Friday, June 10, 2022

Economics Needs More Socioeconomic Diversity

The high concentration of wealth and privilege in the field deprives it of essential perspective on issues such as inequality, unemployment, and inflation.

There has been a long overdue reckoning in the field of economics when it comes to addressing disparities in race and gender, but it’s crucial that that reckoning also include socioeconomic diversity.

Publisher: Harvard Business Review
Twitter: @harvardbiz
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Climate economics: Policies change people: The makers of climate policy should rethink about how ...

"The design of climate mitigation policies relies on economic models.

Preference changes are well documented in the past: When the negative health impacts of smoking were raised in education campaigns alongside price interventions and bans, more and more people quit smoking -- economics rarely understands this as a change in preferences.

Publisher: ScienceDaily
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The graffiti economics behind Williamsburg's wall of NFTs - The Verge

Starting from the graffiti world, Masnah was surprised at how graffiti artists were selling NFT versions of their work — and how few were trying to take NFT imagery to the street.

"He flexed it," Masnah remembers. "When he put that on Twitter, it kind of blew up because no one had done it before."

Publisher: The Verge
Date: 2022-06-10T08:30:00-04:00
Author: Russell Brandom
Twitter: @verge
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3 Keys to Better Training Economics - Home Health Care News

Training can be a major differentiating factor to achieve greater retention among home-based care providers, particularly in the current staffing environment where even the smallest competitive advantage makes a difference.

And while providers know there's value in training, assigning a return on investment can be more challenging. To prove the worth of their training programs, providers often turn to "soft" ROI metrics to align value versus hard and fast returns.

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Publisher: Home Health Care News
Date: 2022-06-09T15:20:04 00:00
Twitter: @hhcarenews
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Economics in Brief: Thousands of UK Workers Try Out a Four-Day Workweek

Also, here’s how people working in philanthropy really feel about the industry, and more. 

In the biggest pilot program of its kind, more than 3,000 UK workers are participating in a four-day workweek, CNN reports .

For six months, participants in industries ranging from restaurants to a financial services company have committed to maintaining their usual productivity while working 80% of their usual hours.

Twitter: @NextCityOrg
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Economists Aren't Doing Much Economics These Days | National Review
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Publisher: National Review
Date: 2022-06-09T15:55:50 00:00
Author: Dominic Pino
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Top economics news: Japanese yen slumps; Russia eyes crypto | World Economic Forum
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Publisher: World Economic Forum
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It's Necessary: Who needs an economics lesson? Just start pointing fingers

The price of everything, from gas to gum, is rising. Inflation is eating into our wallets and our well-being. It's easy to want to blame someone for how much you're paying at the pump. This has to be someone's fault, right?

But while it might be convenient to point a finger at, say, the guy behind the Resolute Desk at 1600 Pennsylvania Ave., the story is much more complicated.

Publisher: The Enquirer
Author: Kevin Necessary
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