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Author Thomas Frank tells Bloomberg This Weekend that America’s celebration of creativity and innovation has helped justify policies that elevated white-collar knowledge work while contributing to inequality and the decline of manufacturing. Speaking with hosts David Gura and Christina Ruffini about his new book, The Creativity Con, Frank argues that innovation is neither uniquely American nor a guarantee of broadly shared prosperity. (Source: Bloomberg)
France is tackling nationwide protests, as students, unions, and activists rally against high prices and inequality.
Protests began across France on Saturday in what was expected to become a major nationwide protest against high prices and the fraying of a model intended to provide a basic level of opportunity and social security. The protests began last month at high schools in Paris’ poor northern suburbs, where anger over teacher absences and shabby facilities quickly morphed into a nationwide movement against inequality, weak public spending and falling standards. A large police presence was visible in...
Hong Kong secondary school student Agastya Rekhi is just 17, but he has been teaching finance and economics to younger children for nearly three years. Meeting families struggling to understand how prices, investments and economic news impacted their daily lives during voluntary work convinced him that access to information was only part of the problem. How that information was communicated was just as important. Rekhi, a finalist for the Spirit of Youth Award in this year’s Spirit of Hong Kong...
In the debate about how best to regulate artificial intelligence, what about its role in development and aid? Warnings about the potential for exacerbating inequality are rife – but the World Bank argues that the technology could be harnessed for good.