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Delay Kindergarten at Your Child's Peril - NYTimes.com - 2 views

  • THIS fall, one in 11 kindergarten-age children in the United States will not be going to class. Parents of these children often delay school entry in an attempt to give them a leg up on peers, but this strategy is likely to be counterproductive.
  • Teachers may encourage redshirting because more mature children are easier to handle in the classroom and initially produce better test scores than their younger classmates.
  • This advantage fades by the end of elementary school, though, and disadvantages start to accumulate. In high school, redshirted children are less motivated and perform less well. By adulthood, they are no better off in wages or educational attainment — in fa
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  • ct, their lifetime earnings are reduced by one year.
  • The benefits of being younger are even greater for those who skip a grade, an option available to many high-achieving children. Compared with nonskippers of similar talent and motivation, these youngsters pursue advanced degrees and enter professional school more often. Acceleration is a powerful intervention, with effects on achievement that are twice as large as programs for the gifted.
  • Parents who want to give their young children an academic advantage have a powerful tool: school itself. In a large-scale study at 26 Canadian elementary schools, first graders who were young for their year made considerably more progress in reading and math than kindergartners who were old for their year
  • school makes children smarter.
  • The question we should ask instead is: What approach gives children the greatest opportunity to learn?
  • These differences may come from the increased challenges of a demanding environment. Learning is maximized not by getting all the answers right, but by making errors and correcting them quickly.
  • Some children, especially boys, are slow to mature emotionally, a process that may be aided by the presence of older children.
  • The benefits of interacting with older children may extend to empathetic abilities. Empathy requires the ability to reason about the beliefs of others. This capacity relies on brain maturation, but it is also influenced by interactions with other children. Having an older (but not younger) sibling speeds the onset of this capacity in 3- to 5-year-olds. The acceleration is large: up to half a year per sibling.
  • children are not on a fixed trajectory but learn actively from teachers — and classmates. It matters very much who a child’s peers are. Redshirted children begin school with others who are a little further behind them. Because learning is social, the real winners in that situation are their classmates.
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    I had never realized how incredibly critical the first years of a child's life were. This situation seems almost like a win-lose one; the younger children are more challenged and thus more prepared later on in life while the older ones will always be less motivated and all-around strong. Does this mean that we must set up our classrooms to have some students be statistically advantaged in life while others might potentially suffer? ARE WE GONNA DO THAT?!
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Triumph of the Unthinking - NYTimes.com - 0 views

  • “Words,” wrote John Maynard Keynes, “ought to be a little wild, for they are the assault of thoughts on the unthinking.”
  • It’s true that in practice Mr. Obama pushed through a stimulus that, while too small and short-lived, helped diminish the depth and duration of the slump. But when Republicans began talking nonsense, declaring that the government should match the belt-tightening of ordinary families — a recipe for full-on depression — Mr. Obama didn’t challenge their position. Instead, within a few months the very same nonsense became a standard line in his speeches, even though his economists knew better, and so did he.
  • Like Mr. Obama and company, Labour’s leaders probably know better, but have decided that it’s too hard to overcome the easy appeal of bad economics, especially when most of the British news media report this bad economics as truth.
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  • What nonsense am I talking about? Simon Wren-Lewis of the University of Oxford, who has been a tireless but lonely crusader for economic sense, calls it “mediamacro.” It’s a story about Britain that runs like this: First, the Labour government that ruled Britain until 2010 was wildly irresponsible, spending far beyond its means. Second, this fiscal profligacy caused the economic crisis of 2008-2009. Third, this in turn left the coalition that took power in 2010 with no choice except to impose austerity policies despite the depressed state of the economy. Finally, Britain’s return to economic growth in 2013 vindicated austerity and proved its critics wrong.
  • every piece of this story is demonstrably, ludicrously wrong
  • Yet this nonsense narrative completely dominates news reporting, where it is treated as a fact rather than a hypothesis. And Labour hasn’t tried to push back, probably because they considered this a political fight they couldn’t win. But why?
  • Mr. Wren-Lewis suggests that it has a lot to do with the power of misleading analogies between governments and households, and also with the malign influence of economists working for the financial industry, who in Britain as in America constantly peddle scare stories about deficits and pay no price for being consistently wrong. If U.S. experience is any guide, my guess is that Britain also suffers from the desire of public figures to sound serious, a pose which they associate with stern talk about the need to make hard choices (at other people’s expense, of course.)
  • The fact is that Britain and America didn’t need to make hard choices in the aftermath of crisis. What they needed, instead, was hard thinking — a willingness to understand that this was a special environment, that the usual rules don’t apply in a persistently depressed economy, one in which government borrowing doesn’t compete with private investment and costs next to nothing.
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Our Biased Brains - NYTimes.com - 0 views

  • The human brain seems to be wired so that it categorizes people by race in the first one-fifth of a second after seeing a face
  • Racial bias also begins astonishingly early: Even infants often show a preference for their own racial group. In one study, 3-month-old white infants were shown photos of faces of white adults and black adults; they preferred the faces of whites. For 3-month-old black infants living in Africa, it was the reverse.
  • in evolutionary times we became hard-wired to make instantaneous judgments about whether someone is in our “in group” or not — because that could be lifesaving. A child who didn’t prefer his or her own group might have been at risk of being clubbed to death.
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  • I encourage you to test yourself at implicit.harvard.edu. It’s sobering to discover that whatever you believe intellectually, you’re biased about race, gender, age or disability.
  • unconscious racial bias turns up in children as soon as they have the verbal skills to be tested for it, at about age 4. The degree of unconscious bias then seems pretty constant: In tests, this unconscious bias turns out to be roughly the same for a 4- or 6-year-old as for a senior citizen who grew up in more racially oppressive times.
  • Many of these experiments on in-group bias have been conducted around the world, and almost every ethnic group shows a bias favoring its own. One exception: African-Americans.
  • in contrast to other groups, African-Americans do not have an unconscious bias toward their own. From young children to adults, they are essentially neutral and favor neither whites nor blacks.
  • even if we humans have evolved to have a penchant for racial preferences from a very young age, this is not destiny. We can resist the legacy that evolution has bequeathed us.
  • “We wouldn’t have survived if our ancestors hadn’t developed bodies that store sugar and fat,” Banaji says. “What made them survive is what kills us.” Yet we fight the battle of the bulge and sometimes win — and, likewise, we can resist a predisposition for bias against other groups.
  • Deep friendships, especially romantic relationships with someone of another race, also seem to mute bias
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Guess Who Doesn't Fit In at Work - NYTimes.com - 0 views

  • ACROSS cultures and industries, managers strongly prize “cultural fit” — the idea that the best employees are like-minded.
  • One recent survey found that more than 80 percent of employers worldwide named cultural fit as a top hiring priority.
  • When done carefully, selecting new workers this way can make organizations more productive and profitable.
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  • In the process, fit has become a catchall used to justify hiring people who are similar to decision makers and rejecting people who are not.
  • The concept of fit first gained traction in the 1980s. The original idea was that if companies hired individuals whose personalities and values — and not just their skills — meshed with an organization’s strategy, workers would feel more attached to their jobs, work harder and stay longer.
  • in many organizations, fit has gone rogue. I saw this firsthand while researching the hiring practices of the country’s top investment banks, management consultancies and law firms. I interviewed 120 decision makers and spent nine months observing
  • While résumés (and connections) influenced which applicants made it into the interview room, interviewers’ perceptions of fit strongly shaped who walked out with job offers.
  • Crucially, though, for these gatekeepers, fit was not about a match with organizational values. It was about personal fit. In these time- and team-intensive jobs, professionals at all levels of seniority reported wanting to hire people with whom they enjoyed hanging out and could foresee developing close relationships with
  • To judge fit, interviewers commonly relied on chemistry. “
  • Many used the “airport test.” As a managing director at an investment bank put it, “Would I want to be stuck in an airport in Minneapolis in a snowstorm with them?”
  • interviewers were primarily interested in new hires whose hobbies, hometowns and biographies matched their own. Bonding over rowing college crew, getting certified in scuba, sipping single-malt Scotches in the Highlands or dining at Michelin-starred restaurants was evidence of fit; sharing a love of teamwork or a passion for pleasing clients was not
  • it has become a common feature of American corporate culture. Employers routinely ask job applicants about their hobbies and what they like to do for fun, while a complementary self-help industry informs white-collar job seekers that chemistry, not qualifications, will win them an offer.
  • Selection based on personal fit can keep demographic and cultural diversity low
  • In the elite firms I studied, the types of shared experiences associated with fit typically required large investments of time and money.
  • Class-biased definitions of fit are one reason investment banks, management consulting firms and law firms are dominated by people from the highest socioeconomic backgrounds
  • Also, whether the industry is finance, high-tech or fashion, a good fit in most American corporations still tends to be stereotypically masculine.
  • Perhaps most important, it is easy to mistake rapport for skill. Just as they erroneously believe that they can accurately tell when someone is lying, people tend to be overly confident in their ability to spot talent. Unstructured interviews, which are the most popular hiring tools for American managers and the primary way they judge fit, are notoriously poor predictors of job performance.
  • Organizations that use cultural fit for competitive advantage tend to favor concrete tools like surveys and structured interviews that systematically test behaviors associated with increased performance and employee retention.
  • For managers who want to use cultural fit in a more productive way, I have several suggestions.
  • First, communicate a clear and consistent idea of what the organization’s culture is (and is not) to potential employees. Second, make sure the definition of cultural fit is closely aligned with business goals. Ideally, fit should be based on data-driven analysis of what types of values, traits and behaviors actually predict on-the-job success. Third, create formal procedures like checklists for measuring fit, so that assessment is not left up to the eyes (and extracurriculars) of the beholder.
  • But cultural fit has become a new form of discrimination that keeps demographic and cultural diversity down
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Owner of a Credit Card Processor Is Setting a New Minimum Wage: $70,000 a Year - NYTime... - 1 views

  • Mr. Price surprised his 120-person staff by announcing that he planned over the next three years to raise the salary of even the lowest-paid clerk, customer service representative and salesman to a minimum of $70,000.
  • Mr. Price, who started the Seattle-based credit-card payment processing firm in 2004 at the age of 19, said he would pay for the wage increases by cutting his own salary from nearly $1 million to $70,000 and using 75 to 80 percent of the company’s anticipated $2.2 million in profit this year.
  • his unusual proposal does speak to an economic issue that has captured national attention: The disparity between the soaring pay of chief executives and that of their employees.
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  • The United States has one of the world’s largest pay gaps, with chief executives earning nearly 300 times what the average worker makes, according to some economists’ estimates. That is much higher than the 20-to-1 ratio recommended by Gilded Age magnates like J. Pierpont Morgan and the 20th century management visionary Peter Drucker.
  • “The market rate for me as a C.E.O. compared to a regular person is ridiculous, it’s absurd,” said Mr. Price, who said his main extravagances were snowboarding and picking up the bar bill. He drives a 12-year-old Audi
  • Under a financial overhaul passed by Congress in 2010, the Securities and Exchange Commission was supposed to require all publicly held companies to disclose the ratio of C.E.O. pay to the median pay of all other employees, but it has so far failed to put it in effect. Corporate executives have vigorously opposed the idea, complaining it would be cumbersome and costly to implement.
  • Of all the social issues that he felt he was in a position to do something about as a business leader, “that one seemed like a more worthy issue to go after.”
  • The happiness research behind Mr. Price’s announcement on Monday came from Angus Deaton and Daniel Kahneman, a Nobel Prize-winning psychologist. They found that what they called emotional well-being — defined as “the emotional quality of an individual’s everyday experience, the frequency and intensity of experiences of joy, stress, sadness, anger, and affection that make one’s life pleasant or unpleasant” — rises with income, but only to a point. And that point turns out to be about $75,000 a year.
  • Of course, money above that level brings pleasures — there’s no denying the delights of a Caribbean cruise or a pair of diamond earrings — but no further gains on the emotional well-being scale.
  • As Mr. Kahneman has explained it, income above the threshold doesn’t buy happiness, but a lack of money can deprive you of it.
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The Science of Why We Don't Believe Science | Mother Jones - 2 views

  • an array of new discoveries in psychology and neuroscience has further demonstrated how our preexisting beliefs, far more than any new facts, can skew our thoughts and even color what we consider our most dispassionate and logical conclusions. This tendency toward so-called "motivated reasoning" helps explain why we find groups so polarized over matters where the evidence is so unequivocal: climate change, vaccines, "death panels," the birthplace and religion of the president (PDF), and much else. It would seem that expecting people to be convinced by the facts flies in the face of, you know, the facts.
  • The theory of motivated reasoning builds on a key insight of modern neuroscience (PDF): Reasoning is actually suffused with emotion (or what researchers often call "affect"). Not only are the two inseparable, but our positive or negative feelings about people, things, and ideas arise much more rapidly than our conscious thoughts, in a matter of milliseconds—fast enough to detect with an EEG device, but long before we're aware of it. That shouldn't be surprising: Evolution required us to react very quickly to stimuli in our environment. It's a "basic human survival skill," explains political scientist Arthur Lupia of the University of Michigan. We push threatening information away; we pull friendly information close. We apply fight-or-flight reflexes not only to predators, but to data itself.
  • reasoning comes later, works slower—and even then, it doesn't take place in an emotional vacuum. Rather, our quick-fire emotions can set us on a course of thinking that's highly biased, especially on topics we care a great deal about.
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  • Consider a person who has heard about a scientific discovery that deeply challenges her belief in divine creation—a new hominid, say, that confirms our evolutionary origins. What happens next, explains political scientist Charles Taber of Stony Brook University, is a subconscious negative response to the new information—and that response, in turn, guides the type of memories and associations formed in the conscious mind. "They retrieve thoughts that are consistent with their previous beliefs," says Taber, "and that will lead them to build an argument and challenge what they're hearing."
  • In other words, when we think we're reasoning, we may instead be rationalizing. Or to use an analogy offered by University of Virginia psychologist Jonathan Haidt: We may think we're being scientists, but we're actually being lawyers
  • Our "reasoning" is a means to a predetermined end—winning our "case"—and is shot through with biases. They include "confirmation bias," in which we give greater heed to evidence and arguments that bolster our beliefs, and "disconfirmation bias," in which we expend disproportionate energy trying to debunk or refute views and arguments that we find uncongenial.
  • That's not to suggest that we aren't also motivated to perceive the world accurately—we are. Or that we never change our minds—we do. It's just that we have other important goals b
  • esides accuracy—including identity affirmation and protecting one's sense of self—and often those make us highly resistant to changing our beliefs when the facts say we should.
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The M.I.T. Gang - The New York Times - 0 views

  • what distinguishes M.I.T. economics, and why does it matter? To answer that question, you need to go back to the 1970s, when all the people I’ve just named went to graduate school.
  • At the time, the big issue was the combination of high unemployment with high inflation. The coming of stagflation was a big win for Milton Friedman, who had predicted exactly that outcome if the government tried to keep unemployment too low for too long; it was widely seen, rightly or (mostly) wrongly, as proof that markets get it right and the government should just stay out of the way
  • Or to put it another way, many economists responded to stagflation by turning their backs on Keynesian economics and its call for government action to fight recessions.
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  • At M.I.T., however, Keynes never went away. To be sure, stagflation showed that there were limits to what policy can do. But students continued to learn about the imperfections of markets and the role that monetary and fiscal policy can play in boosting a depressed economy.
  • And the M.I.T. students of the 1970s enlarged on those insights in their later work. Mr. Blanchard, for example, showed how small deviations from perfect rationality can have large economic consequences; Mr. Obstfeld showed that currency markets can sometimes experience self-fulfilling panic.
  • This open-minded, pragmatic approach was overwhelmingly vindicated after crisis struck in 2008. Chicago-school types warned incessantly that responding to the crisis by printing money and running deficits would lead to 70s-type stagflation, with soaring inflation and interest rates. But M.I.T. types predicted, correctly, that inflation and interest rates would stay low in a depressed economy, and that attempts to slash deficits too soon would deepen the slump.
  • The truth, although nobody will believe it, is that the economic analysis some of us learned at M.I.T. way back when has worked very, very well for the past seven years.
  • But has the intellectual success of M.I.T. economics led to comparable policy success? Unfortunately, the answer is no.
  • True, there have been some important monetary successes. The Fed, led by Mr. Bernanke, ignored right-wing pressure and threats — Rick Perry, as governor of Texas, went so far as to accuse him of treason — and pursued an aggressively expansionary policy that helped limit the damage from the financial crisis. In Europe, Mr. Draghi’s activism has been crucial to calming financial markets, probably saving the euro from collapse. Continue reading the main story 215 Comments
  • On other fronts, however, the M.I.T. gang’s good advice has been ignored. The I.M.F.’s research department, under Mr. Blanchard’s leadership, has done authoritative work on the effects of fiscal policy, demonstrating beyond any reasonable doubt that slashing spending in a depressed economy is a terrible mistake, and that attempts to reduce high levels of debt via austerity are self-defeating. But European politicians have slashed spending and demanded crippling austerity from debtors anyway.
  • Meanwhile, in the United States, Republicans have responded to the utter failure of free-market orthodoxy and the remarkably successful predictions of much-hated Keynesians by digging in even deeper, determined to learn nothing from experience.
  • being right isn’t necessarily enough to change the world. But it’s still better to be right than to be wrong, and M.I.T.-style economics, with its pragmatic openness to evidence, has been very right indeed
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A Billionaire Mathematician's Life of Ferocious Curiosity - The New York Times - 0 views

  • James H. Simons likes to play against type. He is a billionaire star of mathematics and private investment who often wins praise for his financial gifts to scientific research and programs to get children hooked on math.But in his Manhattan office, high atop a Fifth Avenue building in the Flatiron district, he’s quick to tell of his career failings.He was forgetful. He was demoted. He found out the hard way that he was terrible at programming computers. “I’d keep forgetting the notation,” Dr. Simons said. “I couldn’t write programs to save my life.”After that, he was fired.His message is clearly aimed at young people: If I can do it, so can you.
  • Down one floor from his office complex is Math for America, a foundation he set up to promote math teaching in public schools. Nearby, on Madison Square Park, is the National Museum of Mathematics, or MoMath, an educational center he helped finance. It opened in 2012 and has had a quarter million visitors.
  • Dr. Simons received his doctorate at 23; advanced code breaking for the National Security Agency at 26; led a university math department at 30; won geometry’s top prize at 37; founded Renaissance Technologies, one of the world’s most successful hedge funds, at 44; and began setting up charitable foundations at 56.
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  • With a fortune estimated at $12.5 billion, Dr. Simons now runs a tidy universe of science endeavors, financing not only math teachers but hundreds of the world’s best investigators, even as Washington has reduced its support for scientific research. His favorite topics include gene puzzles, the origins of life, the roots of autism, math and computer frontiers, basic physics and the structure of the early cosmos.
  • In time, his novel approach helped change how the investment world looks at financial markets. The man who “couldn’t write programs” hired a lot of programmers, as well as physicists, cryptographers, computational linguists, and, oh yes, mathematicians. Wall Street experience was frowned on. A flair for science was prized. The techies gathered financial data and used complex formulas to make predictions and trade in global markets.
  • Working closely with his wife, Marilyn, the president of the Simons Foundation and an economist credited with philanthropic savvy, Dr. Simons has pumped more than $1 billion into esoteric projects as well as retail offerings like the World Science Festival and a scientific lecture series at his Fifth Avenue building. Characteristically, it is open to the public.
  • On a wall in Dr. Simons’s office is one of his prides: a framed picture of equations known as Chern-Simons, after a paper he wrote with Shiing-Shen Chern, a prominent geometer. Four decades later, the equations define many esoteric aspects of modern physics, including advanced theories of how invisible fields like those of gravity interact with matter to produce everything from superstrings to black holes.
  • “He’s an individual of enormous talent and accomplishment, yet he’s completely unpretentious,” said Marc Tessier-Lavigne, a neuroscientist who is the president of Rockefeller University. “He manages to blend all these admirable qualities.”
  • Forbes magazine ranks him as the world’s 93rd richest person — ahead of Eric Schmidt of Google and Elon Musk of Tesla Motors, among others — and in 2010, he and his wife were among the first billionaires to sign the Giving Pledge, promising to devote “the great majority” of their wealth to philanthropy.
  • For all his self-deprecations, Dr. Simons does credit himself with a contemplative quality that seems to lie behind many of his accomplishments.“I wasn’t the fastest guy in the world,” Dr. Simons said of his youthful math enthusiasms. “I wouldn’t have done well in an Olympiad or a math contest. But I like to ponder. And pondering things, just sort of thinking about it and thinking about it, turns out to be a pretty good approach.”
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Big Tech Has Become Way Too Powerful - The New York Times - 1 views

  • CONSERVATIVES and liberals interminably debate the merits of “the free market” versus “the government.
  • The important question, too rarely discussed, is who has the most influence over these decisions and in that way wins the game.
  • Now information and ideas are the most valuable forms of property. Most of the cost of producing it goes into discovering it or making the first copy. After that, the additional production cost is often zero. Such “intellectual property” is the key building block of the new economy
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  • as has happened before with other forms of property, the most politically influential owners of the new property are doing their utmost to increase their profits by creating monopolies
  • The most valuable intellectual properties are platforms so widely used that everyone else has to use them, too. Think of standard operating systems like Microsoft’s Windows or Google’s Android; Google’s search engine; Amazon’s shopping system; and Facebook’s communication network
  • Despite an explosion in the number of websites over the last decade, page views are becoming more concentrated. While in 2001, the top 10 websites accounted for 31 percent of all page views in America, by 2010 the top 10 accounted for 75 percent
  • Amazon is now the first stop for almost a third of all American consumers seeking to buy anything
  • Google and Facebook are now the first stops for many Americans seeking news — while Internet traffic to much of the nation’s newspapers, network television and other news gathering agencies has fallen well below 50 percent of all traffic.
  • almost all of the profits go to the platforms’ owners, who have all of the bargaining power
  • The rate at which new businesses have formed in the United States has slowed markedly since the late 1970s. Big Tech’s sweeping patents, standard platforms, fleets of lawyers to litigate against potential rivals and armies of lobbyists have created formidable barriers to new entrants
  • The law gives 20 years of patent protection to inventions that are “new and useful,” as decided by the Patent and Trademark Office. But the winners are big enough to game the system. They make small improvements warranting new patents, effectively making their intellectual property semipermanent.
  • They also lay claim to whole terrains of potential innovation including ideas barely on drawing boards and flood the system with so many applications that lone inventors have to wait years.
  • Big Tech has been almost immune to serious antitrust scrutiny, even though the largest tech companies have more market power than ever. Maybe that’s because they’ve accumulated so much political power.
  • Economic and political power can’t be separated because dominant corporations gain political influence over how markets are maintained and enforced, which enlarges their economic power further. One of the original goals of antitrust law was to prevent this.
  • We are now in a new gilded age similar to the first Gilded Age, when the nation’s antitrust laws were enacted. As then, those with great power and resources are making the “free market” function on their behalf. Big Tech — along with the drug, insurance, agriculture and financial giants — dominates both our economy and our politics.
  • The real question is how government organizes the market, and who has the most influence over its decisions
  • Yet as long as we remain obsessed by the debate over the relative merits of the “free market” and “government,” we have little hope of seeing what’s occurring and taking the action that’s needed to make our economy work for the many, not the few.
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The Moral Ill Effects of Teaching Economics | Amitai Etzioni - 1 views

  • the hypothesis that teaching economics is debasing people's morality
  • They designed a game where participants were given an allotment of tokens to divide between a private account and a public fund
  • the game was designed to promote free-riding: the socially optimal behavior would be to contribute to the public fund, but the personal advantage was in investing everything in the private fund (as long as the others did not catch on or make the same move).
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  • most subjects divided their tokens nearly equally between the public and private accounts
  • Economics students, by contrast, invested only 20 percent of their tokens in the public fund, on average.
  • Three quarters of non-economists reported that a "fair" investment of tokens would necessitate putting at least half of their tokens in the public fund. A third of economists didn't answer the question or gave "complex, uncodable responses." The remaining economics students were much more likely than their non-economist peers to say that "little or no contribution was 'fair'."
  • Other studies have found economics students to exhibit a stronger tendency towards anti-social positions compared to their peers.
  • Carter and Irons had both economics students and non-economics students play the "ultimatum" game -- a two-player game where one player is given a sum of money to divide between the two. The other player is then given a chance to accept or reject the offer; if she accepts it, then each player receives the portion of money proposed by the offerer. If she declines, then neither player gets any money. Carter and Irons found that, relative to non-economics students, economics students were much more likely to offer their partners small sums, and, thus, deviate from a "fair" 50/50 spilt.
  • Finally, researchers had both economics and non-economics students fill out two "honesty surveys" -- one at the start of the semester and one at the conclusion -- regarding how likely they were to either report being undercharged for a purchase or return found money to its owner. The authors found that, after taking an economics class, students' responses to the end-of-the-semester survey were more likely to reflect a decline in honest behavior than students who studied astronomy.
  • Other studies supported these key findings. They found that economics students are less likely to consider a vendor who increases the price of bottled water on a hot day to be acting "unfairly." Economics students who played a lottery game were willing to commit less of their potential winnings to fund a consolation prize for losers than were their peers. And such students were significantly more willing to accept bribes than other students. Moreover, economics students valued personal achievement and power more than their peers while attributing less importance to social justice and equality.
  • results show that it is not just selection that is responsible for the reported increase in immoral attitudes
  • Later studies support this conclusion. They found ideological differences between lower-level economics students and upper-level economics students that are similar in kind to the measured differences between the ideology of economics students as a whole and their peers. He finds that upper-level students are even less likely to support egalitarian solutions to distribution problems than lower-level students, suggesting that time spent studying economics does have an indoctrination effect.
  • The problem is not only that students are exposed to such views, but that there are no "balancing" courses taught in typical American colleges, in which a different view of economics is presented. Moreover, while practically all economic classes are taught in the "neoclassical" (libertarian, self centered) viewpoint, in classes by non-economists -- e.g., in social philosophy, political science, and sociology -- a thousand flowers bloom such that a great variety of approaches are advanced, thereby leaving students with a cacophony of conflicting pro-social views. What is needed is a systematic pro-social economics, that combines appreciation for the common good and for others as well as for the service of self.
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Can a Computer Win on 'Jeopardy'? - WSJ.com - 0 views

  • Only three years earlier, the suggestion that a computer might match wits and word skills with human champions in "Jeopardy" sparked opposition bordering on ridicule in the halls of IBM Research.
  • The way Mr. Horn saw it, IBM had triumphed in 1997 with its chess challenge. The company's machine, Deep Blue, had defeated the reigning world champion, Garry Kasparov. This burnished IBM's reputation among the global computing elite while demonstrating to the world that computers could rival humans in certain domains associated with intelligence.
  • The next computer should charge into the vast expanse of human language and knowledge.
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  • "Jeopardy," with its puns and strangely phrased clues, seemed too hard for a computer. IBM already had teams building machines to answer questions, and their performance, in speed and precision, came nowhere close to even a moderately informed human. How could the next machine grow so much smarter?
  • He was comfortable conversing about everything from the details of computational linguistics to the evolution of life on Earth and the nature of human thought. This made him an ideal ambassador for a "Jeopardy"-playing machine. After all, his project would raises all sorts of issues, and fears, about the role of brainy machines in society. Would they compete for jobs? Could they establish their own agendas, like the infamous computer, HAL, in "2001: A Space Odyssey," and take control? What was the future of knowledge and intelligence, and how would brains and machines divvy up the cognitive work?
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The Lies of Science Writing - WSJ.com - 0 views

  • Writing about science poses a fundamental problem right at the outset: You have to lie.
  • because math is the language of science, scientists who want to translate their work into popular parlance have to use verbal or pictorial metaphors that are necessarily inexact.
  • Choosing the proper metaphor can make all the difference between distorting science and providing an appropriate context from which nonscientists can appreciate new scientific findings and put them in perspective.
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  • Not only is a good picture, even a mental one, worth at least a thousand words, but many scientists themselves think in these terms.
  • Though metaphors are useful in trying to understand complicated scientific ideas, they have their pitfalls.
  • Consider another famous scientific metaphor, the evolutionary biologist Richard Dawkins's idea of the "selfish gene." This is a brilliant and simple way to explain that natural selection relies on the self-perpetuation of genes that promote higher rates of survival. But for some critics, it suggests an intentionality that is absent in the process of evolution. Others worry that it implies an immoral world where selfishness wins out.
  • When used effectively, an apt metaphor can enhance the real purpose in writing about science for the public: provoking interest and a desire to learn more.
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Review: Vernor Vinge's 'Fast Times' | KurzweilAI - 0 views

  • Vernor Vinge’s Hugo-award-winning short science fiction story “Fast Times at Fairmont High” takes place in a near future in which everyone lives in a ubiquitous, wireless, networked world using wearable computers and contacts or glasses on which computer graphics are projected to create an augmented reality.
  • So what is life like in Vinge’s 2020?The biggest technological change involves ubiquitous computing, wearables, and augmented reality (although none of those terms are used). Everyone wears contacts or glasses which mediate their view of the world. This allows computer graphics to be superimposed on what they see. The computers themselves are actually built into the clothing (apparently because that is the cheapest way to do it) and everything communicates wirelessly.
  • If you want a computer display, it can appear in thin air, or be attached to a wall or any other surface. If people want to watch TV together they can agree on where the screen should appear and what show they watch. When doing your work, you can have screens on all your walls, menus attached here and there, however you want to organize things. But none of it is "really" there.
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  • Does your house need a new coat of paint? Don’t bother, just enter it into your public database and you have a nice new mint green paint job that everyone will see. Want to redecorate? Do it with computer graphics. You can have a birdbath in the front yard inhabited by Disneyesque animals who frolic and play. Even indoors, don’t buy artwork, just download it from the net and have it appear where you want.
  • Got a zit? No need to cover up with Clearsil, just erase it from your public face and people will see the improved version. You can dress up your clothes and hairstyle as well.
  • Of course, anyone can turn off their enhancements and see the plain old reality, but most people don’t bother most of the time because things are ugly that way.
  • Some of the kids attending Fairmont Junior High do so remotely. They appear as "ghosts", indistinguishable from the other kids except that you can walk through them. They go to classes and raise their hands to ask questions just like everyone else. They see the school and everyone at the school sees them. Instead of visiting friends, the kids can all instantly appear at one another’s locations.
  • The computer synthesizing visual imagery is able to call on the localizer network for views beyond what the person is seeing. In this way you can have 360 degree vision, or even see through walls. This is a transparent society with a vengeance!
  • The cumulative effect of all this technology was absolutely amazing and completely believable
  • One thing that was believable is that it seemed that a lot of the kids cheated, and it was almost impossible for the adults to catch them. With universal network connectivity it would be hard to make sure kids are doing their work on their own. I got the impression the school sort of looked the other way, the idea being that as long as the kids solved their problems, even if they got help via the net, that was itself a useful skill that they would be relying on all their lives.
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The Backfire Effect « You Are Not So Smart - 0 views

  • corrections tended to increase the strength of the participants’ misconceptions if those corrections contradicted their ideologies. People on opposing sides of the political spectrum read the same articles and then the same corrections, and when new evidence was interpreted as threatening to their beliefs, they doubled down. The corrections backfired.
  • Once something is added to your collection of beliefs, you protect it from harm. You do it instinctively and unconsciously when confronted with attitude-inconsistent information. Just as confirmation bias shields you when you actively seek information, the backfire effect defends you when the information seeks you, when it blindsides you. Coming or going, you stick to your beliefs instead of questioning them. When someone tries to correct you, tries to dilute your misconceptions, it backfires and strengthens them instead. Over time, the backfire effect helps make you less skeptical of those things which allow you to continue seeing your beliefs and attitudes as true and proper.
  • Psychologists call stories like these narrative scripts, stories that tell you what you want to hear, stories which confirm your beliefs and give you permission to continue feeling as you already do. If believing in welfare queens protects your ideology, you accept it and move on.
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  • Contradictory evidence strengthens the position of the believer. It is seen as part of the conspiracy, and missing evidence is dismissed as part of the coverup.
  • Most online battles follow a similar pattern, each side launching attacks and pulling evidence from deep inside the web to back up their positions until, out of frustration, one party resorts to an all-out ad hominem nuclear strike
  • you can never win an argument online. When you start to pull out facts and figures, hyperlinks and quotes, you are actually making the opponent feel as though they are even more sure of their position than before you started the debate. As they match your fervor, the same thing happens in your skull. The backfire effect pushes both of you deeper into your original beliefs.
  • you spend much more time considering information you disagree with than you do information you accept. Information which lines up with what you already believe passes through the mind like a vapor, but when you come across something which threatens your beliefs, something which conflicts with your preconceived notions of how the world works, you seize up and take notice. Some psychologists speculate there is an evolutionary explanation. Your ancestors paid more attention and spent more time thinking about negative stimuli than positive because bad things required a response
  • when your beliefs are challenged, you pore over the data, picking it apart, searching for weakness. The cognitive dissonance locks up the gears of your mind until you deal with it. In the process you form more neural connections, build new memories and put out effort – once you finally move on, your original convictions are stronger than ever.
  • The backfire effect is constantly shaping your beliefs and memory, keeping you consistently leaning one way or the other through a process psychologists call biased assimilation.
  • They then separated subjects into two groups; one group said they believed homosexuality was a mental illness and one did not. Each group then read the fake studies full of pretend facts and figures suggesting their worldview was wrong. On either side of the issue, after reading studies which did not support their beliefs, most people didn’t report an epiphany, a realization they’ve been wrong all these years. Instead, they said the issue was something science couldn’t understand. When asked about other topics later on, like spanking or astrology, these same people said they no longer trusted research to determine the truth. Rather than shed their belief and face facts, they rejected science altogether.
  • As social media and advertising progresses, confirmation bias and the backfire effect will become more and more difficult to overcome. You will have more opportunities to pick and choose the kind of information which gets into your head along with the kinds of outlets you trust to give you that information. In addition, advertisers will continue to adapt, not only generating ads based on what they know about you, but creating advertising strategies on the fly based on what has and has not worked on you so far. The media of the future may be delivered based not only on your preferences, but on how you vote, where you grew up, your mood, the time of day or year – every element of you which can be quantified. In a world where everything comes to you on demand, your beliefs may never be challenged.
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E. O. Wilson's Theory of Everything - Magazine - The Atlantic - 0 views

  • Wilson told me the new proposed evolutionary model pulls the field “out of the fever swamp of kin selection,” and he confidently predicted a coming paradigm shift that would promote genetic research to identify the “trigger” genes that have enabled a tiny number of cases, such as the ant family, to achieve complex forms of cooperation.
  • In the book, he proposes a theory to answer what he calls “the great unsolved problem of biology,” namely how roughly two dozen known examples in the history of life—humans, wasps, termites, platypodid ambrosia beetles, bathyergid mole rats, gall-making aphids, one type of snapping shrimp, and others—made the breakthrough to life in highly social, complex societies. Eusocial species, Wilson noted, are by far “the most successful species in the history of life.”
  • Summarizing parts of it for me, Wilson was particularly unsparing of organized religion, likening the Book of Revelation, for example, to the ranting of “a paranoid schizophrenic who was allowed to write down everything that came to him.” Toward philosophy, he was only slightly kinder. Generation after generation of students have suffered trying to “puzzle out” what great thinkers like Socrates, Plato, and Descartes had to say on the great questions of man’s nature, Wilson said, but this was of little use, because philosophy has been based on “failed models of the brain.”
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  • His theory draws upon many of the most prominent views of how humans emerged. These range from our evolution of the ability to run long distances to our development of the earliest weapons, which involved the improvement of hand-eye coordination. Dramatic climate change in Africa over the course of a few tens of thousands of years also may have forced Australopithecus and Homo to adapt rapidly. And over roughly the same span, humans became cooperative hunters and serious meat eaters, vastly enriching our diet and favoring the development of more-robust brains. By themselves, Wilson says, none of these theories is satisfying. Taken together, though, all of these factors pushed our immediate prehuman ancestors toward what he called a huge pre-adaptive step: the formation of the earliest communities around fixed camps.
  • “When humans started having a camp—and we know that Homo erectus had campsites—then we know they were heading somewhere,” he told me. “They were a group progressively provisioned, sending out some individuals to hunt and some individuals to stay back and guard the valuable campsite. They were no longer just wandering through territory, emitting calls. They were on long-term campsites, maybe changing from time to time, but they had come together. They began to read intentions in each other’s behavior, what each other are doing. They started to learn social connections more solidly.”
  • “The humans become consistent with all the others,” he said, and the evolutionary steps were likely similar—beginning with the formation of groups within a freely mixing population, followed by the accumulation of pre-adaptations that make eusociality more likely, such as the invention of campsites. Finally comes the rise to prevalence of eusocial alleles—one of two or more alternative forms of a gene that arise by mutation, and are found at the same place on a chromosome—which promote novel behaviors (like communal child care) or suppress old, asocial traits. Now it is up to geneticists, he adds, to “determine how many genes are involved in crossing the eusociality threshold, and to go find those genes.”
  • Wilson posits that two rival forces drive human behavior: group selection and what he calls “individual selection”—competition at the level of the individual to pass along one’s genes—with both operating simultaneously. “Group selection,” he said, “brings about virtue, and—this is an oversimplification, but—individual selection, which is competing with it, creates sin. That, in a nutshell, is an explanation of the human condition.
  • “Within groups, the selfish are more likely to succeed,” Wilson told me in a telephone conversation. “But in competition between groups, groups of altruists are more likely to succeed. In addition, it is clear that groups of humans proselytize other groups and accept them as allies, and that that tendency is much favored by group selection.” Taking in newcomers and forming alliances had become a fundamental human trait, he added, because “it is a good way to win.”
  • If Wilson is right, the human impulse toward racism and tribalism could come to be seen as a reflection of our genetic nature as much as anything else—but so could the human capacity for altruism, and for coalition- and alliance-building. These latter possibilities may help explain Wilson’s abiding optimism—about the environment and many other matters. If these traits are indeed deeply written into our genetic codes, we might hope that we can find ways to emphasize and reinforce them, to build problem-solving coalitions that can endure, and to identify with progressively larger and more-inclusive groups over time.
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Journalism And Power « The Dish - 0 views

  •  Dean Starkman contrasts accountability journalism with access journalism. Perhaps the best way to distinguish between the two is that one form of journalism seeks access to power and the other kind of journalism seeks to make power uncomfortable.
  • We all know which one is losing. Mike Allen loves the powerful and does all he can to broadcast their messages and stroke their egos. He is the icon of the new era of court stenographers masquerading as journalists.
  • This debate is not about the use of hot words, like “torture.” It’s about whether journalism perceives as its core mission holding power to account. If it doesn’t, then the DealBooks and Playbooks of the world will always win the day. If it does, then the access-accountability polarity should be the defining measure of journalism’s merits.
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Our Machine Masters - NYTimes.com - 0 views

  • the smart machines of the future won’t be humanlike geniuses like HAL 9000 in the movie “2001: A Space Odyssey.” They will be more modest machines that will drive your car, translate foreign languages, organize your photos, recommend entertainment options and maybe diagnose your illnesses. “Everything that we formerly electrified we will now cognitize,” Kelly writes. Even more than today, we’ll lead our lives enmeshed with machines that do some of our thinking tasks for us.
  • This artificial intelligence breakthrough, he argues, is being driven by cheap parallel computation technologies, big data collection and better algorithms. The upshot is clear, “The business plans of the next 10,000 start-ups are easy to forecast: Take X and add A.I.”
  • Two big implications flow from this. The first is sociological. If knowledge is power, we’re about to see an even greater concentration of power.
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  • in 2001, the top 10 websites accounted for 31 percent of all U.S. page views, but, by 2010, they accounted for 75 percent of them.
  • As a result, our A.I. future is likely to be ruled by an oligarchy of two or three large, general-purpose cloud-based commercial intelligences.”
  • Advances in artificial intelligence will accelerate this centralizing trend. That’s because A.I. companies will be able to reap the rewards of network effects. The bigger their network and the more data they collect, the more effective and attractive they become.
  • The Internet has created a long tail, but almost all the revenue and power is among the small elite at the head.
  • engineers at a few gigantic companies will have vast-though-hidden power to shape how data are collected and framed, to harvest huge amounts of information, to build the frameworks through which the rest of us make decisions and to steer our choices. If you think this power will be used for entirely benign ends, then you have not read enough history.
  • The second implication is philosophical. A.I. will redefine what it means to be human. Our identity as humans is shaped by what machines and other animals can’t do
  • On the other hand, machines cannot beat us at the things we do without conscious thinking: developing tastes and affections, mimicking each other and building emotional attachments, experiencing imaginative breakthroughs, forming moral sentiments.
  • For the last few centuries, reason was seen as the ultimate human faculty. But now machines are better at many of the tasks we associate with thinking — like playing chess, winning at Jeopardy, and doing math.
  • In the age of smart machines, we’re not human because we have big brains. We’re human because we have social skills, emotional capacities and moral intuitions.
  • I could paint two divergent A.I. futures, one deeply humanistic, and one soullessly utilitarian.
  • In the humanistic one, machines liberate us from mental drudgery so we can focus on higher and happier things. In this future, differences in innate I.Q. are less important. Everybody has Google on their phones so having a great memory or the ability to calculate with big numbers doesn’t help as much.
  • In this future, there is increasing emphasis on personal and moral faculties: being likable, industrious, trustworthy and affectionate. People are evaluated more on these traits, which supplement machine thinking, and not the rote ones that duplicate it
  • In the cold, utilitarian future, on the other hand, people become less idiosyncratic. If the choice architecture behind many decisions is based on big data from vast crowds, everybody follows the prompts and chooses to be like each other. The machine prompts us to consume what is popular, the things that are easy and mentally undemanding.
  • In the current issue of Wired, the technology writer Kevin Kelly says that we had all better get used to this level of predictive prowess. Kelly argues that the age of artificial intelligence is finally at hand.
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Death by Data - NYTimes.com - 0 views

  • data-driven style of politics is built on a questionable philosophy and a set of dubious assumptions. Data-driven politics is built on a philosophy you might call Impersonalism. This is the belief that what matters in politics is the reaction of populations and not the idiosyncratic judgment, moral character or creativity of individuals.
  • Data-driven politics assumes that demography is destiny, that the electorate is not best seen as a group of free-thinking citizens but as a collection of demographic slices.
  • This method assumes that mobilization is more important than persuasion; that it is more important to target your likely supporters than to try to reframe debates or persuade the whole country.
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  • This method puts the spotlight on the reactions of voting blocs and takes the spotlight off the individual qualities of candidates. It puts the spotlight on messaging and takes the spotlight off product: actual policies.
  • It puts the spotlight on slight differences across the socio-economic spectrum and takes the spotlight off the power of events to reframe the whole mood and landscape.
  • Another victim was President Obama. His 2012 campaign was legendary from an analytic point of view, and, of course, it was victorious. But it lacked a policy agenda and produced no mandate. Without a compelling agenda, the administration has projected an image of reactive drift and lost public confidence.
  • Some politicians, like F.D.R. or Ronald Reagan, can reframe debates and envision coalitions that don’t exist. Their visions emerge out of unique life experiences, which are unusual but have broad appeal. They build trust not through a few targeted messages but by fully embodying a moment and a people. They often don’t pander to existing identities but arouse different identities.
  • Obviously demography matters a lot. But, at heart, politics is a personal enterprise. Voters are looking for quality of leadership, character, vision and solidarity that defies quantification. Candidates like Daniel Patrick Moynihan or Jerry Brown can arouse great loyalty in ways that are impossible to predict.
  • In the midst of this scuffling economy, voters are thinking as Americans and not as members of a niche. They’re asking: What can be done to kick-start America? They’re not asking: How can I guarantee affordable contraception?
  • The more you look at political history, the more you see that political imagination is the rarest and most valuable of qualities. Voters don’t always know what they want, but they look to leaders to jump ahead of the current moment and provide visions they haven’t thought of.
  • other victims include the Democratic senators in red states. Winning in a state that the other party dominates is a personal enterprise. It requires an ineffable individual connection with voters. It requires an idiosyncratic approach to issues. By eclipsing individual quirks with generic messages, the data-driven style deprives outnumbered candidates of precisely what they need to survive.
  • Data-driven candidates sacrifice their own souls. Instead of being inner-directed leaders driven by their own beliefs, they become outer-directed pleasers driven by incomplete numbers.
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Why Obama won't give the Ferguson speech his supporters want - Vox - 1 views

  • This all speaks to a point that the White House never forgets: President Obama's speeches polarize in a way candidate Obama's didn't. Obama's supporters often want to see their president "leading," but the White House knows that when Obama leads, his critics become even less likely to follow. The evidence political scientists have gathered documenting this dynamic is overwhelming
  • If Obama's speeches often aren't as dramatic as they used to be, this is why: the White House believes a presidential speech on a politically charged topic is as likely to make things worse as to make things better. It is as likely to infuriate conservatives as it is to inspire liberals. And in a country riven by political and racial polarization, widening those divides can take hard problems and make them impossible problems.
  • When Obama gave the first Race Speech he was a unifying figure trying to win the Democratic nomination. Today he's a divisive figure who needs to govern the whole country. For Obama, the cost of becoming president was sacrificing the unique gift that made him president.
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Establishment Populism Rising - NYTimes.com - 0 views

  • If we had the same income distribution in the United States that we did in 1979, the top 1 percent would have $1 trillion less today [in annual income], and the bottom 80 percent would have $1 trillion more. That works out to about $700,000 [a year for] for a family in the top 1 percent, and works out to about $11,000 a year for a family in the bottom 80 percent.
  • The lion’s share of the income of the top 1 percent is concentrated in the top 0.1 percent and 0.01 percent. The average income of the top 1 percent in 2013, according to data provided by Emmanuel Saez, a Berkeley economist, was $1.2 million, for the top 0.1 percent, $5.3 million, and for the top 0.01 percent, $24.9 million.
  • In other words, any attempt to correct the contemporary pattern in income distribution would require large and controversial changes in tax policy, regulation of the workplace, and intervention in the economy to expand employment and to raise wages.
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  • To counter the weak employment market, Summers called for major growth in government expenditures to fill needs that the private sector is not addressing:In our society, whether it is taking care of the young or taking care of the old, or repairing a lot that needs to be repaired, there is a huge amount of very valuable work that needs to be done. It’s much less clear, to use a modern phrase, that there’s a viable business model for getting it done. And I guess the reason why I think there is going to need to be a lot of reflection on the role of government going forward is that, if I’m right, that there’s vitally important work to be done for which there is no standard capital business model that will get it done. That suggests important roles for public policy.
  • the report calls for tax and regulatory policies to encourage employee ownership, the strengthening of collective bargaining rights, regulations requiring corporations to provide fringe benefits to employees working for subcontractors, a substantial increase in the minimum wage, sharper overtime pay enforcement, and a huge increase in infrastructure appropriations – for roads, bridges, ports, schools – to spur job creation and tighten the labor market.
  • Summers also calls for significant increases in the progressivity of the United States tax system.
  • He advocates aggressive steps to eliminate “rents” — profits that result from monopoly or other forms of government protection from competition. Summers favors attacking rents in the form of “exclusionary zoning practices” that bid up the price of housing, “excessively long copyright” protections, and financial regulations “providing implicit subsidies to a fortunate minority.”
  • Signaling that he now finds himself on common ground with stalwarts of the Democratic left like Elizabeth Warren and Joe Stiglitz, Summers adds, “Government needs to try to make sure everyone can get access to financial markets on an equal basis.”
  • Summers supports looking past income inequality to the distribution of wealth. During our conversation, he pointed out that “a large fraction of capital gains escapes taxation entirely” through “the stepped up basis at death.”
  • The idea that an economy could suffer from a persistent shortage of demand is an enormous switch for Summers or anyone who had been adhering to the economic orthodoxy in the three decades prior to the crisisin 2008. Baker goes on to argue that Summers “now recognizes that the financial system needs serious regulation.”
  • Many of the policies outlined by Summers — especially on trade, taxation, financial regulation and worker empowerment — are the very policies that divide the Wall-Street-corporate wing from the working-to-middle-class wing of the Democratic Party. Put another way, these policies divide the money wing from the voting wing.
  • Summers has forced out in the open a set of choices that Hillary Clinton has so far avoided, choices that even if she attempts to elide them will amount to a signal of where her loyalties lie.
  • “The core problem,” according to Summers, is thatthere aren’t enough jobs, and if you help some people, you can help them get the jobs, but then someone else won’t get the jobs. And unless you’re doing things that are affecting the demand for jobs, you’re helping people win a race to get a finite number of jobs, and there are only so many of them.
  • he is “all for” more schooling and job training, but as an answer to the problems of the job marketplace, “it is fundamentally an evasion.”
  • Summers’s analysis of current economic conditions suggests that free market capitalism, as now structured, is producing major distortions. These distortions, in his view, have resulted in gains of $1 trillion annually to those at the top of the pyramid, and losses of $1 trillion every year to those in the bottom 80 percent.
  • Summers’s ascendance is a reflection of the abandonment by much of the party establishment of neo-liberal thinking, premised on the belief that unregulated markets and global trade would produce growth beneficial to worker and C.E.O. alike.
  • Larry Summers, who withdrew his candidacy for the chairmanship of the Federal Reserve under pressure from the liberal wing of the Democratic Party in 2013, has emerged as the party’s dominant economic policy strategist. The former Treasury secretary’s evolving message has won over many of his former critics.
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