By Mike Koetting August 22, 2017
This is the third post on the environment. While it does follow from the first two, I also need to acknowledge that I was nudged into this post by a very thoughtful note from Jim Kent, a long-time friend and policy guru. I have freely incorporated some of his ideas in the below. I hope he doesn’t mind.
Almost everyone, everywhere wants stuff to consume. But the U.S. seems to be particularly vulnerable. Consumption in the U.S. measures about 50 percent higher than in the European Union. Americans consume more even than countries having higher per-capita GDPs. American houses are bigger, they have more appliances in these houses, they drive more cars more miles, and they consume more food. Continue reading “Consumption, GDP and the Environment”
By Mike Koetting August 13, 2017
This is the second post of what I now realize is three posts on the environment. I guess I shouldn’t be surprised that the entire future of humanity is at least somewhat complicated. Environmental issues are one of what I believe are the three biggest issues facing society, inequality and the meaning of work being the other two.
My last post argued that even if you don’t believe the case for imminent environmental disaster is absolutely watertight, there can really be no argument that the risks are increasing at a more than linear rate and that any responses will take time to have material impact. Given the magnitude of the consequences of guessing wrong on the dangers, the only sensible course of action is to change course now instead of waiting for absolute proof of looming disaster, by which time it may well be too late. Continue reading “The Environment: Saving Ourselves Will Not Be Easy”
By Mike Koetting July 30, 2017
Today’s post is on the environment, the middle of my trinity of critical issues—inequality, the environment, and the meaning of work. This is the first of two on this topic.
My thoughts about the environment are not to convince you that environmental degradation poses a serious threat to humanity. It assumes you believe that. If you don’t, you might as well stop reading here.
What I do want to convince you is:
- Current policy is exponentially more foolish than you already believe
- This interacts with issues around inequality in a bunch of messy ways
Today’s post concentrates on the first one. I’ll address the second in the next post. Continue reading “Environmental Risk—Squaring the Globe”
By Mike Koetting July 21, 2017
This is the last of four posts on inequality, one of what I see as the top three problems facing society. In subsequent posts, I’ll turn to the issues of the environment and the meaning of work, my other two priority problems.
Several months ago, I saw the movie Lion, the story of a very poor Indian five-year old who gets separated from his older brother in a busy train station. He cannot find his way home, winds up in an orphanage and eventually is adopted by an Australian family. The movie ends when he is finally reunited with his birth family in his old village. It’s based on a true story and is a good movie on its own merits. But I was profoundly distracted trying to get my head my head around the scope and depth of the poverty. And the huge numbers of people involved. All I could ask myself was: “Is there any realistic posture beyond benignly ignoring the issue?” Continue reading “Global Inequality”
By Mike Koetting July 12,2017
Today’s post continues a series of posts on inequality, the environment, and the nature of work—my list of the most serious problems facing society. This post looks at the issue of race and inequality in America. It is most explicitly about economic inequality, but, of course, economic impacts radiate more broadly.
It is very difficult to write about race in America without someone getting upset. It is truly a between hell and high water issue. But no survey of inequality in America would be complete without addressing this element. It is a specific factor that influences all the other dynamics. Whatever inequality there is in the country, it is hard to find a dimension on which African Americans, as a group, don’t do worse. Continue reading “Race and Inequality in America”
By Mike Koetting July 5, 2017
This is the second post in a series focusing on what I see as the top three issues facing society—inequality, the environment and the meaning of work. Last week’s post addressed the fact that changes in the labor market are generating inequality—to some degree regardless of politics. This post addresses the fact that some inequality is being caused, deliberately or accidentally, by the people on the fat side of inequality. The next post will address the specific issue of race and inequality.
Top-down Inequality is what happens when people with more assets use those assets to improve their positions at the expense of the rest of society. Continue reading “Top-Down Inequality”
By Mike Koetting June 28, 2017
This is the first of a series of posts on what I consider the three most pressing issues of our time—inequality, the environment, and the nature of work. As I will argue, these are linked. Today’s post looks at inequality through the lens of labor market changes.
By now even Inspector Clouseau has figured out that there is an inequality problem. Perhaps, however, the conversation could be helped by making a few distinctions about the nature of inequality. Policy-making requires clear understanding of the sources of the problem. There seems to be some blurring of issues in the current conversation.
I want to suggest there are two dynamics of inequality, labor market changes and top down inequality. They are related, but, at the same time, they are distinct dynamics. Continue reading “Inequality and the Changing Labor Market”