#inequality gap

[economicsresearch]

page 547 -

Professor Mankiw are you reading these? I don't want to be doing this anymore. My talents are better served elsewhere; the opportunity cost of having me do this scandalous drudge work. Well, it's embarrassing for the department and the institution.

I spent six hours creating something that seems to be a logo for a bakery based on the Lorenz Curve. I am not interested in how income is distributed and I just want to eat bread, not bake it. I am VERY interested, however, in seeing my income represented as a data point as far towards the top and right of a Lorenz curve as is possible. And that isn't going to happen without my new book being published, and my new book isn't going to be published unless I can actually get it done and these inane blog posts are STOPPING ME FROM ACCOMPLISHING THAT.

Professor Mankiw please respond so we can discuss this.

[miiju86]

let that sink in....

[o9c4com]

# Fractured World | Anon Channel | Flickr Discussions Topic

What is The Fractured World. The Ethics of Responsibility. Leadership for a Fractured World: How to Cross Boundaries, Build Bridges, and Lead Change. To heal a fractured world. Building empathy in a fractured world. Faithful Witness in a Fractured World. But what is already clear is that the change is already doing a lot of damage and the global economy will take years to recover. Developing economies accounting for more than half of the world's poorest people need urgent debt relief as a result of cascading global crises. The value of strong multilateral cooperation in a fractured world. The complex challenges of a global pandemic, climate emergency, inequality and the risk of nuclear conflict cannot be dealt with by one country or one region alone. Restoring Trust in a Fractured World. We do not have a clear sense of the challenges that the new global economy will pose to human communities in the future, but we are starting to perceive its possible effects in two additional areas: the loss of natural reserves that sustain human life and the inequality gap in well-being and wealth distribution.

[profeminist]

“Can we all agree that cooking & cleaning is a basic life skill and not a gender role??????” 

- @unknwns0ul (page deactivated)

[allthecanadianpolitics]

Canada is in deep crisis. It’s unfashionable in centrist circles to say so, but it’s true. The country is literally on fire and facing extraordinary and growing threats from climate change. It is staring down rising extremism, creeping toxic polarization, and low trust. Wealth inequality is on the rise. Its federal system is showing cracks, particularly when it comes to the relationship between Alberta and the national government. Oligopolies and monopolies run wild, exploiting consumers.

There are plenty of other problems too. But of the lot, the confluence of a few major challenges scream, House of cards coming down! Those are the country’s housing crisis, consumer debt, and high — and potentially rising — interest rates. Taken together, they paint a picture of working people staring down lives they can’t afford in the day-to-day. This hellish scenario persists, no matter how hard people work, and no matter how rigidly they follow the rules of the game — rules they were told are fair and just.

Full article

Tagging: @politicsofcanada

[politijohn]

Source

Top 1% of Americans own 31% of US wealth

Bottom 50% of Americans own just 2.5%

Only 19% of Americans feel better off financially compared to a year ago

35% feel worse off compared to last year

[whenweallvote]

Today is Equal Pay Day. On average, a woman in the U.S. has to work until today — March 12th — to earn what a man was paid in the year prior. 🪙🙅🏽‍♀️💵

This #EqualPayDay, join us in bringing awareness to the gender wage gap, which is even wider for women of color. 

The politicians WE elect can implement reforms that address pay inequality across industries. Make sure you’re registered to vote NOW at weall.vote/register.

[mindblowingscience]

A new study shows that female academics are significantly underrepresented in winning academic prizes and having awards named after them. Analysis of nearly 9,000 awardees and 346 scientific prizes and medals published in Nature Human Behaviour has found that men win eight prizes for every one won by a woman if the award is named after a man. These awards represent almost two-thirds of all scientific prizes. Female academics are, however, more likely to win awards that have been named after other notable female scientists, with 47% of those awards going to women and 53% to men. Dr. Katja Gehmlich, Associate Professor in the Institute of Cardiovascular Science at the University of Birmingham and joint lead author of the study, said, "The gender gap between awardees in scientific prizes is sadly a product of a long, systematic issue of poor representation of women in sciences. Despite decades of efforts to rebalance this issue, our study shows that women are still poorly recognized for their scientific contributions, and men are far more likely to win prizes and awards, in particular, if those awards are named after other men.

Continue Reading.

[smarmy-yet-satisfying]

New goal unlocked: Make billionaires cry

Cyber bully billionaires. If you have the opportunity, bully them to their faces. Make them cry. Make them scared to leave their houses. Terrorize them.

Break out the guillotine if you’re feeling ambitious.

[queerism1969]

If your employees can’t afford rent off your wages then you shouldn’t be in business.

[alwaysbewoke]

[economicsresearch]

page 547 - football spiral

[radicalrascal]

Pay Me Like A White Man Acrylic Pin 💕

Check It Out Here ✨

[aspiringbogwitch]

[odinsblog]

“White people claiming that American society is merit-based is like claiming they won a race when their opponent has their hands and legs bound.

The myth of meritocracy claims that Americans live in a fair, equal society, where hard work and resilience are the factors most responsible for shaping our lives. Under this theory, nothing stops anyone from succeeding other than, perhaps, themselves. This worldview may seem like a harmless attempt to encourage self-determination until you discover the carpet doesn't match the drapes. Once you realize that racism hinders equality, the myth of meritocracy is left bare and exposed, like the emperor, who wasn't wearing any clothes.

While the myth of meritocracy attempts to justify racial disparities as normal, this worldview is challenged by the data.

According to The Survey of Consumer Finances, the wealth of a typical White household was 7.8 times that of the typical Black household. Faced with this stark reality, many would concede that racist laws, policies, and practices created and maintained this racial wealth gap, while others, those who endorse the myth of meritocracy, would insist that Black people don't work hard enough. If they punched the clock more often, then all of their suffering would be alleviated, those endorsing the myth expect us to believe.

Many endorse racial stereotypes to justify racial disparities, calling Black people lazy or making other blanket claims to disparage the state of the black family.

It's easier for some White people to believe the world is fair than to commit to doing their part to make it so.”

—Allison Wiltz

[allthecanadianpolitics]

A new report is detailing how poorly all levels of government are doing when it comes to addressing poverty in Canada.

Food Banks Canada issued a first-of-its-kind "report card" for all provincial and territorial governments on how it is addressing food insecurity, poverty and reduction efforts.

According to the report published on Tuesday, Canada overall received a D+ for its efforts.

"All governments in Canada are proving quite frankly inadequate in their approach to poverty reduction across the board," Kirstin Beardsley, CEO of Food Banks Canada, told CTVNews.ca in an interview. "We need to see more action everywhere."

Full article

Tagging: @politicsofcanada