Inequality & Distribution
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Conference paper
The Precariat under Rentier Capitalism
Oct 2017
The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase has been dominated by an ideology of market liberalisation, commodification and privatisation, orchestrated by financial interests, as in his model. The similarities also extend to today’s fundamental challenge, how to construct a ‘re-embedded’ phase, with new systems of regulation, distribution and social protection.
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Conference paper
Explaining Dualism in a Gender Perspective: Gender, Class and the Crisis
Oct 2017
In the economic literature, several scholars have addressed the narrative of a two-stage European crisis. In a first stage, the so-called “he-cession”, men would have been hit the most by the economic recession induced by the financial crisis. Shortly thereafter, in the “she-austerity” stage, women would have suffered the heaviest burdens of the fiscal retrenchment measures. If that were the case, the policy response to the crisis would be producing an increase in the – already high pre-existing – gender inequality.
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The Growth of a Dual Economy
Oct 21, 2017 | 05:00
“Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies.
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Reawakening
PlenaryFrom the Origins of Economic Ideas to the Challenges of Our Time
Oct 21–23, 2017
INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.
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Festival for New Economic Thinking
YSI
ConferenceOct 19–20, 2017
The Festival for New Economic Thinking is a collaborative initiative of several organizations, and aims to bring together those who seek to improve how economics is taught, studied and practiced.
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How Economists Turned Corporations into Predators
Oct 5, 2017
The Idea That Businesses Exist Solely to Enrich Shareholders Is Harmful Nonsense
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Puerto Rico Is Getting Squeezed, and It Will Cost All of Us
Sep 12, 2017
The path of austerity could spread economic pain and social woes far beyond the Caribbean island, says public debt expert Martin Guzman
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Is Poverty More Worrying than Inequality?
Sep 6, 2017
Xavier Gabaix argues that public policies should prioritize alleviating deprivation at the bottom over narrowing the rich-poor gap
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How Elite Financial Networks Rule the World
Aug 30, 2017
Personal connections are key to understanding concentrations of wealth and power
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How About that Looming Robotic Job Apocalypse?
Aug 16, 2017
Why we should worry about job quality, not quantity—or robot overlords
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Surprise: The 1% Is Overrepresented in the Ivy League
Aug 11, 2017
New research shows that access to elite colleges varies by parents’ income—reinforcing inequality across generations
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Why Tax Cuts for the Rich Solve Nothing
Aug 1, 2017
Back-room deals on corporate tax reform won’t increase growth
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Working paper
Diversity in Economics: A Gender Analysis of Italian Academic Production
Aug 2017
Economists’ infamous failure at predicting the recent financial crisis has brought new impetus to studies on diversity in the economics profession. Such studies have underlined how diversity plays a prominent role in enriching economic analyses.
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YSI Workshop @ 2017 ECLAC Summer School on Latin American Economies
YSI
WorkshopJul 24–26, 2017
The YSI Latin America Working Group is hosting a workshop at the United Nations ECLAC Summer School on Latin American economies.
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The Retirement Wealth Inequality Machine
Jul 12, 2017
Professor Ghilarducci describes the roadblocks to securing retirement and retirement plans beyond the 401k.