Tag: economic

Fauci: COVID vaccine rollout should prioritize people of color

Infectious disease expert Anthony Fauci highlighted the need to address racial disparities in the COVID-19 vaccination process, per an interview with The New England Journal of Medicine on Wednesday. What he’s saying: “I think that’s the one thing we really…

Silicon Valley backlash grows as vocal tech faction boycotts

Silicon Valley may be a “state of mind,” but it’s also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it. Why it matters: The Bay Area is facing for the…

Telework’s tax mess: A permanent side effect of the pandemic

As teleworkers flit from city to city, they’re creating a huge tax mess. Why it matters: Our tax laws aren’t built for telecommuting, and this new way of working could have dire implications for city and state budgets. “There’s gonna…

Biden’s economic centrism isn’t exciting, but right for these divisive times

In an age of hyperpartisan politics, the Biden presidency offers a welcome centrism that might help bridge the divides. But it is also Biden’s economic centrism that offers a chance to cut through what has become an increasingly polarised approach…

Ideology triumphs over evidence: Morrison government drops the ball on banking reform

Political pressure forced the federal government in 2017 – when Scott Morrison was treasurer – to call the royal commission into misconduct in the banking, superannuation and financial services sector. Commissioner Kenneth Hayne delivered 76 recommendations to reform the industry…
T

The economy can’t guarantee a job. It can guarantee a liveable income for other work

When the coronavirus pandemic hit Australia in March 2020, the Morrison government took bold and imaginative action. The most notable examples were its income support programs – JobKeeper, paying a A$750 weekly subsidy to employers to keep workers on the…

Biden picks Warren allies to lead SEC, Consumer Financial Protection Bureau

President-elect Joe Biden has selected FTC commissioner Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB) and Obama-era Wall Street regulator Gary Gensler to lead the Securities and Exchange Commission (SEC). Why it matters: Both…

Trump Supporters’ Main Problem Was Never The Economy

ROBERTO SCHMIDT/AFP via Getty ImagesSupporters of President Donald Trump rampage through the U.S. Capitol on Jan. 6 as Congress met to count the Electoral Votes that named Joe Biden the winner of the November election. Safe to say, the Donald…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

What’s at stake for NZ in Australia’s case against China at the World Trade Organisation?

With the relationship between China and Australia souring in the past six months, New Zealand’s response will need to be nuanced and careful, but also principled. First and foremost, we must ensure the dispute between two of our main trading…

Newly declassified report lays out U.S. strategy in Asia

The Trump administration has declassified a report which lays out its Indo-Pacific strategy, including “accelerating India’s rise,” blocking China from establishing “illiberal spheres of influence,” and maintaining “U.S. strategic primacy” in the region, according to a copy viewed by Axios.…

Battlegrounds: highly skilled Black African professionals on racial microaggressions at work

Highly skilled Black African professionals report experiences of racial microaggressions at work are common and are expressed in a variety of ways. My recent study published in the British Journal of Social Work has found workplaces can be “battlegrounds for…

Ethical minefields: the dirty business of doing deals with Myanmar’s military

Myanmar’s transition from five decades of military rule is a work in progress. Despite the junta’s formal dissolution in 2010, the release of political prisoners including opposition leader Aung San Suu Kyi, and democratic reforms allowing National League Democracy to…