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BizJournals: The nation’s largest banks — and public companies, for that matter — are preparing for a timeout from the courtroom following years of being pummeled by shareholder and investor lawsuits in the wake of the Great Recession. At the end of 2017, the country’s largest banks collectively decreased their estimates for future legal costs …
FCW.com: “…Created by the 2010 Dodd-Frank law, the Consumer Financial Protection Bureau is one of the first federal examples of bringing in outside tech talent to deliver government services. “If you’re going to build a government agency from scratch, you’re going to get the chance to do things differently,” one former CFPB senior official told …
NBER [access req’d]: Unions and Inequality Over the Twentieth Century: New Evidence from Survey Data. Henry S. Farber, Daniel Herbst, Ilyana Kuziemko, Suresh Naidu. NBER Working Paper No. 24587 Issued in May 2018, “It is well-documented that, since at least the early twentieth century, U.S. income inequality has varied inversely with union density. But moving …
Center for Data Innovation: “The European Commission has published a package of measures entitled “Towards a common European data space,” which aims to promote the sharing and re-use of data in the European Union. The only legislative component of the package is a proposal to revise the Public Sector Information (PSI) Directive, which requires member …
Global Debt Database: Methodology and Sources. Samba Mbaye; Marialuz Moreno Badia; Kyungla Chae. May 14, 2018. “This paper describes the compilation of the Global Debt Database (GDD), a cutting-edge dataset covering private and public debt for virtually the entire world (190 countries) dating back to the 1950s. The GDD is the result of a multiyear …
World Resources Institute: “Most power generation consumes water, whether to cool steam in thermoelectric plants or power turbines for hydropower. And the global demand for both water and electricity will continue to increase substantially in the coming decades. Although growth is generally a good thing for the economy, it challenges nations—particularly ones that are water-stressed—to …
Government Efficiency and Effectiveness: Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Other Financial Benefits. GAO-18-498T: Published: Apr 26, 2018. Publicly Released: Apr 26, 2018. “Every year, we identify and report on federal agencies, programs, and initiatives with fragmented, overlapping, or duplicative goals or activities; and ways to reduce costs or enhance revenue. The …
The Guardian – Jonathan Rauch, author of The Happiness Curve, was relieved to find an explanation for his gloom – academics say adulthood happiness is U-shaped “Academics have found increasing evidence that happiness through adulthood is U-shaped – life satisfaction falls in our 20s and 30s, then hits a trough in our late 40s before …
Age and High-Growth Entrepreneurship. Pierre Azoulay, MIT and NBER; Benjamin F. Jones, Northwestern University and NBER; J. Daniel Kim, MIT; Javier Miranda, U.S. Census Bureau. March 23, 2018 “Abstract – Many observers, and many investors, believe that young people are especially likely to produce the most successful new firms. We use administrative data at the …
Martin Armstrong – Statista graphic: “Amazon is, and has been for some time, an e-commerce behemoth. No company, not even Asian counterpart Alibaba, can come anywhere near the power, presence and sheer money making ability of Jeff Bezos’ retail monster. In 2017, it posted net revenue of $177 billion (Alibaba made approximately $23 billion), and …
Washington Post: “Since 1990, more than 90 percent of U.S. metro areas have seen a decline in racial stratification, signaling a trend toward a more integrated America. Yet, while areas like Houston and Atlanta have undergone rapid demographic changes, cities like Detroit and Chicago still have large areas dominated by a single racial group. Some …
“Fiscal 50: State Trends and Analysis, an interactive resource from The Pew Charitable Trusts, allows you to sort and analyze data on key fiscal, economic, and demographic trends in the 50 states and understand their impact on states’ fiscal health…States have regained much of the fiscal and economic ground they lost in the Great Recession, …
