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The Economy and the Economics of Everyday Life - Economix Blog - NYTimes.com
From the business staff of The New York Times, the Economix blog interprets the economy and helps you understand our world.
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  • Online Since: Jan 18, 1994

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  1. Title
    The Economy and the Economics of Everyday Life - Economix Blog - NYTimes.com
  2. < meta > Description
    From the business staff of The New York Times, the Economix blog interprets the economy and helps you understand our world.
  3. < meta > Keywords
    Economics, Economy, Economics Policy, Economics Reports, Business
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  6. Captured Content
    December 17, 2012, 6:33 pm. The ‘Mommy Penalty,’ Around the World. Around the developed world, women earn less than men by a sizable margin: as of 2010, about 16 percent less when employed in similar full-time jobs. Women with children, though, experience a far larger wage gap, a phenomenon known as the “mommy penalty. Gender pay gap is defined as the difference between male and female median wages divided by male median wages, for full-time workers only. “Children” defined as aged less than 16 years old. Source: Organization for Economic Cooperation and Development. That chart is from the Organization for Economic Cooperation and Development’s latest report on the gender gap around the world. It shows that, among members of the O. , the median woman without children who works full time earns 7 percent less than the median man working full time, whereas the median female full-time worker with children earns 22 percent less than the median male full-time worker. The United States is about on trend with developed countries over all: Read more…. December 17, 2012, 6:00 am. A Real Right to Work. Nancy Folbre is an economics professor at the University of Massachusetts, Amherst. She recently edited and contributed to “ For Love and Money: Care Provision in the United States. All Americans willing and able to work have a right to paid employment. If the private sector can t generate sufficient jobs, the public sector should provide them. Perspectives from expert contributors. This definition of right to work obviously differs from the one that Republican legislators in Michigan deployed when they passed a new law absolving workers from the responsibility of paying union fees even if they gain contract benefits from them. But perhaps their actions will dramatize the need to challenge their framing and reclaim the genuine meaning of the phrase. Most of us live in a world in which paid employment is the only avenue to economic self-sufficiency. Without it, families maintained by working-age adults are largely dependent on the kindness of strangers, otherwise known as extended unemployment insurance and food stamps. Yet, for more than four years, this nation has tolerated levels of unemployment that have essentially made it impossible for most of those seeking paid employment to find it, with a ratio of unemployed workers to job openings of more than three to one. Some Republicans have long insisted that many of the jobless, relaxing in a billowy social safety net, simply aren t trying hard enough to find a job. My fellow Economix contributor Casey Mulligan makes a similar argument when he contends that the poverty rate should have risen between 2007 and 2011, but didn t because public assistance was neutralizing the effect of job loss and undermining incentives to work. December 14, 2012, 6:00 am. The Trade-Off Between Economic Growth and Deficit Reduction. Laura D’Andrea Tyson is a professor at the Haas School of Business at the University of California, Berkeley, and served as chairwoman of the Council of Economic Advisers under President Bill Clinton. The economy is continuing to recover from its deepest recession since the Great Depression, but the pace of recovery is frustratingly slow. The question is why, and the answer has profound implications for fiscal policy and for the debate over deficit reduction and economic growth that has transfixed Washington. Perspectives from expert contributors. Since 2010, annual growth of gross domestic product has averaged about 2.1 percent. This is less than half the average pace of recoveries from previous recessions in the United States since the end of World War II, according to a recent study by the Congressional Budget Office. , a measure of the economy s underlying capacity, and actual G. have grown unusually slowly compared with previous recovery periods. growth has meant slow growth in employment. Payroll employment has been expanding at a rate of about 150,000 jobs per month duri ...
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    The New York Times
  • Directory Description:
    Online edition of the newspaper's news and commentary. [Registration required]
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    2. News → Newspapers → Regional → United States
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%Sub Domain:% of PageViewsPageViews per User
The Economy and the Economics of Everyday Life - Economix Blog ...
The New York Times Economix blog interprets the economy and helps us understand our world.
Bruce Bartlett: Are Taxes in the U.S. High or Low? - NYTimes.com
Bruce Bartlett has served as an economic adviser in the White House, the Treasury Department and Congress. Historically, the term “tax rate” has meant ...
Apple Stock's Lofty Heights, in Context - NYTimes.com
My colleague Peter Lattman wrote on Twitter that the rise in Apple’s stock on Thursday meant that its market value was higher than Microsoft and Google ...
Beer Drinking and What It Says About China's Economy - NYTimes.com
04/25/11 | Updated to correct figures on beer consumption in China and the Czech Republic. The average Chinese adult drank about a half a bottle of beer in ...
Economix http://economix.blogs.nytimes.com/ Explaining the Science of Everyday Life. Fri, 22 Jun 2012 14:00:21 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http ...
Book Chat: Why Does College Cost So Much? - NYTimes.com
My conversation with them follows: Q. You argue that the rapid rise in college tuition isn’t actually surprising. The costs of all kinds of other ...
economix.blogs.nytimes.com - Similar Sites and Reviews | Xmarks
Xmarks site page for nytimes economix.blogs.nytimes.com with topics, reviews, ratings and comments. The New York Times Economix blog interprets the economy and helps ...
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NY Times: Economy
Simon Johnson: JPMorgan Fiasco 'Awkward For The White House'
JPMorgan Chase is too big to fail. As the largest bank holding company in the United States, with assets approaching $2.5 trillion as reported under ...
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