35 Matching Annotations
  1. Jul 2021
  2. www.ubiquitypress.com www.ubiquitypress.com
    1. Education, at all levels and in its many forms, is experiencing significant social and economic pressure to change

      Is this change related to the general pressure on the welfare state caused by the 2008 financial crash and the 2020 pandemic?

  3. Mar 2021
    1. In the Camerer, Loewenstein and Weber's article, it is mentioned that the setting closest in structure to the market experiments done would be underwriting, a task in which well-informed experts price goods that are sold to a less-informed public. Investment bankers value securities, experts taste cheese, store buyers observe jewelry being modeled, and theater owners see movies before they are released. They then sell those goods to a less-informed public. If they suffer from the curse of knowledge, high-quality goods will be overpriced and low-quality goods underpriced relative to optimal, profit-maximizing prices; prices will reflect characteristics (e.g., quality) that are unobservable to uninformed buyers ("you get what you pay for").[5] The curse of knowledge has a paradoxical effect in these settings. By making better-informed agents think that their knowledge is shared by others, the curse helps alleviate the inefficiencies that result from information asymmetries (a better informed party having an advantage in a bargaining situation), bringing outcomes closer to complete information. In such settings, the curse on individuals may actually improve social welfare.

      How might one exploit this effect to more proactively improve and promote social welfare?

    1. Decerf, B., Ferreira, F. H. G., Mahler, D. G., & Sterck, O. (2020). Lives and Livelihoods: Estimates of the Global Mortality and Poverty Effects of the COVID-19 Pandemic. IZA Discussion Paper, 13549.

  4. Feb 2021
  5. Jan 2021
  6. Dec 2020
  7. Oct 2020
    1. Debates about how to structure these programs have long been influenced by a related economic assumption: The more people really need a benefit, the more effort they’ll put into getting it. “For decades, economists had this view that burdens could quote-‘help’ separate out those that are what one calls truly disadvantaged versus those who might be more marginally needy,” said Hilary Hoynes, a professor of public policy and economics at the University of California, Berkeley. “Our current research suggests it could be exactly the opposite.” These burdens, she suggested, may instead be tripping up the worst off: hourly workers who can’t shuffle their schedules for a meeting; parents dealing with domestic violence, disabilities or low literacy; families without bank accounts to automate monthly payments; households already facing unpaid bills and late notices when another urgent letter arrives in the mail.
  8. Sep 2020
  9. Aug 2020
  10. Jul 2020
  11. Jun 2020
  12. May 2020
  13. Apr 2020
  14. Feb 2020
    1. It can be easier to apply for farm subsidies than it is to get SNAP benefits, said Joel Berg, a former official with the Department of Agriculture, the agency that administers both programs.
  15. Oct 2019
    1. 7-Eleven moves to support animal welfare By Nick Hall | 17 Feb 2019 View comments Global convenience chain, 7-Eleven has made major changes to its supplier sourcing agreement, eliminating caged eggs for the first time. The move follows ongoing criticism of the Australian cage egg farming industry, with several brands and chains making the early decision to move to wholly sustainable sourcing in-line with welfare standards. Working closely with suppliers across all states, 7-Eleven has now ensured that only free range eggs would be available for order by all stores. Clayton Ford, General Manager Corporate Affairs, 7-Eleven said the decision to phase out cage eggs was developed in accordance with franchisee wishes, with the convenience giant announcing it will increase support to assist in the transition. “Whilst our franchisees are free to engage with alternative suppliers due to our franchise agreement, we will continue to work alongside them to encourage their involvement in this initiative by sourcing free range eggs via our centralised supply chain,” Ford said. “We recognise that this is just one step, and we will continue to review animal welfare commitments in our supply chain and 7-Eleven branded products as opportunities arise.” Want to launch a convenience store of your own? Take a look at all available franchising opportunities here.
  16. Sep 2018
    1. welfare support

      Implement a timely response of welfare support linked to slow-downs of industries that involve numerous workers in given communities

  17. May 2017
  18. Jan 2017
    1. a number of studies have found that people on welfare, black Americans included, feel that people take advantage of the system and receive benefits when they should not

      Protestant work ethic shit, undermining social safety nets for all.

  19. Apr 2016
    1. The Finnish government is currently drawing up plans to introduce a national basic income. A final proposal won’t be presented until November 2016, but if all goes to schedule, Finland will scrap all existing benefits and instead hand out €800 ($870) per month—to everyone.
  20. Aug 2015
    1. The Nordic Model: Pros and Cons
      • Social benefits like free education, healthcare and pensions.
      • Redistributive taxation.
      • Relaxed employment laws.
      • History in family-driven agriculture. Culture of small entrepreneurial enterprises.
      • High rates of taxation.