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International Political Economy: December 2012
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Monday, December 10, 2012. A Return to American Competitiveness? As several of the economists that we’ve read have predicted, we are now seeing the return to American competitiveness. This is occurring in part because of rising wages in China, but also because American companies that pursued outsourcing are now reevaluating the bases of those decisions. As Charles Fishman of The Atlantic. But GE has a long history of refusing to compromise on any. Labor demands. In fact, during the mid-twentieth cent...
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International Political Economy: Consensus on Removing Money from Politics? But Don’t Put it to an Election…
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Thursday, November 22, 2012. Consensus on Removing Money from Politics? But Don’t Put it to an Election…. Throughout the election season, I wrote several posts about the danger of money in politics. This was a factor that we talked about briefly early on in this semester, because Martin Wolf writes that the power of money in a democracy is not a serious concern. Sheer volume and concentration of contributions in the 2012 election, however, should give rise to attention if not also grave concern. Internat...
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International Political Economy: The Decline of Equal Opportunity
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Thursday, November 29, 2012. The Decline of Equal Opportunity. In a recent Foreign Affairs. Kenworthy covers a wide array of subjects in his piece, from changing family structure to educational access to worker compensation. He attributes a significant, although merely qualitative, effect to each of these contributors to declining equal opportunity in the country. Here are some interesting stats that Kenworthy highlights:. Subscribe to: Post Comments (Atom). Just so we are clear. International Institutio...
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International Political Economy: November 2012
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Friday, November 30, 2012. Why Not A Higher Minimum Wage? For several decades, the traditional literature on effects of minimum wages has perpetuated the notion that, while higher minimum wages raise the wages of those at the very bottom of the income scale, they also lead to a decline in employment. This is intuitive. Of course, when companies need to pay workers more, they have fewer resources to hire more workers. But this. In the article, the Free Exchange correspondent for the Economist. Kenworthy c...
joelandryipe.blogspot.com
International Political Economy: Why Not A Higher Minimum Wage?
http://joelandryipe.blogspot.com/2012/11/why-not-higher-minimum-wage.html
Friday, November 30, 2012. Why Not A Higher Minimum Wage? For several decades, the traditional literature on effects of minimum wages has perpetuated the notion that, while higher minimum wages raise the wages of those at the very bottom of the income scale, they also lead to a decline in employment. This is intuitive. Of course, when companies need to pay workers more, they have fewer resources to hire more workers. But this. In the article, the Free Exchange correspondent for the Economist. Ideal (In)d...
joelandryipe.blogspot.com
International Political Economy: September 2012
http://joelandryipe.blogspot.com/2012_09_01_archive.html
Saturday, September 29, 2012. Anti-Dumping Laws in Practice: Commerce Reconsiders Tomato Trade Agreement. In recent weeks, we have come across several pro-free trade arguments that cite anti-dumping laws as protectionism in disguise. Today, NPR reports. That the U.S. Department of Commerce is reconsidering a trade agreement with Mexico covering tomato imports. The story is a prime example of how trade policies are defined as much by politics as economic theory. Unfortunately, scrapping this agreement is ...
joelandryipe.blogspot.com
International Political Economy: Fire in Bangladesh Once Again Highlights Safety Concerns in Development
http://joelandryipe.blogspot.com/2012/11/fire-in-bangladesh-once-again.html
Monday, November 26, 2012. Fire in Bangladesh Once Again Highlights Safety Concerns in Development. Earlier this term, I wrote a blogpost about a devastating fire in a Pakistani textile factory that killed more than 300 workers. This weekend, more than 100 workers died in a Bangladeshi garment factory. This news highlights disturbing working conditions in developing nations, as well as the ineffectiveness of relying on corporations to independently regulate conditions in suppliers’ factories. Advocates o...
