Categories: jobs

The Wealth Watch: 10 Must-Read Links

Posted by: Dan Beucke on January 15

Trip to Long Island's Gold Coast: Among the 1%, Many Variations (NY Times) The income gap: Unfair, or Are We Just Jealous? (NPR) Cost of globalization: White House Brags...

A Closer Look at the Hands that Make Apple iPads and Victoria's Secret Panties

Posted by: Dan Beucke on January 13

It's an uncomfortable fact of modern life that many iconic consumer products are built by people who could never afford to buy them. Yet there is great risk to...

The 5 Percent Solution to Paying for College

Posted by: Dan Beucke on January 12

There's an interesting post and comment stream over at Lou Lavelle's B-schools blog, about an alternative plan for funding a college education in California. The Fix UC proposal would...

Romney Attack Video Goes Places Democrats Only Dream of Going

Posted by: Dan Beucke on January 11

Ronald Reagan famously popularized the Eleventh Commandment, "thou shalt not speak ill of any fellow Republican." Now that my colleague Josh Green has obtained a copy of the highly...

Where Do the Long Term Jobless Go? Not Into Jobs. (See: My Dad)

Posted by: Mark Gimein on January 10

On the surface, the best news in last week's generally positive employment data was the big fall in the number of "discouraged workers"--folks who want work but have stopped looking...

Romney Gets a Lesson in Creative Destruction From GOP Rivals

Posted by: Dan Beucke on January 09

Mitt Romney knew he'd eventually come in for a beating for his role as a buyout specialist who restructured companies, sometimes chopping jobs in pursuit of a profit. He...

The Wealth Watch: 10 Must-Read Links

Posted by: Dan Beucke on January 08

Misreading college majors: How Art History Powers the Economy (View, Postrel) Beware narcissistic CEOs: The Ego Has Landed (WSJ) 12 years to close the gap: Shrinking Job Opportunities (Hamilton...

The Winners and Losers in Today's Jobs Report

Posted by: Dan Beucke on January 06

The jobs pictured brightened considerably at the end of 2011 -- and if you were in mining and oil, it's positively booming. This morning's Bureau of Labor Statistics report...

Opportunity in America: One Campaign Fight Worth Waging

Posted by: Dan Beucke on January 05

A front-page article in today's New York Times examines the long odds of rising from the lowest rungs of American society. It's a more complex issue, of more consequence,...

The Wealth Watch: 10 Must-Read Links

Posted by: Dan Beucke on January 02

The rich seek refuge: New Art Buyers Boost 2011 Sales to $1.7 Billion (Bloomberg) Occupy's Rose Parade float: 70-foot octopus of corporate greed (LA Times) Resolutions: Saving the New...

Sympathy for the Successful: Billionaires Bite Back

Posted by: Dan Beucke on December 21

A story from Bloomberg's Max Abelson yesterday noted the opening of a media counter-offensive by the 1 percent against what many of them believe are unwarranted attacks on wealth,...

The Wealth Watch: 10 Must-Read Links

Posted by: Dan Beucke on December 18

Occupy Rome: Roman Empire more equal than the U.S. (Marginal Revolution) "Story ends badly": China's Local Government Debts Dwarf Official Data (Bloomberg) Feel-good story: Anonymous donors pay off Kmart...

Welcome to the Income-Gap Capital of the U.S.A.

Posted by: Dan Beucke on December 12

At the height of the Occupy Wall Street protests, some critics pointed out that the lower-Manhattan camp was misplaced in that it missed the real seats of financial power:...

The Wealth Watch: 10 Must-Read Links

Posted by: Dan Beucke on December 10

Occupy campus recruiting: An Orange and Black Eye for 2 Banks (DealBook) From a rich American: Rich People Don't Create Jobs (Blodget, Business Insider) Post-grads' lament: Trapped by $50,000...

Obama: I Don't Hate the Millionaire Next Door

Posted by: Dan Beucke on December 07

Here's one way to interpret President Obama's speech yesterday in Osawatomie, Kansas: It's his attempt to tie together the loose-knit complaints of the 99% -- against wealth accumulation by the...

Monday Morning Wealth Watch

Posted by: Dan Beucke on December 05

Advice from the 1%: Lever Up, Drop Out (Lewis, View) Powerball payoff: Hedge fund lottery winners donate $1M for veterans (AP) Black college major choices: 'Opting Out' (Inside Higher...

Weekend Wealth Watch

Posted by: Dan Beucke on December 03

Jobs and 2012: Democrats, GOP Seize on Competing Narratives (NY Times) Why 8.6%=bad news: A Note on the Unemployment Rate Drop (Brad DeLong) 8% more to go: Home Prices...

Friday Morning Wealth Watch

Posted by: Dan Beucke on December 02

Surprise: U.S. Jobless Rate Unexpectedly Declines to 8.6% (Bloomberg) Finding Community at OWS: All the Angry People (New Yorker) Don't say "capitalism": Teaching the GOP to talk about OWS...

Thursday Morning Wealth Watch

Posted by: Dan Beucke on December 01

Occupied on the inside: On Wall Street, Some Express Quiet Outrage (DealBook) Young Analyst To 99%: 'The Finance Industry Is A Complete Scam' (Business Insider) Forget job creators: The...

NBA's Super-Elite Get Even Super-Eliter: Why the 1% Do Just Fine in New Contract

Posted by: Dan Beucke on November 30

For those following the wealth debate, the contract battle just ended between NBA players and owners raises all sorts of issues: labor vs. capital, pay disparity, the way we...

Wednesday Morning Wealth Watch

Posted by: Dan Beucke on November 30

Occupy LA, Philly: Police Raids Clear Camps (Bloomberg) Shadow of Assange: OWS and Advantages of a Leaderless Movement (NY Magazine) Peer pressure: At Top Colleges, Anti-Wall St. Fervor Complicates...

Tuesday Morning Wealth Watch

Posted by: Dan Beucke on November 29

$100 billion IPO: Why Greedy Stockholders Could Hurt Facebook (TechCrunch) "Crony capitalism": How Paulson Tipped Hedge Funds to GSE Plan (Bloomberg) More, please: Bloomberg Report Exposes the Fed Doing...

Monday Morning Wealth Watch

Posted by: Dan Beucke on November 28

Occupy LA: Police and Los Angeles protesters skirmish (Reuters) Secrets of the Fed: Banks Made $13B on Undisclosed Loans (Bloomberg) 2012=1968?: How OWS could consume Obama (NY Magazine) A...

Weekend Wealth Watch

Posted by: Dan Beucke on November 27

To leave or stay in LA: Some vow civil disobedience at midnight (LA Times) 5 PM deadline: Occupy Philadelphia weighs options (Philly Inquirer) Protest becomes performance: The Man Behind...

Black Friday, Pepper Spray, and Holiday Shopping Myths

Posted by: Dan Beucke on November 25

It's now official: 2011 will go down as the Year of Pepper Spray. First, the incidents of police spraying Occupy demonstrators in New York and at UC Davis. And...

Friday Morning Wealth Watch

Posted by: Dan Beucke on November 25

Cuff loan approvers?: America's Modern-Day Debtor's Prison (McArdle, Atlantic) Big plans: Protesters Look for Ways to Feed the Web (NY Times) Forget college: 9 Hot Blue Collar Jobs (The...

No College Degree Will Buy Your Way Into The Top 1%

Posted by: Mark Gimein on November 23

One common perception about the widening income gap is that it's driven by social and economic trends that have put a higher value on education. That idea has been...

Wednesday Morning Wealth Watch

Posted by: Dan Beucke on November 23

Low value-added: What's the Contribution of the Financial Sector? (Naked Capitalism) "Homogeneously high-skilled": The Great Work Divide (McArdle, Atlantic) $30 camcorders: Stores Bow to Shoppers on Black Friday (Bloomberg)...

Tuesday Morning Wealth Watch

Posted by: Dan Beucke on November 22

Unoccupied: Wave of Layoffs Hits Wall Street (Bloomberg) Pepper-spray apology: Angry UC Davis protesters confront chancellor (SF Chronicle) "Modern-day debtor's prison": Debtor Arrests Criticized (WSJ) Home of the 1%:...

Monday Morning Wealth Watch

Posted by: Dan Beucke on November 21

Bizarro Supercommittee: A Neverending Cycle of Dysfunction (Atlantic) Goodbye, growth: The supercommittee's real failure isn't on the deficit (Klein, WashPost) Lobbyist: Banks should "undermine" Occupy protesters (MSNBC, HT/ Business...

Weekend Wealth Watch

Posted by: Dan Beucke on November 20

UC Davis, call for restraint: Too Much Violence, Pepper Spray (Atlantic) UC Davis reactions: The Moral Power of an Image (Fallows, Atlantic) The near-poor: Older, Suburban and Struggling (NY...

Friday Morning Wealth Watch

Posted by: Dan Beucke on November 18

March on Wall Street: Clashes, 240 Arrests Mark 'Day of Action' (NY Times) Going mobile: Occupy Wall Street's new tactics (NY Magazine) "The consumer is an income stream": Why...

Occupy Wall Street After 2 Months: A Scorecard

Posted by: Dan Beucke on November 17

It began on Sept. 17 with a few hundred people gathering in lower Manhattan. The protest -- against banks, moneyed influence in Washington, corporate power, and a host of...

Thursday Morning Wealth Watch

Posted by: Dan Beucke on November 17

Live coverage: Occupy Wall Street's day of action (Guardian) Subways, stock exchange: New York City Protesters on the March (Bloomberg) Dennis Gartman: God bless income disparity (FT Alphaville) Tick:...

Wednesday Morning Wealth Watch

Posted by: Dan Beucke on November 16

Now what?: Occupy Wall Street's Eviction Was a Lucky Break (Atlantic) Hold the pepper spray: After an Earlier Misstep, a Minutely Planned Raid (NY Times) Heard on the street:...

Tuesday Morning Wealth Watch

Posted by: Dan Beucke on November 15

NYC cracks down: Police Clear Zuccotti Park of Protesters (NY Times) What's next: Mayor speaks, protesters plan next move (NY Times, City Room blog) Prelude to the crackdown: Protesters...

Monday Morning Wealth Watch

Posted by: Dan Beucke on November 14

Perfect timing: Is Congress trading stock on inside information? (60 Minutes, CBS) Capitol gains: Congress and stocks: Does it matter? (Atlantic) Fee for all: Banks Quietly Ramping Up Costs...

Military Veterans and Corporate America

Posted by: Dan Beucke on November 13

My post last Friday about the jobless picture for young veterans clearly struck a nerve. The commentary that followed ranges across issues of war, peace, hope, despair, skills training --...

Weekend Wealth Watch

Posted by: Dan Beucke on November 12

Chef takes heat: Bankers Blast Batali; Others Say 'Leave Mario Alone!' (Bloomberg) Sandy Weill's $88 million downsizing: Occupy This, OWS (Greiff, Bloomberg View) Back at ya: Occupy Wall Street...

Unemployment for Young Vets: 30%, and Rising

Posted by: Dan Beucke on November 11

On Veterans Day in America, it's sobering to realize just how badly the job market has turned against the men and women who fought in Iraq and Afghanistan. Their...

Friday Morning Wealth Watch

Posted by: Dan Beucke on November 11

J.C. Penney takes a stand: Thanksgiving as Day to Shop Meets Rejection (NY Times) Congrats, you made the 10Q: OWS Gets CME Group's Attention (Footnoted.org) Bad day for OWS:...

Thursday Morning Wealth Watch

Posted by: Dan Beucke on November 10

Bobby Bailout, Flash Cash: Meet OWS's Mysterious Finance Committee (NY Magazine) Down the sewer: Jefferson County in Biggest Municipal Bankruptcy (Bloomberg) Bragging rights: Ultra Wealthy in U.S. to Outnumber...

Tuesday Morning Wealth Watch

Posted by: Dan Beucke on November 08

The "safe" side: The Truth About Crime And Sexual Assault At OWS (Business Insider) Too big for bonuses: End Bonuses for Bankers (Taleb, NY Times) $1 million medallion: Taxi...

The Web's Next Big Thing: Cheap Labor

Posted by: Dan Beucke on November 07

For $25, Daniel H will help debug your software. Valerie asks just $20 to pick your folks up from the airport. Miss Minty, for $50, will teach you to...

Monday Morning Wealth Watch

Posted by: Dan Beucke on November 07

Lending bubble: China Credit Squeeze Spurs Suicides, Violence (Bloomberg) What caused the crisis? The Big Lie goes viral (The Big Picture) Do I hear 10 years?: The Trials of...

Who's Gaining and Losing in the Job Market

Posted by: Dan Beucke on November 04

The early read on this morning's jobs report from the Bureau of Labor Statistics is that it illustrates the "frustratingly slow," "sluggish," or "muddling" recovery. Certainly the 80,000 overall...

About

"The Wealth Debate" is a running discussion of wealth, poverty, the economy and income inequality in the U.S. and the world. It was started shortly after the Occupy Wall Street movement sparked a global protest about the fallout from the financial crisis and money in politics. You can reach the editors, Dan Beucke and Mark Gimein, by email, or follow BloombergNow on Twitter to keep up with posts.

Analyses or commentary in this blog are the views of the author and or commentators, and do not necessarily reflect the views of Bloomberg News.

BW Mall - Sponsored Links

Buy a link now!