You get the same sense when you listen to the female economists throwing themselves into the still very male dominated economics field. A kind of collective 'you're kidding me, right? These five female economists are letting the secret out - and inviting people to flip the priorities. A growing number are listening - even the Pope (see below).
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All these economists want the state to play a major role. Women understand viscerally how reliant the underdogs of any system are on the inclusivity of the rules of the game. "It shapes the context to create a positive sum game" for both the public and business, says Perez. You need an active state to "tilt the playing field toward social good." Perez outlines five technological revolutions, starting with the industrial one.
In case you are keeping track:
China's Barely Begun Economic Recovery Shows Signs of Stalling - WSJ
SHANGHAI—China's economic recovery hit a speed bump in May as the coronavirus pandemic began curbing the world's demand for Chinese goods.
More and more Chinese factories have reopened for work in the past three months as authorities have eased their once-aggressive coronavirus measures. But now they are facing the dire reality of falling orders from overseas customers.
Letter to the Editor: Bring back home economics class - Portland Press Herald
Ms. Williams is one of many seamstresses and tailors who have put their sewing skills to good use during this pandemic.
I have been struck by the thought that somewhere these people acquired sewing skills. There have been a handful of these helpers being teenagers. But the bulk of those highlighted seem to be of the age where it is likely they learned how to sew in a Home Economics class.
The Finance 202: Nationwide protests highlight minority frustration with economic disparities -
A demonstrator confronts a line Shelby County Sheriff's deputies while trying to cross the Harahan Bridge in Memphis, Tenn. (Daily Memphian via AP)
As Christopher Ingraham writes , the city Floyd called home has one of the country's more dramatic splits between haves and have-nots along racial lines. " The typical black family in Minneapolis earns less than half as much as the typical white family in any given year, " Chris wrote over the weekend. Indeed, the median black family in the city earned $36,000 in 2018, $47,000 less than the median white family, one of the largest such differences in the country.
Quite a lot has been going on:
The Economic Crisis Has Entered A New Phase
And...action! Chinese President Xi Jinping reaches to vote on a piece of national security ... [+] legislation concerning Hong Kong during the closing session of China's National People's Congress last Thursday. (AP Photo/Mark Schiefelbein)
The pandemic caused a widespread health crisis that has led to an economic crisis that may take longer to recover than anybody has been able to price in. We've entered the second phase of our pandemic-infused national drama, Barclays Capital analysts say.
Analysis: The economics of COVID-19 nursing home testing – Idaho Business Review
Despite widespread economic toll, most Americans still favor controlling outbreak over restarting
Americans are nearly as divided along partisan lines when asked whether they are willing to go to stores, restaurants and other public places "the way you did before the coronavirus outbreak." Two-thirds of Republicans say they are willing to resume such activities, compared with 4 in 10 independents and fewer than 2 in 10 Democrats. Overall, 58 percent of Americans say it is "too early" to go to stores, restaurants and other public places the way they did before.
Overall, 42 percent say they personally know someone who has been diagnosed with the coronavirus, a sharp increase from 11 percent who said this in late March.
View: Future of global economic order - The Economic Times
Happening on Twitter
Proud to be part of this story on new economic thinking and so cool all are women! Even better 3 out of 5 are in… https://t.co/KF6HISjEO5 MazzucatoM (from London) Sun May 31 20:17:53 +0000 2020
It's time to usher in a new economic era...https://t.co/KctM1RcNuL marwilliamson Sun May 31 19:48:29 +0000 2020
"5 Economists Redefining… Everything. Oh Yes, And They're Women" @Forbes https://t.co/1FlCVd6eWB CKemfert (from Berlin, Deutschland) Sun May 31 21:50:50 +0000 2020
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