Is Unemployment the New Normal?
Mainstream economists are preaching a decade of pain and historically high joblessness as if no alternative policy existed. Dean Baker thinks pessimism has run rampant.
The willingness of economists to so quickly embrace this darker future is striking, says Dean Baker, co-director of the Centre for Economic and Policy Research. After all, one of the reasons that we have economists is, ostensibly, so that we don't get such unpleasant news about a "new normal". This is like a football team calmly accepting the sports writers' prediction that they would have a winless season, and deciding that their new goal was to minimise the margin of defeat. ... Economists really don't have much basis for this lowering of expectations of their own and the economy's performance.
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
Arranged marriages and Western romantic practices have more in common than we might think.
In his book In Praise of Love (2009), the French communist philosopher Alain Badiou attacks the notion of 'risk-free love', which he sees written in the commercial language of dating services that promise their customers 'love, without falling in love'.
She met mere mortals with and without the Vatican's approval.
- For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
- These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
- Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
New research on the public's opinion about genetically modified foods illustrates an alarming cognitive bias.
- A recent study compared the public's scientific literacy with their attitudes on GM foods.
- The results showed that "as the extremity of opposition increased, objective knowledge went down, but self-assessed knowledge went up."
- The results also suggest that, in terms of policy efforts to boost scientific literacy, education about a given topic alone isn't going to be enough.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.