The limits of markets also help explain why we expect workers who provide care services. This expectation, generally though not always fulfilled, makes it difficult for care workers to threaten to withdraw their services; it lowers their bargaining power.
Who, exactly, are care workers, other than the people we need most right now, as the covid-19 pandemic overlays the division of labor with a new division of risk?
We are the lucky ones, distancing in an already pretty distanced place. On country roads, plenty of space for walking, biking, breathing easy.
The Roosevelt Institute organized a twitter chat on Friday, March 29th and invited me to participate, along with about twenty other people (under the hashtag #ProgressingAhead).
I must be a boomer, because I can never remember the difference between Generations X, Y (Millennials) and Z.
Greta Thunberg is highlighting a point that most economists have missed: climate change is happening so rapidly that it is threatening the economic prospects of children already born, children who lack the political or economic power to fully represent their own interests, but are fully capable of anger, outrage, and protest at the complacency of the older generation.
Whatever you think about Andy Yang, you gotta love his slogan: Make America Think Again, acronymized as MATH. Yang has helped publicize the concept of a universal basic income, or UBI, and that concept itself is encouraging America to think harder about social policy.
With a hat tip to one of the first feminist economics conferences, (“Out of the Margin” in 1993), I’m inaugurating a mini-series on miscellaneous outrages, Beyond the Margins.