This Is How Prejudice Can Hinder the Economy
Odd Lots31 Dec 2020

This Is How Prejudice Can Hinder the Economy

Economics is all about improving living standards, but rarely does the dismal science deal with social justice or talk about how a lack of it could actually hinder growth. In this episode, UBS Global Chief Economist Paul Donovan discusses how prejudice and labor markets are intertwined, and why discrimination can restrict development. Donovan describes how historical technological advances have often increased racism, sexism and other forms of prejudice as people sought out scapegoats to blame for lost jobs and wealth. He also describes how the current 'fourth industrial revolution' is fomenting more blame, and what economists can do about it.

Odd Lots listeners are eligible for a 25% discount on the hardback or eBook edition of Paul Donovan’s new book, Profit and Prejudice: The Luddites of the Fourth Industrial Revolution, via the Routledge website by using the offer code “OL25” at checkout.

See omnystudio.com/listener for privacy information.

Avsnitt(1184)

The Internet Is Secretly Powered By Billions Of Tiny Auctions

The Internet Is Secretly Powered By Billions Of Tiny Auctions

Everyone knows that online advertising pays for a massive chunk of the internet that people know and love, whether it's social networking sites, news, photo sharing apps, or anything else. But how do ...

2 Juli 201831min

The Creator of VaR Explains How Large Banks Measure The Risk Of Their Own Portfolios

The Creator of VaR Explains How Large Banks Measure The Risk Of Their Own Portfolios

Earlier this year, markets were spooked by blow-ups in a number of volatility-linked products. But dealing with volatility is the foundation of risk management on Wall Street and there's a particular ...

25 Juni 201833min

Meet The Chicago Floor Trader Who Helped Inspire The Tea Party Movement

Meet The Chicago Floor Trader Who Helped Inspire The Tea Party Movement

A pivotal moment in U.S. political history is when CNBC's Rick Santelli went on a gigantic rant against Obama's stimulus programs while on the floor of the Chicago Board of Trade. The rant is credited...

18 Juni 201834min

The Inventor Of 'Bond Vigilantes' Explains Why They Just Showed Up In Italy

The Inventor Of 'Bond Vigilantes' Explains Why They Just Showed Up In Italy

Longtime market analyst Ed Yardeni came up with the term "Bond Vigilantes" to describe the way bond market participants can punish governments who run economically irresponsible policies. When Yardeni...

11 Juni 201831min

This Is How The Chocolate Market Actually Works

This Is How The Chocolate Market Actually Works

When you're eating a chocolate bar, there's a good chance you're not thinking about the complex commodity market that allows cocoa beans to make it into a tasty snack. But obviously cocoa trading is a...

4 Juni 201835min

What the Finance Industry's All-Night Scavenger Hunt Is Actually Like

What the Finance Industry's All-Night Scavenger Hunt Is Actually Like

For years, big banks, hedge funds and other investment firms took part in an epic scavenger hunt in New York. Inspired by the 1980 movie, “Midnight Madness,” teams of quants and traders would stay out...

28 Maj 201833min

This Is China's Plan To Be A Technology Powerhouse By The Year 2025

This Is China's Plan To Be A Technology Powerhouse By The Year 2025

The recent trade tensions between the Trump administration and China has shone a light on the country's ambitions to become a technology powerhouse, as one of the complaints is that China unfairly ext...

21 Maj 201828min

Inside the Multi-Year Quest to Create a Bitcoin ETF

Inside the Multi-Year Quest to Create a Bitcoin ETF

When Bitcoin first began generating headlines, there were some who thought the cryptocurrency was a fraud and others who thought it was the next big thing. Greg King, CEO of Rex Shares LLC, was one of...

14 Maj 201829min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
svd-tech-brief
rss-svart-marknad
rss-borsens-finest
badfluence
uppgang-och-fall
avanzapodden
fill-or-kill
bathina-en-podcast
rss-inga-dumma-fragor-om-pengar
rss-dagen-med-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
lastbilspodden
borsmorgon
tabberaset
rss-kort-lang-analyspodden-fran-di
24fragor
bilar-med-sladd