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“#Going green dramatically benefits businesses – it should be central to their coronavirus recovery strategy” Credit: Yoyo Dy/Unsplash, FAL The onset of the pandemic and the ensuing lockdown have imperilled businesses worldwide. It will be tempting for firms to put any commitment to the environment in the back seat as they attempt to recover, especially…
“#Workplace transmissions: a predictable result of the class divide in worker rights” Credit: Pixabay/CC0 Public Domain How to stop sick people going to work? That’s a question the Victorian government has been grappling with since it became clear about 80% of new COVID-19 infections in the state’s second-wave outbreak were from workplace transmissions. After official…
“#How power distance belief affects consumers’ price sensitivity” Credit: CC0 Public Domain Researchers from Indiana University and Miami University-Ohio published a new paper in the Journal of Marketing that examines how power distance belief affects consumers’ price sensitivity. The study forthcoming in the Journal of Marketing is titled “Price No Object!: The Impact of Power…
“#Americans actively engaging in collectivism as financial buoy, experts say” Credit: CC0 Public Domain The economic effects of the coronavius in the U.S. have brought Americans’ preexisting financial precarity into stark focus. Karen Richman, University of Notre Dame director of undergraduate studies at the Institute for Latino Studies, and her colleague Joelle Saad-Lessler, associate teaching…
“#Donor incentives don’t always equate to more charitable giving, study finds” People are accustomed to getting cash in the mail from an aunt or grandparent. But what about from complete strangers? That’s now one of the most common ploys used by charitable organizations. Nicknamed “the coin trick,” charities often send money in donation request letters…
“#Early and mid-career scientists face a bleak future in the wake of the pandemic” Credit: Shutterstock The COVID-19 pandemic has taken a heavy toll on research in Australia. We surveyed 333 early and mid-career researchers in science, technical, engineering and medical (STEM) fields and found the impact on their productivity and mental health has been…
“#Industry concentration contributes to job quality erosion, wage stagnation” Credit: CC0 Public Domain Cratering job quality and weak wage growth in the U.S. have typically been attributed to a combination of technological change, waning worker bargaining power and increased pressures from trade and financial markets. But according to research co-written by a University of Illinois,…
“#Economists conclude opioid crisis responsible for millions of children living apart from parents” Credit: CC0 Public Domain Nearly 500,000 people in the U.S. during the past 20 years have died from an opioid overdose. Millions of others—many of them parents—are using, incarcerated or in drug rehabilitation programs. While the drug crisis has had profound impacts…
“#Trillions in coronavirus spending is putting AOC’s favorite economic theory to the test” Credit: Pixabay/CC0 Public Domain French philosopher Voltaire famously quipped: “If God did not exist, it would be necessary to invent him.” Something similar can be said of modern monetary theory, also known as MMT, because it may be the economy’s only hope…
“#COVID-19 is hitting tipped workers hard” Credit: CC0 Public Domain Even prior to COVID-19, tipped workers suffered from the inadequacies of the United States’ social safety net and minimum wage standards. The pandemic has exposed not only the inherent vulnerability of food service workers to a public health emergency but also how even government efforts…