Shane's Feed
Mar 12, 2014
via Counterparties

Slacktivist monetary policy

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How much slack is there in the labor market? That is, how close is the American labor market to full employment? The answer to that question is important, says Evan Soltas, because estimating whether the economy is near its potential affects what, if anything, policymakers actually do to help the economy. No one is quite sure, but Paul Krugman argues against the emerging consensus that says “even though we still have huge unemployment, we’re actually running out of employable workers”.

Mar 12, 2014
via Equals

More work and less play for women around the world

The Organization of Economic Cooperation and Development has a new report out for International Women’s Day showing how men and women in 26 different countries spend their time. It shows that women spent significantly more time during the day working without pay.

Here’s the percentage breakdown of unpaid work — childcare, household chores, etc. — for each country by gender, including the average (the bar on the far right):

Mar 12, 2014
via Equals

More work and less play for women around the world

The Organization of Economic Cooperation and Development has a new report out for International Women’s Day showing how men and women in 26 different countries spend their time. It shows that women spent significantly more time during the day working without pay.

Here’s the percentage breakdown of unpaid work — childcare, household chores, etc. — for each country by gender, including the average (the bar on the far right):

Mar 10, 2014
via Data Dive

Charting the Malaysian airliner disappearance

For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing. Here’s a map of the plane’s last known location: 

There are numerous theories as to why the plane disappeared, but nothing concrete. Here’s Reuters with one scenario:

Mar 10, 2014
via Data Dive

Charting the Malaysian airliner disappearance

For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing. Here’s a map of the plane’s last known location: 

There are numerous theories as to why the plane disappeared, but nothing concrete. Here’s Reuters with one scenario:

Mar 7, 2014
via Counterparties

Weather or not

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Mar 7, 2014
via Counterparties

Weather or not

Welcome to the Counterparties email. The sign-up page is here, it’s just a matter of checking a box if you’re already registered on the Reuters website. Send suggestions, story tips and complaints to Counterparties.Reuters@gmail.com.

Mar 7, 2014
via Counterparties

What we know about income inequality: Unions on the decline

There are a lot of things that “explain” inequality. Technology, finance, societal, and cultural changes have all played their part. In this series, Counterparties takes a look at the various things that correlate with rising income inequality in order to ascertain how we got to this economy and where we might go from here. For story tips/comments/complaints email us at Counterparties.Reuters@gmail.com.

In February, the United Auto Workers lost a fight to unionize workers at a Volkswagen plant in Tennessee. The vote was taken as a symbol for all organized labor in the South — particularly because Volkswagen was tacitly supportive of the unionization movement.

Mar 7, 2014
via Counterparties

What we know about income inequality: Unions on the decline

There are a lot of things that “explain” inequality. Technology, finance, societal, and cultural changes have all played their part. In this series, Counterparties takes a look at the various things that correlate with rising income inequality in order to ascertain how we got to this economy and where we might go from here. For story tips/comments/complaints email us at Counterparties.Reuters@gmail.com.

In February, the United Auto Workers lost a fight to unionize workers at a Volkswagen plant in Tennessee. The vote was taken as a symbol for all organized labor in the South — particularly because Volkswagen was tacitly supportive of the unionization movement.

Mar 4, 2014
via Counterparties

The tax break everyone likes

Welcome to the Counterparties email. The sign-up page is here, it’s just a matter of checking a box if you’re already registered on the Reuters website. Send suggestions, story tips and complaints to Counterparties.Reuters@gmail.com.

President Obama has released his budget for the 2015 fiscal year; you can read Shane’s massive guide to that 1656-page document here. The most striking detail, Shane writes, is Obama’s proposed expansion of the Earned Income Tax Credit, which provides direct cash transfers to low and moderate-income workers; the official case for the increase is made by the chair of Obama’s Council of Economic Advisors, Jason Furman, in the journal Democracy.