Berfrois

Seach Results for "Inequality" (149)

Does lack of income take away the brain’s horses?

by Daniel Lende And I don’t mean the pretty horses people ride, but the hippocampus (or sea horse) circuits in your brain, which are crucial to memory. New research in PLoS One, Association between Income and the Hippocampus, demonstrates a link between lower socioeconomic status and lower hippocampal grey matter density. In Wednesday’s round-up I…

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Capital Thinker

Capital Thinker

From The Chronicle Review: Praising Karl Marx might seem as perverse as putting in a good word for the Boston Strangler. Were not Marx’s ideas responsible for despotism, mass murder, labor camps, economic catastrophe, and the loss of liberty for millions of men and women? Was not one of his devoted disciples a paranoid Georgian…

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1%

1%

From Vanity Fair: It’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has…

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The idea of economics as a science is a position designed to obscure questions of justice, humanity and history…

N30, Seattle, 1999 by Nitasha Kaul These are despairing times for ever increasing numbers of people around the globe who are fighting for jobs, food and shelter. The fundamental questions of economic justice are violently propelled back on the world’s agenda after a lost decade of ubiquitous security and terrorism concerns. Addressing these questions of…

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How long can the CCP stall real democratic change?

by Martin Shaw The popular risings in the Arab world belong to a wider historical process of worldwide democratic advance. But the disastrous events of the post-9/11 decade have made it far slower and more conflictual than was needed. The epic events across the Arab world in the first months of 2011, diverse and many-sided…

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‘Today’s super-rich are increasingly a nation unto themselves’

From The Atlantic: If you happened to be watching NBC on the first Sunday morning in August last summer, you would have seen something curious. There, on the set of Meet the Press, the host, David Gregory, was interviewing a guest who made a forceful case that the U.S. economy had become “very distorted.” In…

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Mistress of Despair!

From Poetry: I’m an economist. Yet poetry is my first stop on the way to invention—discovery of metaphors. No matter the audience, a model is a metaphor. Not every economist understands that. Poetry can fill the gap between reason and emotion, adding feelings to economics. For example, Horace helps me relate to abstract mathematical theorists—colleagues…

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Geert Wilders is not Liu Xiaobo

Geert Wilders is not Liu Xiaobo

by Markha Valenta Cas Mudde was quite right to point out recently how liberal arguments are being used in the interests of illiberal attacks on Muslims. However, in the Dutch case this reflects anything but a progressive national consensus It is rather striking, at first sight, to note how much the Dutch politician Geert Wilders…

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Search and Market Frictions

by Barbara Petrongolo The 2010 Nobel Prize in Economics has been awarded to Peter Diamond, Dale Mortensen, and Christopher Pissarides “for their analysis of markets with search frictions”. This column explains how their research relates to fundamental economic issues that are both at the core of the wellbeing of society at large and now near…

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