Week In Review 1/2/2015

Let’s end the first Friday of 2015 with some articles from the last weeks of 2014 that are worth your time. I’ll also make some book suggestions that I think would be worth a read. First, from Inc.com, How to Lead Innovation like Superheroes: Knowing When Your Strength Becomes a Weakness, by Jeff DeGraff, author of Making Stone […]

Make $15/hour at McDonald’s? Just hope you talk to a real person

McDonald’s had a bad Tuesday. They released their quarterly earnings report on Tuesday and through it we discovered that the fast food chain a 30% decline in quarterly profits on a 5% drop in revenues. It wasn’t one region that brought the decline. Sales were weak in China, Europe and the United States. [1] In that report, however, […]

Education Funding Income

Income Inequality and Education Funding

It’s election season and one of the big topics that always comes up is the topic of education funding. Here in Georgia, it’s a big deal in the governor’s race. Doing a series of posts on income inequality expectedly brought me to looking into education. But I’ve had an education about education funding. Here’s what […]


Poor countries download movies. Rich countries download music

Professors at Northwestern University have just published a study that looked at the download habits of internet users, particularly as it relates to peer-to-peer file sharing. “The researchers analyzed 10,000 anonymous BitTorrent users from around the world during a typical month using data reported by users of the BitTorrent plugin Ono. File content types shared by […]

Tim Berners-Lee

Jobs will disappear…

This entry is part 6 of 6 in the series Income Inequality

I’ve been talking about income inequality over the last couple of weeks. In a previous post, I noted that many jobs will become automated and no longer needed. At the British paper, The Telegraph, the inventor of the internet – no, not Al Gore, but someone who knows what he’s talking about – Tim Berners-Lee […]

Solving the Income Inequality Problem

This entry is part of 6 in the series Income Inequality

In the previous post, I noted that one of the major causes of income inequality was the rise of technology. In fact, it may be the primary cause of an increased income inequality here in the US. Today, Computerworld.com published an article with this headline: “One in three jobs will be taken by software or […]

A bell and a well: the curving jobs economy in the 21st century

This entry is part 4 of 6 in the series Income Inequality

While doing my doctoral work, my faculty mentor, Leonard Sweet, introduced me to the Well Curve. The Well Curve is the inverse of the Bell Curve, The bell curve defined “normal distribution” – and it became a fundamental law of natural science, an elementary truth about the nature of reality. “Charles Darwin’s cousin Francis Galton […]

Income Inequality: How does the U.S. stack up globally?

This entry is part 3 of 6 in the series Income Inequality

American Inequality in Six Charts, an article in The New Yorker, looked at income inequality in the U.S. and did so using a set of charts put together by the Center for American Progress, the center-left think tank founded by Bill Clinton’s former chief of staff John Podesta as well as the author’s on research. […]

I dream of Gini or How is income inequality defined?

This entry is part 2 of 6 in the series Income Inequality

Simply put, income inequality refers to the difference in income distribution. Income, in this particular case, is not simply the difference between the paycheck between the richest and poorest, but income (or lack thereof) derived from rental income, stock gains, interest on savings accounts, and profits from selling something for more than a person bought it […]

Income Inequality

This entry is part 1 of 6 in the series Income Inequality

Recents events, such as the border crisis in the Southwest and the Israeli/Hamas outbreak in the Middle East, have taken over the 24/7 new cycle. But lingering in the background, and being written about in many of the major papers and talked about on many news programs is the issue of income inequality, particularly as […]