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Deaths of Despair and the Future of Capitalism

Friday, March 27th, 2020

Deaths of Despair sheds important light on how the loss of manufacturing jobs and the rise of graduates have been two sides of the same coin in a US that has deindustrialised at breakneck speed in some regions, while shifting at a similar pace to a tech-focused “knowledge economy” in others. The economic, social and political consequences have been momentous… What Case and Deaton’s book vividly demonstrates is that, in the context of a malfunctioning form of capitalism, the myth of educational “meritocracy” can seriously damage people’s health.

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Nobel winner: don’t just listen to economists with ‘stake in the system’

Wednesday, January 1st, 2020

The voices that do get heard tend to be “people who call themselves economists but are actually working for a bank or have a stake in the system the way it is” – a minority within a profession where views were actually “much richer and more sophisticated, much more ideologically diverse”… Good Economics for Hard Times: Better Answers to Our Biggest Problems, published on 12 November by Allen Lane, is designed to “hold on to hope”

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How academics can improve their quality of life

Friday, November 22nd, 2019

In this ever-widening climate of financial scarcity and job insecurity, it’s no wonder that early and mid-career researchers are working themselves to the bone just to have a fighting chance of staying in the game. Many scholars are giving up and walking away entirely – and that should worry us. Impoverishing research and education damages our societies and weakens our democracies.

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