1. Phillip Swagel with a good piece on Inequality and Opportunity
… I am not convinced, however, that the president's proposals are well matched to the problem he describes. Indeed, Mr. Obama is better at describing the outcomes he seeks than at putting forward a coherent set of policies to reach those outcomes. But I think I see what he has in mind.
Mr. Obama is looking at two horizons. The main determinant of inequality is what the Harvard economics professors Claudia Goldin and Lawrence Katz call a "race between technological change and educational attainment." Technology has increased the demand for skilled workers but educational attainment has not kept up, leading to rising payoffs for those at the top. Widening inequality reflects the fact that too many Americans do not have the skills needed for today's economy. But changing this takes time. So while he proposes universal preschool to benefit the future work force and new training programs delivered through community colleges for existing workers, Mr. Obama seeks to foster a stronger economy here and now, to drive higher earnings for people at all income levels rather than just those at the top. …
2. Shared Justice: Beyond Purely Economic Solutions to Poverty
Christians must agree on a holistic definition of poverty that includes relational and spiritual elements. …
… But is the problem of poverty really that simple, a lack of opportunity given to those in the lowest economic class? It depends on how you define the terms "poverty" and "opportunity," as well as the terms "justice" and "charity"—all of which require multi-dimensional definitions if we hope to build a constructive conversation around the problem of poverty. Throughout the next two months at Shared Justice, we'll be fostering that conversation; to do so, though, we first must return to the basics and refine the questions. In other words, the question is: What are the right definitions?
But is the problem of poverty really that simple, a lack of opportunity given to those in the lowest economic class? It depends on how you define the terms "poverty" and "opportunity," as well as the terms "justice" and "charity"—all of which require multi-dimensional definitions if we hope to build a constructive conversation around the problem of poverty. Throughout the next two months at Shared Justice, we'll be fostering that conversation; to do so, though, we first must return to the basics and refine the questions. In other words, the question is: What are the right definitions? …
… Broken relationships lie at the root of all of these things, so solving poverty demands that we meet more than just material needs—and that isn't easy. Generally Christians today have engaged in one-way giving and service amounting to little more than charity in the end, which is only part of our calling. And the result? Christians and the church have been relatively ineffective at providing lasting opportunities for the poor to overcome their situations. …
3. Charitable Giving: Baby Boomers Donate More, Study Shows
4. Economist: Rewriting history – "A new measure for GDP adds billions to America's economy"
5. Why the Church and Charity Aren't Enough – Derek Penwell
…My friend argues that taking care of the poor is the church's responsibility — that people who work hard shouldn't have to give so much of what they earn back to the government in taxes. Government is notoriously inefficient and sloppy.
So, I tell him that all of that might be true, but to people on the outside looking in, to folks who don't share his strong faith in the church's ability to get it right either, such a theology of social organization looks suspiciously like a dodge — a flimsy attempt to baptize selfishness. To them it sounds like "I got mine … through a paradoxical admixture of my hard work and God's blessing, which means God wants me to have all this stuff; and conversely, it means God doesn't want poor people to have any stuff, let alone my stuff."…
6. Why China's 'Dominance' of Manufacturing Is Misleading
10. Many Americans have no friends of another race: poll
About 40 percent of white Americans and about 25 percent of non-white Americans are surrounded exclusively by friends of their own race, according to an ongoing Reuters/Ipsos poll.
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