Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Category Archives: Economy

NAP’s Guide to Science Issues and the State of the Union

“The 2015 State of the Union address focused on topics such as 21st century skills, climate change, and cybersecurity. The National Academies Press provides resources directly related to these national issues. A selection has been highlighted below. We’ve posted the full transcript of the President’s speech, annotated with lists of our related materials. Read our completeContinue Reading

Worker’s expectations about losing and replacing their jobs: 35 years of change

BLS, January 2015:  “Workers were less secure about retaining their jobs in 2010 and 2012 than in 1977 and 1978; they also were less secure about the ease with which they would find a comparable job if they were separated. As might be expected, the two measures of job security track unemployment, although other factorsContinue Reading

Temporary Assistance for Needy Families: Spending and Policy Options

CBO Report – “Temporary Assistance for Needy Families (TANF) is a federal program that provides cash assistance, work support, and other services to some low-income families. The cash assistance is generally limited to families with income well below the poverty threshold and few assets; it goes to roughly 2 million families per month, most ofContinue Reading

Intellectual Property and Trust in the Age of Digital Media

Tonia Ries – Media Sources: Search Engines Now Most Trusted “The 2015 Edelman Trust Barometer reveals a new formula for building trust, one in which engagement carries a multiplier effect. Engagement and ongoing communication and dialogue with multiple stakeholders are both more critical than ever, but also more difficult to execute well. Today’s reality isContinue Reading

International banking statistics at end-September 2014

“The Bank for International Settlements (BIS) today released international banking statistics at end-September 2014. International banking activity continued to expand in the third quarter of 2014. The $493 billion quarterly expansion in global cross-border claims boosted the annual growth rate to about 5% at end-September 2014 from 1% at end-June 2014. The increase in cross-borderContinue Reading

New Working Papers – Bank for International Settlement

Working Papers: Global dollar credit: links to US monetary policy and leverage Secular stagnation, debt overhang and other rationales for sluggish growth, six years on Credit booms: implications for the public and the private sector Trilemmas and trade-offs: living with financial globalisation Understanding the role of debt in the financial system

Does income inequality hurt economic growth?

Focus on Inequality and Growth – OECD – December 2014. Directorate for Employment, Labour and Social Affairs. “Widespread increases in income inequality have raised concerns about their potential impact on our societies and economies. New OECD research shows that when income inequality rises, economic growth falls. One reason is that poorer members of society areContinue Reading

The Financial Risk from Global Warming

Covington, Howard and Thamotheram, Raj, The Case for Forceful Stewardship (Part 1): The Financial Risk from Global Warming (January 19, 2015). Available for download at SSRN: “If it reaches 4° or more, global warming may cause severe economic damage with the consequence that a significant portion of the value of a diversified equity investmentContinue Reading

Wealth: Having It All and Wanting More

Oxfam International Report: “Global wealth is increasingly concentrated in the hands of a small wealthy elite. These wealthy individuals have generated and sustained their vast riches through their interests and activities in a few important economic sectors, including finance and insurance and pharmaceuticals and healthcare. Companies from these sectors spend millions of dollars every yearContinue Reading

The Digital Arms Race: NSA Preps America for Future Battle

Spiegel Online – The NSA’s mass surveillance is just the beginning. Documents from Edward Snowden show that the intelligence agency is arming America for future digital wars — a struggle for control of the Internet that is already well underway, by Jacob Appelbaum, Aaron Gibson, Claudio Guarnieri, Andy Müller-Maguhn, Laura Poitras, Marcel Rosenbach, Leif Ryge,Continue Reading

Deep Misalignment Between Corporate Economic Performance, Shareholder Return And Executive Compensation

IRRC Institute and Organizational Capital Partners – November 17, 2014 – “For the vast majority of S&P 1500 companies, there is a major disconnect between corporate operating performance, shareholder value and incentive plans for executives. New research details how an over-reliance on traditional short-term accounting metrics and total shareholder return obscures a line of sightContinue Reading

Network Brokerage: brokerage and closure

“This is the first of a two-part review of the way in which certain network structures create advantage. I focus on replicated research results (occasionally presenting new results that link replicated results) concerning the two core principles about network advantage: brokerage and closure. This first part is about brokerage. The argument is that information andContinue Reading