA DI PALE ...tuttoggi.info - 15 nov 2008Uno dei prossimi obiettivi è quello del ripristino delle grotte di Pale, non tanto dell'interno, dove sembra vivere in modo esclusivo una particolare specie ...
Variety: the digital revolution doesn’t pay (1)
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infinicine (0)
3 weeks, 1 day
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Variety reported last week that the digital distribution “revolution” is starting to seem more like the Seven Year’s War as filmmakers and distributors see little to no revenue online. While there have been a few highly-trumpeted success stories, even the most advised course of non-exclusive deals with a number of high-profile online markets can yield little in the way of revenue for independent filmmakers without the marketing and exposure of a big theatrical or television ...
What He Said (3)
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Matthew Yglesias (45)
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I’ve witnessed a certain number of dim-witted right-wing blog commenters making arguments along the lines of “if you think inequality is so bad, the you must love the current global recession.” Naturally, Washington Post columnist Robert Samuelson decided to hop on that bandwagon. Brad DeLong replies: Making the rich poorer by deregulating financial markets so that a bunch of overleveraged Wall Street firms fail at risk management and cause a financial crisis doesn’t make anybody ...
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Sorry if you receive multiple copiesKindly foward to those who may be interestedLet me know if you need more details.RamasamiDEADLINE FOR FULL PAPER IS 6TH DECEMBER 2008-------------------------------------------------------------------------=-------THIS IS AN INVITATION TO SUBMIT PAPERS TO BE CONSIDERED FOR THE 4TH =WORKSHOP ON COMPUTATIONAL CHEMISTRY AND ITS APPLICATIONS (PART OF ICCS =2009)ICCS 2009 will be held from 25th to 27th May 2009 at Baton Rouge, =Louisiana, U.S.A.=20Website: http://www.iccs-m... for the workshop will include aspects of computational chemistry ...Shared by G. (1)Contribute comment
