archive

Work, wages, and well-being

Kanchan Sarker (Grant MacEwan): Economic Growth and Social Inequality: Does the Trickle Down Effect Really Take Place? It's money that matters: Economic inequality is the social division we should be worrying about. Those in the lower-income groups are in a much, much deeper hole than the general commentary on the recession would lead people to believe. Fifteen million Americans want work, few companies want to hire, the burden shifts to the government — what can it do? Here are five myths about how to create jobs. Lay off the layoffs: Our overreliance on downsizing is killing workers, the economy and even the bottom line. Etay Zwick on how Wall Street transformed work in America. From The Washington Monthly, who broke America’s jobs machine? Why creeping consolidation is crushing American livelihoods; and a review of Crash Course: The Automobile Industry’s Road from Glory to Disaster by Paul Ingrassia (and more and more and more and more). A review of The Economics of Integrity: From Dairy Farmers to Toyota, How Wealth Is Built on Trust and What That Means for Our Future by Anna Bernasek. A review of Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being by George Akerlof and Rachel Kranton. One of the lessons of the corporate job-shredding Great Recession we have just been through is that we really do need more handmade cabinets, and fewer cube dwellers — if we learn to value vocation again, this recession will have been a blessing indeed. The introduction to The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World by Amar Bhide. The first chapter from The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times, ed. David S. Landes, Joel Mokyr and William J. Baumol.