Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports on how online popularity ratings are manipulated by massive padding of click counts …….. and the last article discusses the persistent decline in wage share around the world.
- How low-paid workers at ‘click farms’ create appearance of online popularity (Charles Arthur, The Guardian) Fraud around every corner.
- NYC cases show crooked cops’ abuse of FBI database (Tom Hays, Associated Press) Hat tip to Roger Erickson. Scary.
- Your safer-surgery survival guide (Consumer Reports) Ratings of 2,463 U.S. hospitals.
- Get Ready for the Next Round of Bond Pain (Michael Pollock, The Wall Street Journal)
- Discrediting Regulation: from George Stigler to Tyson’s Fraud-Free Carbon Tax Fantasy (William K. Black, New Economic Perspectives) William K. Black contributes to Global Economic Intersection.
- G20 report warns of global tax chaos (Patrick Wintour and Simon Bowers, The Guardian) “International tax system cannot deal with mobile multinational firms that shift profits to low-tax countries, says OECD thinktank.“
- Boomerang Babies: Record Numbers of Young Adults Live with Parents at Terrible Cost (Lynn Stuart Parramore, Alternet) Hat tip to Naked Capitalism. See also GEI News.
- The Trend Toward Part-Time Employment: A Closer Look (Doug Short, Advisor Perspectives) Doug Short contributes to Global Economic Intersection. Is this related to the same factors as those in the Lynn Parramore article above?
- Protectionist clouds darken sunny forecast for solar power (Jeffrey Fraenkel, Voxeu.org) Jeffrey Fraenkel contributes to Global Economic Intersection.
- Do Wage Shares Have to Fall with Globalisation? (C.P. Chandrasekhar and Jayati Ghosh, Network Ideas.org) C.P. Chandrasekhar and Jayati Ghosh have contributed to Global Economic Intersection. Authors’ conclusion: “…while globalisation certainly unleashes forces that reduce labour’s relative power and tends to reduce labour shares of national income – this outcome is not inevitable. It can be countered by progressive economic policies that work actively to shift both the growth strategy and current public fiscal policies in favour of workers.”