The field of economics has been far from immune from discrimination and racism. George Stigler, a 1982 Nobel laureate, argued in 1965 that Black people were inferior as workers and that the solution was in fostering "the willingness to work hard" (Stigler 1965). This was not an exception: it reflected biases of economists and economic institutions of the time.
The economic debate has progressed since Stigler's 1965 piece. Gary Becker, a 1992 Nobel laureate, demonstrated in his 1971 Economics of Discrimination that discrimination from several factors, including race, reduces the real income of both its target and the perpetrator.
And here's another article:
Sperax Accelerates DeFi Adoption With Trusted Blockchain Protocol and Unique Token Economics |
With its innovative BDLS consensus protocol, Sperax offers a high-performance module that is more secure than other BFT-based consensus protocols. Sperax BDLS consensus research work has been recognized by IEEE INFOCOM Symposium as well as ACCESS that highlights world-class research in coding theory and cryptography.
Built on a trusted blockchain infrastructure, Sperax token economics is designed to allow cryptocurrency to be used in real-world applications and to encourage all participants to be long term ecosystem partners. Sperax ecosystem issues the SPA network token and the sCOIN stablecoin to incentivize developers and enable scalable decentralized financial applications.
Hawley advocates for support of farmers' economics in virtual hearing on laborers' overtime | The
Assemblyman Steve Hawley recently testified in a virtual Zoom New York State Department of Labor public hearing regarding an upcoming decision on resetting the overtime threshold for farm laborers.
Concerned with the rashness of the actions attempted to be taken on this issue, during a pandemic, Hawley suggested that a delay in the decision-making would be most advantageous for farmers and their farms, and that the state should be doing as little as possible to interfere with their already modest margins.
Economist weighs in on Wexner Center for the Arts cuts, entertainment industry impacts | WSYX
And here's another article:
Transaction Cost Economics in the Digital Economy: A Research Agenda - Harvard Business School
Transaction Cost Economics (TCE) theory has played an important role in understanding when it is more efficient for a transaction between two parties to occur within the market or within an organization. However, as more transactions occur in a digitally-mediated fashion, open questions remain as to how TCE applies in the digital economy.
XAG Explained with Economics of Mutuality: How Agtech Drives Post-COVID Business Growth
GUANGZHOU, China , Sept. 1, 2020 /PRNewswire/ -- Co-hosted by Mars Economics of Mutuality (EoM) Foundation and the American Chamber of Commerce in China (AmCham China), the international seminar themed Why Does Purpose as A Strategy Make A Difference in Today's Post-COVID World ? was held online on August 27 .
This seminar was part of the Mars EoM program series, which aims to explore a more sustainable and inclusive path forward that helps business thrive in the post-COVID era. Based on fifteen years of in-depth academic research and business practice, the Economics of Mutuality is a ground-breaking management innovation that empowers companies to seek a purpose that goes beyond profit maximisation.
Oil rises with global economic data pointing to demand rebound - HoustonChronicle.com
Oil edged higher with a pickup in economic activity in the U.S. and China stirring hopes that a pronounced recovery in crude consumption may be underway.
Futures advanced 0.4% in New York on Tuesday, tracking a move higher in U.S. equities to fresh records. U.S. manufacturing expanded in August at the fastest pace since late 2018 and a private gauge of China factory activity last month grew at the quickest pace since January 2011.
Investors are also assessing supplies in the U.S. Domestic crude stockpiles are expected to decline 2 million barrels week, according to a Bloomberg survey. The industry-funded American Petroleum Institute will release inventory data later Tuesday ahead of a U.S. government tally on Wednesday.
Least favoured organisation - The WTO's outgoing boss leaves behind a hobbled body | Finance
WHEN ROBERTO AZEVÊDO, the director-general of the World Trade Organisation (WTO), departs on August 31st, he will leave an institution in a wretched state. The WTO's 164 members could not agree even on an interim successor (Mr Azevêdo is going a year early, and will take a job at Pepsi, a drinks manufacturer). Only one global trade negotiation has been completed in 25 years.
His complaint centres on the ideal of the "most favoured nation" (MFN), or non-discrimination, principle: the WTO's members should apply the same tariffs to all their trading partners. For example, America should apply the same tariff to imports from China as it does to goods made in Europe. A cut in tariffs agreed with one country should, by the same principle, be extended to all others.
Happening on Twitter
This is why I say again and again, covering race, racism and racial inequality requires expertise just as much as c… https://t.co/MzZiUFPGfm nhannahjones (from nhannahjones@nytimes.com) Mon Aug 31 14:10:05 +0000 2020
.@mattwalshblog: Kids are being indoctrinated to believe that racism has nothing to do with hating someone because… https://t.co/CTT15TG0GI prageru (from Los Angeles) Wed Sep 02 03:13:00 +0000 2020
"No amount of A.I. can save white America's soul." My reflection on race and tech, inspired by @TochiTrueStory incr… https://t.co/LZPr5tCUQ5 cmcilwain (from Brooklyn, NY) Tue Sep 01 01:07:54 +0000 2020
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