Challenge (Atlanta, Ga.)最新文献

{"title":"Resource Dearth: Challenges to Development in the American South","authors":"D. Carlton, Peter A. Coclanis","doi":"10.1080/05775132.2022.2038883","DOIUrl":"https://doi.org/10.1080/05775132.2022.2038883","url":null,"abstract":"Abstract The essay focuses on the problem of promoting economic development in a part of the U.S. South plagued by what the authors refer to as a “resource dearth.” In the case examined, the Albemarle region in northeastern North Carolina, the authors argue that such a dearth exists, and that the area’s isolation, limited natural and human resources, and troubled history have held back the region’s economic progress and render development difficult there even today. That said, they suggest one possible strategy that might help: the establishment of viable “mini- growth poles” within reasonable commuting distance of the ten-county area examined.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"145 1","pages":"3 - 11"},"PeriodicalIF":0.0,"publicationDate":"2022-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78200150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Income Inequality, Cause and Cure","authors":"B. N. Kausik","doi":"10.1080/05775132.2022.2046883","DOIUrl":"https://doi.org/10.1080/05775132.2022.2046883","url":null,"abstract":"Abstract We argue that the recent growth in income inequality is driven by disparate growth in investment income rather than by disparate growth in wages. Specifically, we present evidence that real wages are flat across a range of professions, doctors, software engineers, auto mechanics, and cashiers, while stock ownership favors higher education and income levels. Artificial intelligence and automation allocate an increased share of job tasks toward capital and away from labor. The rewards of automation accrue to capital and are reflected in the growth of the stock market, with several companies now valued in the trillions. We propose a deferred investment payroll plan to enable all workers to participate in the rewards of automation and analyze the performance of such a plan.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"23 1","pages":"93 - 105"},"PeriodicalIF":0.0,"publicationDate":"2022-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81980020","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Summary of the Findings of a Current Survey the Financial Health of Americans","authors":"J. Madrick","doi":"10.1080/05775132.2021.2033508","DOIUrl":"https://doi.org/10.1080/05775132.2021.2033508","url":null,"abstract":"Nearly two years into the COVID-19 pandemic, despite rising wages, America’s economic recovery remains unequal, Mary G. Finding, Robert J. Blendon, and John M. Bwenson report. They find that lowand moderate-income households continue to suffer financially. In a new survey examining serious problems facing U.S. households during the delta variant outbreak, four key differences among the experiences of households by income level (<$50,000/year, $50,000–$99,999/year, or $100,000/year) are discussed, as well as their implications for the future. First, despite trillions of dollars appropriated by federal and state governments during the CVOVID-19 outbreak to protect vulnerable Americans and a majority of American households reporting they have received financial assistance from the federal government in recent months, 59% of U.S. households earning less than $50,000 a year still report facing serious financial problems, while fewer than one in four households earning $50,000/year report this. Second, the housing crisis among renters is likely to worsen in the near term, as 34% of renters earning less than $50,000/year report serious problems paying rent, compared to fewer than 10% of those earning $50,000. This includes large shares of renters earning below $50,000 in the four largest U.S. cities (59% of Houston renters, 51% of Chicago renters, 44% of Los Angeles renters, and 44% of New York City renters). Third, problems for many lower-income households are likely to endure over time, as 30% of households earning <$50,000 lost all of their household savings during the COVID19 pandemic and have no savings to fall back on. Fourth, these problems may extend intergenerationally, as 72% of households with children earning <$50,000 report facing serious financial problems, and 49% of these households report their children have fallen behind in school a lot during the COVID-19 pandemic, compared with one-third or fewer households with children earning $50,000 who report these problems. This study was conducted by researchers at the Harvard T.H. Chan School of Public Health, using a 2021 poll by Harvard, National Public Radio, and the Robert Wood Johnson Foundation. In our second piece, Howard Sherman and Paul Sherman analyze the increase in educational attainment of workers by race, party affiliation, and gender since 1950. They assert that the future of progressive policies looks strong. They believe that increases in educational attainment have been significant and can set a progressive path for future equitable incorporation of workers of all classes as the nation goes forward. What were some of the most important evolutionary tendencies in the working class from 1950 to 2016? Can we create a second global Marshall Plan? The wealthy nations of the world currently maintain high immigration barriers. These barriers are necessitated by the pressure of billions of people in the poorer nations who seek to migrate to the richer nations, writes James A. Yunker","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"13 1","pages":"377 - 378"},"PeriodicalIF":0.0,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75195565","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Income Differences in Serious Financial Burdens Facing U.S. Households during Covid-19","authors":"Mary T G Findling, R. Blendon, J. Benson","doi":"10.1080/05775132.2021.2013674","DOIUrl":"https://doi.org/10.1080/05775132.2021.2013674","url":null,"abstract":"Abstract Nearly two years into the Covid-19 pandemic, America’s economic recovery remains unequal. The authors find that low- and moderate-income households continue to suffer financially. In a new survey examining serious problems facing U.S. households during the delta variant outbreak, four key differences among the experiences of households by income level (<$50,000/year, $50,000–$99,999/year, or $100,000+/year) are discussed, as well as their implications for the future. First, despite trillions of dollars appropriated by federal and state governments during the Covid-19 outbreak to protect vulnerable Americans and a majority of American households reporting they have received financial assistance from the federal government in the past few months, 59% of U.S. households earning below $50,000 a year still report facing serious financial problems, while fewer than one in four households earning $50,000+/year report this. Second, the housing crisis among renters is likely to worsen in the near-term, as 34% of renters earning below $50,000/year report serious problems paying rent, compared to fewer than 10% of those earning $50,000+. This includes large shares of renters earning below $50,000 in the four largest U.S. cities (59% of Houston renters, 51% of Chicago renters, 44% of Los Angeles renters, and 44% of New York City renters). Third, problems for many lower-income households are likely to endure over time, as 30% of households earning <$50,000 lost all of their household savings during the Covid-19 pandemic and have no savings to fall back on. Fourth, these problems may extend intergenerationally, as 72% of households with children earning <$50,000 report facing serious financial problems, and 49% of these households report their children have fallen behind in school a lot during the Covid-19 pandemic, compared with one-third or fewer households with children earning $50,000+ who report these problems. This study was conducted by researchers at the Harvard T.H. Chan School of Public Health, using a 2021 poll by Harvard, National Public Radio, and the Robert Wood Johnson Foundation.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"442 1","pages":"379 - 387"},"PeriodicalIF":0.0,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76464073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The New Working Class: Education, Economics and Politics","authors":"H. Sherman, Paul Sherman","doi":"10.1080/05775132.2021.1992154","DOIUrl":"https://doi.org/10.1080/05775132.2021.1992154","url":null,"abstract":"Abstract #The authors analyze the increase in educational attainment of workers by race, party affiliation, gender since 1950. They assert that the future of progressive policies looks strong.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"1 1","pages":"388 - 393"},"PeriodicalIF":0.0,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82047370","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Central Bank Digital Currencies and the Emerging Markets: The Currency Substitution Challenge","authors":"S. Edwards","doi":"10.1080/05775132.2021.2004738","DOIUrl":"https://doi.org/10.1080/05775132.2021.2004738","url":null,"abstract":"Abstract The implications for emerging countries of the adoption of central bank digital currencies (CBDCs) in advanced jurisdictions, such as the United States, the United Kingdom, and the Euro Zone, are now well-discussed. Unlike today’s common cryptocurrencies, these digital currencies are linked or will be linked to national currencies Some of the benefits of global CBDC are lower-cost international, including immigrants’ remittances. CBDCs are also associated with currency substitution, sudden currency depreciation, and lower seigniorage. At the global level, a smooth rollout of CBDCs writes the author, requires international coordination. As for emerging countries, they should benefit from stronger macroprudential regulations.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"13 1","pages":"413 - 424"},"PeriodicalIF":0.0,"publicationDate":"2021-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90888896","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Testing for the Virus in the First Year of COVID-19: A Primer and a Plea for the Economists","authors":"D. Fraenkel","doi":"10.1080/05775132.2021.1984066","DOIUrl":"https://doi.org/10.1080/05775132.2021.1984066","url":null,"abstract":"Abstract The author addresses practice and uncertainties in testing for infections.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"48 1","pages":"425 - 432"},"PeriodicalIF":0.0,"publicationDate":"2021-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85387914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Amplifying Heterodox Economics With Video Clips","authors":"Junaid B. Jahangir","doi":"10.1080/05775132.2021.1984092","DOIUrl":"https://doi.org/10.1080/05775132.2021.1984092","url":null,"abstract":"Abstract Many Economics 101 students do not major in the subject partly to the subject content that emphasizes abstract models over contemporary issues including climate change, inequality, and financial crises. This critique is of both content and presentation. To this end an unorthodox review of salient ideas of text book by Reardon et al., Introducing a New Economics, is undertaken and paired up with video clips from movies and cartoons to amplify their reach.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"3 1","pages":"433 - 452"},"PeriodicalIF":0.0,"publicationDate":"2021-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83709845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Review of Neo-Abolitionism: Abolishing Human Rentals in Favor of Workplace Democracy","authors":"Christopher Mackin","doi":"10.1080/05775132.2021.1979795","DOIUrl":"https://doi.org/10.1080/05775132.2021.1979795","url":null,"abstract":"","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"221 1","pages":"453 - 459"},"PeriodicalIF":0.0,"publicationDate":"2021-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74716054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Case for a Global Marshall Plan","authors":"J. Yunker","doi":"10.1080/05775132.2021.1979796","DOIUrl":"https://doi.org/10.1080/05775132.2021.1979796","url":null,"abstract":"Abstract The wealthy nations of the world currently maintain high immigration barriers. These barriers are necessitated by the pressure of billions of people in the poorer nations who seek to migrate to the richer nations. This pressure on the rich nations would be significantly alleviated if the global economic inequality situation were significantly reduced. One way to do this is to consolidate and expand existing foreign aid programs into a Global Marshall Plan (GMP). The author presents evidence that such an approach could be effective.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"10 1","pages":"394 - 405"},"PeriodicalIF":0.0,"publicationDate":"2021-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85230287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}