According to The Economist’s latest “Glass Ceiling Index” — which draws on data from a variety of sources, such as the OECD, European Union, and the International Labor Organization — the following are the best (and worst) developed countries to be a working woman, as determined by several weighted indicators ranging from educational attainment to paid maternity leave. Continue reading
On this International Day of Peace, it would seem perverse to celebrate the idea of world peace in the midst of ongoing and horrific conflicts in Syria, Yemen, Ukraine, and elsewhere, each persisting with no apparent end in sight.
But as Oxford academic Max Roser makes vividly clear at Our World in Data, humanity has in fact come closer than ever to widespread peace and prosperity, even if we still have quite a long way to go. This might seem counter-intuitive given the prevalent notion that the world is coming apart from all sides. But the data are resoundingly clear:
The post recession world has, understandably, been a deeply cynical place, and a major indicator of this is the historically high level of distrust of corporations, if not the U.S. economy in general. As The Economist reported:
The share of Americans who hold “very” or “mostly” favourable opinions of corporations has fallen from 73% in 1999 to 40% today, according to the Pew Research Centre. Surveys by Gallup of views on big business show less extreme swings, but point in the same direction (see chart). Over 70% of America’s population believes that the economy is rigged in favour of vested interests.
Such growing hostility to business is in evidence across the rich world. Britain’s decision in June to leave the European Union was driven in part by popular discontent with big business, which had lobbied heavily to remain. Many continental Europeans are becoming ever more vocal in expressing their long-standing doubts about “Anglo-Saxon capitalism”.
This backlash against big business is already having an impact on policymakers. The antitrust division of America’s Department of Justice says that under President Obama it has won 39 victories in merger cases—deals blocked by courts or abandoned in the face of government opposition—compared with 16 under George W. Bush. Those victories included a string of blockbuster deals such as Comcast’s proposed bid for Time Warner Cable and Halliburton’s planned takeover of Baker Hughes. The European Union has launched a succession of tough measures against Silicon Valley’s tech giants, such as asking Apple to stump up billions of euros in allegedly underpaid taxes in Europe, and allowing European news publishers to charge international platforms such as Google that show snippets of their stories. Britain’s new prime minister, Theresa May, has said that she may cap CEO pay and put workers on boards. Governments worldwide have started co-operating to curb the use of tax havens.
The United States is facing an opioid and heroin epidemic that is killing and harming record numbers of people; more people died of overdoses in 2014 than in any other year on record.
One of the latest and most troubling images of this problem was a widely circulated photo of a couple passed out in their car with their four year old left watching from the back city. The City of East Liverpool, Ohio saw fit to share the photo on its Facebook profile to “show the other side of this horrible drug”. Continue reading
The 2016 Olympics in Rio came and went with the usual bevy of political and social troubles — though in fairness, the games have been tainted with controversy and poor sportsmanship since their inception in ancient times. Brazil, like most Olympic hosts, will no doubt continue to endure the economic and political repercussions, and such problems should not be discounted.
But for all those issues, I think it is worth looking at the bad with the good, and thankfully this year’s Olympics had plenty of touching milestones worth appreciating. Consider the following: Continue reading
It has become something of a cliche that liberty and security are at inherent odds with each other, and that strengthening one necessarily requires weakening the other. Most citizens of a democracy would ostensibly prefer less security in favor of more liberty — better to die free than to live as a slave, etc. But it is more complicated than that, because clearly one needs security — be it from war, civil unrest, or even natural disasters — to allow the conditions for democracy to emerge and function.
It is no coincidence that democracy historically, and to this day, takes roots in places that are stable and mostly free from existential threats. The United Kingdom, whose liberal and constrained parliamentary monarchy formed the basis of the United States’ owns democratic ideals, was an island nation that had not been successfully threatened or invaded since the early 12th century. The U.S. enjoyed, and continues to enjoy, an entire hemisphere without any remotely hostile, let alone viable, competitor, and has two big oceans to buffer it from the rest of the world. Both countries had the fortune of being able to experiment with freer forms of government without needing to rely on iron rule to protect them. Continue reading
In this wonderfully globalized world of ours, we take for granted just how varied and plentiful our food supply is (at least in the more developed and interconnected parts of the world). But so much of what we see on store shelves and restaurants would have literally been unheard of not long ago, let alone a significant and growing part of our staple diet.
NPR’s The Salt column reports on a study that has mapped out and traced where nearly all the world’s cultivated crops originated from. It found that more than two-thirds (69 percent) of the crops that form a key part of national diets — from Thai chilies to Italian tomatoes — in fact came from somewhere else. Continue reading
This coming January, the guaranteed basic income will go on trial in the Dutch city of Utrecht, where 250 citizens will receive a flat sum of €960 per month (about $1,100) for two years. The experiment is a collaborative effort between the local government and the Utrecht University School of Economics, and is partly motivated by a desire to find an alternative to the Netherlands’ present welfare system, which many believe it both wasteful and of little benefit to its recipients.
As The Atlantic reports:
The Utrecht proposal—called “Weten Wat Werkt,” or “Know What Works”—includes six test groups, the members of which will receive slightly different stipends under slightly different conditions. In addition to the group that will receive €960 per month without any work obligations, there is a group that will be given that, plus an additional €150 at the end of the month if they provide volunteer services, such as doing maintenance work on schoolyards. And there is another that will have the same option to volunteer, but will get the money at the beginning of the month and have to return it if they don’t volunteer. “Human behavior is always unpredictable,” Groot says. “We want to know what motivates people, what people respond to.”
There are three other test groups. One is made up of welfare recipients who will keep receiving their benefits, but without their usual work obligations. Another is made up of welfare recipients who expressed interest in receiving the €960 stipend but will continue to receive only standard benefits. And then, lastly, there is a control group of welfare recipients who wanted to keep receiving their usual benefits.
Many believe, myself included, that this is an idea whose time has come. Philosophers and economists across the political spectrum have been exploring variations of this concept for centuries, from Enlightenment thinkers like Thomas Paine, to libertarians such as Milton Friedman and Friedrich Hayek — even Nixon proposed a similar idea. Continue reading