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How Major League Talent Got Major League Pay
Once upon a time (the 1950s to be exact) CEOs of major corporations saved up to go on vacation, supermodels worked by the hour, and baseball players were happy just to eat steak dinners every night of...
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The impending fall of the Western middle-class (part I)
Middle-class people in rich Western countries like to tell a story about globalization, which goes something like this. Globalization means that some menial jobs are off-shored or outsourced, but new...
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The impending fall of the Western middle-class (Part II)
In my post last week I described the controversial new book The Global Auction, where Brown, Lauder and Ashton argue that the Western middle-class are subject to increasing competition from an army of...
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Apprenticeships in a Volatile Labor Market
When people talk about what it takes to succeed in the labor market today, they may talk about having the right connections or a college degree, but they rarely talk about apprenticeships. Most people...
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Living longer, yet less able to work
Last week Brendan described the results of a new NBER report that argued there was a contradiction between (i) declining mortality rates in the US/UK, and (ii) higher levels of disability benefits for...
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Offshoring middle-class jobs: myths, realities, policies
Good jobs in the UK and US are under threat, facing a ‘global auction’ against emerging economies that Western countries are likely to lose – according to a fascinating recent book by Brown, Lauder...
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The middle-class in poor countries
Last week I blogged the first part of an interview with Phillip Brown, and his work with Lauder and Ashton on the ‘global auction’ for middle-class jobs. In this final post, I asked him whether...
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