Category «Economy»

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 year …

Subjects: Economy, Financial System, Poverty

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, …

Subjects: Civil Liberties, Defense, Economy, Government Documents, Patriot Act, Privacy

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 sight …

Subjects: Economy, Financial System

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 and …

Subjects: Economy, Financial System

Obama’s State of the Union address includes tax relief for middle class

White House FACT SHEET: A Simpler, Fairer Tax Code That Responsibly Invests in Middle Class Families “Middle class families today bear too much of the tax burden because of unfair loopholes that are only available to the wealthy and big corporations. In his State of the Union address, the President will outline his plan to …

Subjects: Congress, Economy, Financial System, Government Documents

Tax Reform and Infrastructure Investments to Boost our Economy

Mark J. Mazur – 1/16/2015 – “​Today, the Vice President spoke about the importance of investing in our infrastructure.  These important investments would not add a dime to the deficit — they would be paid for by implementing another priority for the Administration, namely reforming our broken business tax system.  Revenue-neutral business tax reform would …

Subjects: Economy, Financial System, Government Documents

How Changes in Immigration Policy Would Affect the Federal Budget

“During the past two years, the Congress has considered proposals to modify the nation’s immigration system. The Border Security, Economic Opportunity, and Immigration Modernization Act (S. 744), passed by the Senate in June 2013, addresses multiple facets of immigration policy, including changes to the existing visa system, improvements in border security and law enforcement, and …

Subjects: Congress, Economy, Government Documents

Low Income Students Now a Majority in Public Schools

Southern Education Foundation: A New Majority – Low Income Students Now a Majority In the Nation’s Public Schools, January, 2015. “Low income students are now a majority of the schoolchildren attending the nation’s public schools, according to this research bulletin. The latest data collected from the states by the National Center for Education Statistics (NCES), show that 51 percent …

Subjects: Economy, Education, Financial System, Health Care, Poverty

Implications of a Supreme Court Finding for the Plaintiff in King vs. Burwell

Urban Institute – Linda J. Blumberg, Matthew Buettgens, John Holahan. The Implications of a Supreme Court Finding for the Plaintiff in King vs. Burwell: 8.2 Million More Uninsured and 35% Higher Premiums, January 8, 2015. “The Supreme Court will hear the King v. Burwell case, in which the plaintiff argues that the ACA prohibits payment of premium tax …

Subjects: Courts, Economy, Financial System, Health Care, Legal Research

Regulatory agencies release public sections of resolution plans

“The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today made available the public portions of resolution plans for firms with generally less than $100 billion in qualifying nonbank assets, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Dodd-Frank Act requires that certain banking organizations with total …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

World Bank – Fragile Economic Recovery Faces Risks

World Bank Group’s Global Economic Prospects – Having Fiscal Space and Using It (GEP) report: “The global economy is still struggling to gain momentum as many high-income countries continue to grapple with legacies of the global financial crisis and emerging economies are less dynamic than in the past. Global growth in 2014 was lower than initially expected, continuing …

Subjects: Economy, Financial System, Government Documents

Eurozone Bank Resolution and Bail-In – Intervention, Triggers and Writedowns

Conlon, Thomas and Cotter, John, Eurozone Bank Resolution and Bail-In — Intervention, Triggers and Writedowns (January 12, 2015). Available for download at SSRN: http://ssrn.com/abstract=2548770 “The European Union has recently introduced the Single Resolution Mechanism (SRM) to provide a consistent set of rules concerning Eurozone bank resolution. In this study, we retrospectively examine the implications of …

Subjects: Economy, Financial System