From the New York Times: Often companies seek out our services when they’ve begun losing valued employees [because of the working conditions in their office], or a C.E.O. recognizes his own exhaustion, or a young, rising executive suddenly drops dead of a heart attack — a story we’ve been told more than a half dozen… Continue reading The trouble with bad working conditions
Author: Matt Bruenig
Locke and Hobhouse on coercion
L. T. Hobhouse and John Locke are two great British liberals separated by two centuries. But they both saw the coercion inherent in economic inequality. They both saw the way in which the person who has much can dominate and subordinate the person who has little. And they both found it reprehensible, something that must… Continue reading Locke and Hobhouse on coercion
Low child poverty: how does it work?
Here is an interesting project for enterprising data journalists who, as we know, are only about following the hard facts. Identify the countries with the lowest child poverty rates and see what’s going on with them. There is precedent for this kind of data journalism. Recall that time David Leonhardt endeavored to figure out whether… Continue reading Low child poverty: how does it work?
Reverse reparations and status quo bias
Status quo bias is a phenomenon in which the current state of affairs is taken as the baseline against which policy proposals are measured. It’s a devilishly strong bias that ensnares even the cleverest analysts, especially on economic policy topics. The status quo bias is also driving a significant amount of the anti-reparations arguments being… Continue reading Reverse reparations and status quo bias
Amartya Sen and reparations
Back in 1982, Peter Bauer wrote a book in which he, among other things, defended capitalist institutions on desert theory grounds. This was problematic because desert theory is an utter disaster as a justification for capitalism because capitalism doesn’t even remotely adhere to it. Amartya Sen, an economist who also has serious economic philosophy expertise,… Continue reading Amartya Sen and reparations