via Reducing risks in urban centres: think ‘local, local, local’ | International Institute for Environment and Development Urban centres can be among the world’s most healthy places to live and work – but many are among the least. How healthy they are is powerfully influenced by local government competence, local information, and support for local … More Urban Reducing risks in urban centres: think ‘local, local, local’
From the recent ILO (International Labour Organization) World Employment and Social Outlook – the changing nature of jobs publication. The part on labour and the increasing importance of international supply chains is a ‘must read’ – the economic history of today. Where are workers less likely to have a permanent contract? Increasing poverty for households … More World employment and social outlook 2015. The changing nature of jobs
uring the presidential debates, the following question was asked in more than one way to the candidates: “So what do you think is the biggest threat to US security”? The answer given by all candidates from both parties are quite scary! … More Presidential debates: What is the biggest threat to US security?
They try to explain business cycles solely as problems of information, such as asymmetries and imperfections in the information agents have. Those assumptions are just as arbitrary as the institutional rigidities and inertia they find objectionable in other theories of business fluctuations … I try to point out how incapable the new equilibrium business cycles … More Why Real Business Cycle models can’t be taken seriously
Some recent data from Eurostat: Quality of life. GDP (Gross Domestic Product) shows the accounting connection between monetary spending, production and income. But it’s only about monetary variables like debt and income. it’s not about happiness or environmental damage. Eurostat however has a new, easy multidimensional scoreboard to estimate aspects of ‘quality of life’ (health, … More Links. Recent Eurostat data. Beyond GDP, ‘Amenable and preventable death’, employment
Due to the steady fall of worker share on GDP, inequality is “quickly becoming a problem between the financial industry and the rest of the world, and the bad news is that finance is wining” (S. Keen). The graph above shows what happens to a relative stable capitalist system when the workers share of GDP begins to fall below certain levels … More Why the rich should be worried about inequality