economy

Pets, Politics and Presidents: Yun Forecasts Economy, Policy at NAR NXT

Boston, MA—Addressing an audience of hundreds on yet another big stage last week, Dr. Lawrence Yun, chief economist for the National Association of REALTORS® (NAR), acknowledged that the broad-based real estate rally that he and many other economists have been predicting has not—and will not—happen this year. “As you know, 2024 has been a very…

The post Pets, Politics and Presidents: Yun Forecasts Economy, Policy at NAR NXT appeared first on RISMedia.




economy

Gig Economy Boost Will Persist Post-Pandemic, Report Says

Michael Chichester explains how the pandemic has changed what the workforce looks like today and in the future.

Law360

View Article (Subscription required.) 




economy

The architecture of the Sudanese agricultural sector and its contribution to the economy between 1990 and 2021 [in Arabic]

بنية القطاع الزراعي السوداني ومساهمته في الاقتصاد بين عامي 1990 و2021




economy

The economy-wide impact of Sudan’s ongoing conflict: Implications on economic activity, agrifood system and poverty [in Arabic]

دخل النزاع المسلح بين القوات المسلحة السودانية وقوات الدعم السريع في السودان شهره السادس منذ اندلاعه في 15 أبريل 2023، دون أي مؤشرات على انتهائه قريبا. تسببت الحرب في كارثة إنسانية حادة، دمرت البنية التحتية الرئيسية، وقيدت أنشطة التجارة والإنتاج. علاوة على ذلك، أدى ذلك إلى تعطيل الوصول إلى المرافق العامة والخدمات المالية والأسواق، مما أدى إلى ندرة كبيرة في السلع والخدمات. في هذه الورقة، نستخدم إطار نمذجة مضاعف مصفوفة المحاسبة الاجتماعية لتقييم الآثار الاقتصادية على مستوى الاقتصاد لهذه الاضطرابات في النشاط الاقتصادي والموارد الإنتاجية وسبل العيش.




economy

Homer Simpson vs. the economy

When the beloved Simpsons family made its TV debut in 1989, it squarely represented middle-class America. Today ... not so much. That house, those two cars, those three kids all on one salary doesn't seem so believable anymore. Today we examine the changing reality of what middle-class means in America through the Simpsons. It's a wild, musical journey into the heart of the US economy. | Subscribe to our weekly newsletter here.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

Two Indicators shaking China's economy

Xi Jinping recently secured his third term as China's president – so we're looking at two shocks to the world's second-largest economy. First: How China's housing boom turned into a real estate crisis. Second: How the recent U.S. ban on selling advanced semiconductor chips to China could affect China's technology industry.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

The zoo economy (classic)

Note: This episode originally aired in September, 2014.

Zoos follow a fundamental principle: You can't sell or buy the animals. It's unethical and illegal to put a price tag on an elephant's head. But money is really useful — it lets you know who wants something and how much they want it. It lets you get rid of things you don't need and acquire things that you do need. It helps allocate assets where they are most valued. In this case, those assets are alive, and they need a safe home in the right climate.

So zoos and aquariums are left asking: What do you do in a world where you can't use money?

This episode was originally produced by Jess Jiang.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in
Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

A tarot card reading for the U.S. economy

Predicting the future of the economy is always a dicey proposition. That is especially true after more than three years of pandemic-related economic weirdness. No one quite knows what will happen next.

Will the Fed be able to pull off a soft landing and bring down inflation without causing either a recession or a big jump in unemployment? Or will we end up with a hard landing, in which inflation comes down, but at the price of the country's economic health? Or, a third possibility, will the Fed not successfully bring inflation down at all?

On today's show, three economic experts explain what they look for when trying to make predictions about what might come next for the U.S. economy. And how those indicators lead them to very different conclusions. We will also consult a tarot card reader...to see if her reading of the future can help us know which outcome is the most likely.

This episode was hosted by Keith Romer, Sarah Gonzalez, and Jeff Guo. It was produced by Sam Yellowhorse Kesler and edited by Jess Jiang. It was engineered by Kwesi Lee with help from Maggie Luthar and fact-checked by Sierra Juarez. Alex Goldmark is our Executive Producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.


Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

China's weakening economy in two Indicators

In China, data on the economy is sometimes difficult to come by. The Chinese government has put a pause on releasing some of its official economic data. But many of the stories emerging from the country paint a clear picture: the second largest economy in the world is struggling.

Today, our friends at The Indicator share some of their recent reporting on China. First up, it's a special edition of the Beigie Awards focused entirely on China. What can the approach of the Federal Reserve's Beige Book - i.e. looking at anecdotes that tell us something about where the economy is headed - show us about China's economy?

Then, we take a deep dive into one of the most alarming indicators in China: the skyrocketing urban youth unemployment rate.

This episode was hosted by Darian Woods, Wailin Wong, and Robert Smith. The original Indicator episodes were produced by Corey Bridges with engineering by Robert Rodriguez. They were fact-checked by Cooper Katz McKim and Sierra Juarez. They were edited by Paddy Hirsch and Kate Concannon.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in
Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

Why are we so bummed about the economy?

Would you say that you and your family are better off or worse off, financially, than you were a year ago? Do you think in 12 months we'll have good times, financially, or bad? Generally speaking, do you think now is a good time or a bad time to buy a house?

These are the kinds of questions baked into the Consumer Sentiment Index. And while the economy has been humming along surprisingly well lately, sentiment has stayed surprisingly low.

Today on the show: We are really bummed about the economy, despite the fact that unemployment and inflation are down. So, what gives? We talk to a former Fed economist trying to get to the heart of this paradox, and travel to Michigan to check in on the place where they check the vibes of the economy.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

The U.S. economy's biggest superpower, explained

What if you could borrow money on the cheap and use it to pay for just about anything? The U.S. government can, and does, with U.S. Treasuries. But the market for Treasuries might be more fragile than we know.

In this episode, Yesha Yadav of Vanderbilt Law School explains why.

This episode was first published as a bonus episode for our Planet Money+ listeners. Today we're making it available for everyone. To hear more episodes like this, and to hear Planet Money and The Indicator without sponsor messages, support the show by signing up for Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

The two companies driving the modern economy

At the core of most of the electronics we use today are some very tiny, very powerful chips. Semiconductor chips. And they are mighty: they help power our phones, laptops, and cars. They enable advances in healthcare, military systems, transportation, and clean energy. And they're also critical for artificial intelligence, providing the hardware needed to train complex machine learning.

On today's episode, we're bringing you two stories from our daily show The Indicator, diving into the two most important semiconductor chip companies, which have transformed the industry over the past 40 years.

First, we trace NVIDIA's journey from making niche graphics cards for gaming to making the most advanced chips in the world — and briefly becoming the world's biggest company. Next, we see how the Taiwan Semiconductor Manufacturing Company's decision to manufacture chips for its competition instead of itself flipped the entire industry on its head, and moved the vast majority of the world's advanced chip production to Taiwan.

Help support Planet Money and hear our bonus episode about NVIDIA by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

Summer School 7: The Great Depression, the New Deal and how it changed our economy

Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School.

When we last left the United States of America in our economic telling of history, it was the early 1900s and the country's leaders were starting to feel like they had the economic situation all figured out. Flash forward a decade or so, and the financial picture was still looking pretty good as America emerged from the first World War.

But then, everything came crashing down with the stock market collapse of 1929. Businesses closed, banks collapsed, one in four people was unemployed, families couldn't make rent, the economy was broken. And this was happening all over the world. Today we'll look at how leaders around the globe intervened to turn the international economy around, and in the process, how the Great Depression rapidly transformed the relationship between government and business forever.

This series is hosted by Robert Smith and produced by Audrey Dilling. Our project manager is Devin Mellor. This episode was edited by Planet Money Executive Producer Alex Goldmark and fact-checked by Sofia Shchukina.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+
in Apple Podcasts or at plus.npr.org/planetmoney.

Always free at these links:
Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

Find more Planet Money:
Facebook / Instagram / TikTok / Our weekly Newsletter.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy




economy

U of T Cities Podcast Ep. 3 Building Sustainable Cities - The future of Toronto's economy, transportation and environment

The future of Toronto’s economy, transportation and environmentIn the third episode of this miniseries, U of T Cities features University of Toronto experts working to build more sustainable cities in the realms of environment, infrastructure and economy. Learn more http://bit.ly/ZMDJK4 Landscape architecture professor Liat Margolis describes her work on green roofs and its implications for emergency management, energy […]




economy

Study: China Tariffs Will Cost the U.S. Economy up to $2.4 Billion Annually

American shoppers will have to pay between $1.6 billion and $3.2 billion more for connected devices such as gateways, modems, routers, smart speakers, smartwatches and other Bluetooth enabled products.





economy

Centering People in a New Economy

Fed up with capitalism’s destruction and inequality, there is a growing movement to build a new model based on “people’s prosperity.”




economy

How to Defeat “Wealth Supremacy” and Build a Democratic Economy

Marjorie Kelly's new book critiques the U.S. economy's embrace of "wealth supremacy," and explores alternate models of democratic economies.




economy

Unlocking the Personal Data Economy, with Privacy by Design

Professor Zhu Feida The global personal data economy is growing faster than anyone could have imagined. The current business model for data is broken – for individual users and businesses alike. On one hand, users don not have enough control over their own data, such as what data is collected and how the data is used. That challenges their privacy. Users are also not fairly rewarded for their data. On the other hand, while most businesses see the value of customer data, the data they have is fragmented and incomplete. That results in blurry customer profiles, inaccurate insights and poor recommendations. Furthermore, it is difficult for businesses to connect with their customers in a personalised way and track the effectiveness of the connection. In this podcast, Associate Professor Zhu Feida from SMU School of Information Systems shares his research on a next-generation, blockchain-based platform named Symphony. The platform seeks to empower a personal data economy by democratising and personalising data intelligence, with privacy by design.




economy

U.S. Plastics Pact Releases Guides to Advance Circular Economy for Plastics

Comprehensive playbooks on recyclability, reuse and compostability offer roadmap for sustainable plastic management.




economy

Emmi commits to closed-loop circular economy for packaging materials in Switzerland

The dairy product manufacturer’s ambitious sustainability goals include making packaging 100% recyclable and closing material loops by 2027.




economy

Circular Economy … Circular Career

My early career as a journalist — over a span of roughly six years — involved reporting for metropolitan weekly and daily newspapers. However, I have spent a much larger portion of my career in the B2B arena, and I cut my B2B teeth reporting on — ta-dah!! — the fresh produce industry. Hence, I can’t help but get excited when I get to write about packaging as it relates to fresh produce.




economy

Fed's Waller: Makes no comments on economy or monetary policy outlook

Fed's Waller is speaking but makes no comment on monetary or economic policy in his prepared remarks.

He does say:

  • private sector best suited to innovate on payment systems
  • Fed ready to support private innovation, mindful of financial stability.
  • Government should have clear objective when providing financial services.
  • There are times when government can address market inefficiencies
  • Still does not see case for Fed digital dollar

Perhaps he will comment on monetary policy/the economy in a Q&A later.

Looking ahead at

  • 10:15 AM ET, Richmond and President Barkin is speaking (he speaks at 5:30 PM ET as well).
  • 2 PM, Minneapolis Fed Pres. Kashkari speaking and at
  • 5 PM Philadelphia Fed Pres. Harker is scheduled to speak
This article was written by Greg Michalowski at www.forexlive.com.




economy

Fed's Barkin: Fed in position to respond appropriately regardless of how economy evolves

Richmond Fed Pres. parking is speaking and says:

  • Fed is in position to respond appropriately regardless of how economy involves.
  • US economy looks pretty good
  • Labor market is resilient.
  • From here, labor market mighty be fine or may continue to weaken.
  • Inflation might be coming under control or might risk getting stuck above Fed 2% target.
  • Feds focus may turn to upside inflation risks or to downside employment risks, depending on how economy develops.

The market is pricing a 65% chance of a 25 basis point cut in December. That is down over the last week or so (it was in the high 70%s last week).

US yields are higher but off their highest levels:

  • 2-year 4.314%, +6.1 basis points
  • 5-year 4.269%, +7.6 basis points
  • 10-year 4.370%, +6.3 basis points
  • 30 year 4.516%, +3.7 basis points
This article was written by Greg Michalowski at www.forexlive.com.




economy

Polkadot and SP Negócios Collaborate to Enhance Crypto Economy Development

SP Negócios, São Paulo’s investment and export promotion agency, has partnered with Polkadot to foster innovation among companies in São Paulo.

Driven by the growing market demand, Polkadot is increasingly positioning itself as an ally for businesses looking to grow in an innovative, secure, and transparent way. It has been sponsoring educational initiatives through Código Brazuca. Thanks to this, companies and citizens in São Paulo will have access to blockchain programming training through Código Brazuca's content starting in December. This will be possible through the partnership established with Polkadot / Sunset Labs and São Paulo’s investment and export promotion agency, SP Negócios.

“The partnership between Polkadot and SP Negócios will contribute to the training of Blockchain Programmers and is open to bringing technology to companies in São Paulo, whether they are startups, small and medium-sized enterprises, or large corporations seeking to invest in or adopt the technology,” says Gustavo J. Massena, Decentralized Business Developer at Polkadot.

The program is free and will be available online, open to companies in São Paulo. Registrations will soon be available through SP Negócios, and no prior qualifications are required.

The partnership with Polkadot is part of SP Negócios’s strategy to boost the business environment within the crypto economy sector, reinforcing São Paulo as a hub of technology and innovation. Blockchain plays a transformative role in various areas, including decentralized finance, asset tokenization, NFTs, and more. By promoting the training of qualified professionals, SP Negócios seeks to attract investments, foster new startups, and solidify the city as a reference in adopting and developing blockchain-based solutions.

About SP Negócios

SP Negócios (https://spnegocios.com/) is an autonomous social service aimed at boosting investments and business in São Paulo. It is linked to the Municipal Secretariat of Economic Development and Employment. The goal is to help São Paulo-based companies conduct more business through exports, innovation and technology, public sector engagement, and improvement of the business environment.

About Polkadot

Polkadot is an open-source, multichain sharing protocol that facilitates the transfer of any type of data or asset, not just tokens, between networks, making a wide range of blockchains interoperable.

This article was written by FL Contributors at www.forexlive.com.




economy

Fed speakers on energy, the economy, and maybe policy due on Wednesday

We had Fed speakers on Tuesday US time, Kashkari watered down the prospect of a December rate cut ... didn;t rule it out but he sounds shaky:

The agenda ahead includes another three. The times below are GMT/US Eastern time format:

  • 1435/0935 Federal Reserve Bank of Dallas President Lorie Logan gives opening remarks before hybrid "Energy and the Economy: Meeting Rising Energy Demand" Conference hosted by the Federal Reserve Banks of Dallas and Kansas City
  • 1800/1300 Federal Reserve Bank of St. Louis President Alberto Musalem speaks before an Economic Club of Memphis luncheon
  • 1830/1330 Federal Reserve Bank of Kansas City President Jeffrey Schmid gives luncheon keynote before hybrid "Energy and the Economy: Meeting Rising Energy Demand" Conference hosted by the Federal Reserve Banks of Dallas and Kansas City
This article was written by Eamonn Sheridan at www.forexlive.com.




economy

German economy ministry says US election result presents renewed uncertainty

The economy ministry notes that in light of the US election result, renewed uncertainty among German households and firms cannot be ruled out. It goes without saying that Trump tariffs on German exports is of course the big risk to watch out for. But indirectly, Trump's tariffs on China will also have some impact on the EU market. If China finds it tough to export goods to the US, they might look to flood the market in Europe instead. That's some other form of risk to be mindful about.

This article was written by Justin Low at www.forexlive.com.




economy

Study Finds TV And Radio Broadcasters Significant Contributors to Nation’s Economy

WASHINGTON, D.C. – The local commercial broadcast television and radio industry generates $1.23 trillion of Gross Domestic Product (GDP) and 2.52 million jobs through direct and stimulative effect on the American economy, found a new study by Woods & Poole Economics with support from BIA Advisory Services.




economy

The Creator Economy Takes Center Stage as Creators, Influencers and Brands Meet at NAB Show

Washington, D.C. - In a world where digital innovation is rapidly transforming traditional broadcast, media and entertainment industries, the creator economy has emerged as a driving force, reshaping the landscape and redefining how content is created, distributed and monetized. The Creator Lab is an exciting new addition to the 2024 NAB Show scheduled for April 13-17 (Exhibits April 14-17), at the Las Vegas Convention Center. This groundbreaking show floor experience includes interactive exhibits, expert panels, hands-on workshops and networking events that focus on creators, equipment, distribution channels and monetization techniques.




economy

Artificial Intelligence and the Creator Economy Take Center Stage at the 2024 NAB Show




economy

Speed Picking - Alternate and Economy

Its typical for any guitar player to want to isolate techniques and work on each one separate from another. For instance, we tend to work on sweep picking, and then when we're finished doing that we'll move on to something like alternate picking. Here's the rub - most professional sounding guitar players will combine such techniques. There are two strong reasons for this. One, it makes playing the advanced stuff on the guitar easier, and two, it gives a guitar player more room for expression.

So in this lesson we're going to work with an outstanding exercise that I use to warm up with personally, that combines two techniques. What are they? alternate picking and economy picking, but with more focus on alternate picking.

One more thing before we get started - I truly believe in the power of limiting yourself to working with just two exercises per technique. One big and one small, and I'll show you exactly how we're going to do that. We're going to build a small exercise, and then gradually turn it into our larger exercise.

Watch the video, then consult the tab.










economy

Budget 2024-25, Policy and Legislative Programme: Mr Conor Murphy MLA, Minister for the Economy

Room 30, Parliament Buildings



  • Committee for the Economy

economy

Renewable Heat Incentive Scheme (Amendment) Regulations (Northern Ireland) 2024: Department for the Economy

Room 30, Parliament Buildings



  • Committee for the Economy

economy

Financial Provisions Bill: Department for the Economy

Room 30, Parliament Buildings



  • Committee for the Economy

economy

October Monitoring Round and Update on Financial Position: Department for the Economy

Room 30, Parliament Buildings



  • Committee for the Economy

economy

Renewable Heat Incentive Scheme (Amendment) Regulations (Northern Ireland) 2024: Department for the Economy

Room 30, Parliament Buildings



  • Committee for the Economy

economy

COM(2022)748 Proposal for a Regulation Amending Regulation (EC) 1272/2008 on Classification, Labelling and Packaging of Substances and Mixtures: Department for the Economy; Department of Health; Department of Justice

Room 30, Parliament Buildings



  • Windsor Framework Democratic Scrutiny Committee

economy

Economy Committee Commends 'NI Year of Food and Drink' Success

The Committee for the Economy held an event at Parliament Buildings today to mark the success of the 'Northern Ireland Year of Food and Drink' initiative. In the month dedicated to 'Legacy and Learning', the Committee welcomed many award-winning local producers who showcased their skills and demonstrated how the campaign will help create a sustainable legacy for the local tourism and hospitality sectors.




economy

Embracing a greener economy

Thailand stands at a pivotal crossroads. While it has progressed from a low-income to an upper-middle-income economy, its path to high-income status faces formidable obstacles.




economy

Bangkok housing market set to decline amid poor economy

SCB EIC, the research centre of Siam Commercial Bank, predicts that the transfer of new residential units in Greater Bangkok will decline by 10% this year, with a further contraction of 1-3% projected for 2025, mainly due to the country's sluggish economy.




economy

Letters: Trump will fix it | Democracy is failing | Will economy improve?

Letter-writers take opposing sides on the impact of Tuesday's presidential election.




economy

Resolution 73 - (Rev. Geneva, 2022) - Information and communication technologies, environment, climate change and circular economy

Resolution 73 - (Rev. Geneva, 2022) - Information and communication technologies, environment, climate change and circular economy




economy

Case Study - Towards a Circular Economy with the Implementation of ITU International Standards in Costa Rica

Case Study - Towards a Circular Economy with the Implementation of ITU International Standards in Costa Rica




economy

Implementation of the ITU-T international standards for the sustainable management of electrical and electronic equipment: on the road to a circular economy in Argentina

Implementation of the ITU-T international standards for the sustainable management of electrical and electronic equipment: on the road to a circular economy in Argentina




economy

[ L.1022 (10/19) ] - Circular Economy: Definitions and concepts for material efficiency for ICT

Circular Economy: Definitions and concepts for material efficiency for ICT




economy

What the Negro League can teach us about our economy

I am a huge baseball fan, so World Series time is one of my favorite times of the year, especially when my Yankees are playing. (Yes—I’m a Yankees fan. Winners can handle the hate.) I went to my first game at Shea Stadium to see the Yankees play the Senators and played stickball in Lefferts Park imagining I would pitch for the Yankees someday.

I came up as a fan towards the tail end of the first generation of integrated baseball. Jackie Robinson broke the color barrier in the late forties. By the 1950s, the Negro League, which had until that point been the main place for Black men to play professional baseball, was essentially defunct.

This year was the 100th anniversary of the Negro League. It began in 1924 and grew in popularity from there. Despite the talent of the players in those teams, the all-white Major League did everything they could to keep Black men out of baseball. They resisted it for years until Jackie Robinson came along.

Why? Racism, sure. But also, because they were afraid.

They were afraid of putting Black men and white men on the same playing field—literally. They were worried—in some cases, rightfully so—that Black men would outperform white men at the game. Instead of opening the ballparks to everyone, creating a true meritocracy and better baseball for all, they artificially kept a part of the population out of the game.

The problem with limiting inclusion

I see a similar trend playing out in our economy now: We are artificially keeping a whole class of people out, limiting the true potential of what we can achieve.

Almost 400 laws have been introduced in the past few years to stop or restrict the use of social impact considerations in private sector decision-making. These include laws that would ban diversity, equity, and inclusion initiatives to support the most marginalized among us to start and grow businesses. This push has been exemplified by the legal effort to stop a privately funded program from the Fearless Fund, which aimed to help Black women founders and their companies. The Fearless Fund recently settled to avoid creating a legal precedent against these kinds of programs in the future.

I will not put on my attorney hat and get into the merits of these laws or lawsuits. That’s for another time. But clearly, a group of people felt threatened by the support of Black women entrepreneurs, enough to spend time and resources to take legal action.

They are doing this, even though Black women, women of color, and people of color in general, have the most barriers to success as entrepreneurs and small business owners. Black and Latiné business owners are usually constrained by undercapitalization and often lack access to traditional advisor and investor networks. As a result, people of color are less likely to be approved for small business loans, and when they are approved, receive lower amounts at higher interest rates compared to their white counterparts.

Investment returns are the same, yet . . .

The picture on the equity side of the equation is not any brighter. While white men receive at least 77% of the venture capital funding, Black men receive less than 1% of it. However, data have also shown that investment firms managed by people of color perform no different from firms managed by white people, for most asset classes.

For four major asset classes—mutual funds, hedge funds, real estate, and private equity—with a combined $69.1 trillion in assets globally, less than 1.3% are managed by people of color and white women. And of this asset bucket, only 1% percent are managed by Black people. This results in a lack of diversity in which founders are funded with venture capital and private equity. Like segregated baseball, it also begs the question about what innovation, creativity, and productivity are all of us missing out on because of this pattern of exclusion.

Legal advocates and their supporters are doing everything they can to stop anyone trying to upset this norm, just like they kept baseball segregated for as long as they could. Beyond a single case, they have effectively cowed potential investors from expanding economic opportunity for fear of becoming a target of groundless litigation. While Major League Baseball colluded to exclude Black men from competing with white men, white MLB players were also barred from competing in the Negro Leagues and feared reprisals.

Now, similar forces seek to bar Black women’s access to competition with white men by threatening reprisals to private investors and philanthropists. So far, their strategy seems to be successful. Unlike Dodgers owner Branch Rickey who invested in Jackie Robinson to win and ultimately improve baseball, white investors seem to be standing back, avoiding being called out as champions for economic equity and inclusion. (Their support for Robinson is probably the only reason I wasn’t too brokenhearted when the Dodgers beat my Yankees for the series title.) Perhaps investors do not want to find out if Black women entrepreneurs are actually better than the average white male entrepreneur.

We can all win in an inclusive economy

Our nation does not need to impede everyone capable and courageous enough to start a business, keeping up yesterday’s systemic barriers to economic opportunity. Such barriers need to be broken so we can all enjoy the fruits of an economy that recognizes talent and drive.

In the same way, we celebrate Jackie Robinson today and MLB has adjusted its records to include men like my grandfather, New York Cuban all-star pitcher Patricio Scantlebury, we will celebrate those with the courage to demand and strive for excellence and inclusion. They may not win before courts skilled in today’s ahistorical sophistry, but they will win in the court of public opinion. Our history will remember them and those who invested in them as champions for the equitable and inclusive economy we all deserve.

Joe Scantlebury, JD, is CEO of Living Cities.





economy

The COVID-19 Economy and the Roofing Contractor’s Exit

There is no perfect exit strategy for the COVID-19 crisis, but keeping these tips in mind will make planning one much smoother.




economy

Ghana: 'We Want to Empower the Youth to Succeed in Digital Economy'

[Ghanaian Times] Telecel Ghana Foundation has launched the Telecel Digitech Academy at St. Cecilia RC School, Hodome in the Volta Region, to equip young students across Ghana with the essential digital skills required for the future.




economy

Nigeria: NCS - Nitma Awards Will Create Tech Innovation, Boost Economy

[This Day] Emma Okonji