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- INOMICS Salary Report
- Posted 3 years ago
Countries with the Highest Salaries for Economists
The following article is an analysis of data taken from the INOMICS Salary Report 2020/21 - which is available to download in full here. Specifically, this article looks at the average salaries of economists around the world working in academia, the public sector and the private sector. It is the first instalment in a series of insights handling the Report’s findings.
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- Study Advice Article, Career Advice Article, Advice, Other Teaching Resource, Ranking
- Posted 3 years ago
Die besten internationalen Economics Fachjournale
Whether you are a seasoned researcher or a new economics student, it pays to know which journals are the most prestigious and well-known for certain topics. They can help you find the right papers for a literature review, stay on top of the latest research in the field, and even help you set your own publishing goals.
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- We Stand Divided
- Posted 3 years ago
The Effects of Inequality on Society
Inequality is rampant, we hardly need telling. Rarely does the print media pass up an opportunity to remind us. We stand inundated by an endless stream of statistics – on scales barely fathomable – each one more depressing than the last. For instance, it’s widely known that: ‘8% of humanity takes home 50% of global income’; that ‘the top 1% own 45% of the world’s wealth’; and how could we forget that ‘the 26 richest people on earth had the same net worth as the poorest half’. As shocking as these stats once were, they’re now dishearteningly familiar; we can recite them unassisted; we are numb to them.
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- INOMICS Salary Report 2020
- Posted 3 years ago
COVID-19 and the Effect on Female Employment and the Gender Pay Gap
Less than a year on from COVID’s genome sequencing, vaccination programs are being rolled out around the world. And while the pandemic is far from over, it would appear we’re approaching its endgame, arriving there faster than anyone dared hope. The previous fastest ever vaccine to be developed was for Mumps - and that took four years.
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- INOMICS-Gehaltsumfrage 2020
- Posted 3 years ago
Wie wurde der Arbeitsmarkt für Ökonomen durch das Coronavirus beeinflusst? - ein Ausblick auf den Bericht zur Gehaltsumfrage
In 2020, INOMICS once again carried out its salary survey, examining the state and health of the economics profession worldwide. As in previous years, the survey considered pay, sector, seniority, location, gender and educational background. Our 2020 survey was launched in the spring as cases of coronavirus began to increase exponentially around the world. Consequently, we added new questions related to the coronavirus pandemic to assess the effect of the crisis on economists and economics students.
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- Remote Learning
- Posted 3 years ago
The Best Free Online Macroeconomics Courses
With university life still suffering major disruptions and COVID fatigue reaching new heights, we at INOMICS felt it time for the latest instalment in our ‘online course’ series.
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- Improving Muslim Lives
- Posted 3 years ago
The Lives and Livelihoods Fund
Four years ago, the world adopted an ambitious set of Sustainable Development Goals (SDGs) designed ‘to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030’. Despite rising life expectancy and the eradication of many endemic diseases, more than 400 million people in the member states of the Islamic Development Bank (IsDB) still live in absolute poverty, subsisting on less than US$1.90 per day. It is, perhaps, these countries that face the greatest challenges in fulfilling the SDGs. Traditional methods of development finance have struggled to alleviate the extreme poverty in some regions of the world, leaving the poorest populations without the basic building blocks needed to lead healthy lives and build dignified livelihoods. Many remain deprived of primary healthcare, protection against infectious diseases, a sufficient and nutritious food supply, potable water, clean power, and sanitation.
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- Reading During the Pandemic
- Posted 3 years ago
The Best Behavioral Economics Books
The current circumstances can be tough: being isolated from families and friends is difficult, and having to spend most of our time inside isn’t particularly healthy. However, there is one thing you can spend a lot of time doing which will improve your quality of life exponentially: reading!
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- Steuern fair erheben
- Posted 3 years ago
Die Argumente für eine Einkommensteuerreform in den USA und in Großbritannien
Whether someone believes in higher rates of tax or not can tell you a lot about their political views. As a general rule, conservative politicians - at least since the 80s - have favoured fewer tax brackets and relatively lower rates of tax. The argument goes that this encourages people to work harder because they keep more of their money, which means more money remains in the economy; eventually it will trickle down to those not so rich. On the other end of the spectrum, more left-wing politicians argue that higher taxes on top earners are an effective way of raising government revenue for public services which help out those who need support, and that a few more dollars or pounds taken off of someone who earns astronomical sums already is a drop in the ocean.
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- Free Money For All?
- Posted 4 years ago
COVID-19 Strengthens the Case for UBI
Necessity is the mother of invention, so the old proverb goes. And with coronavirus spreading through countries, deep economic recession clambering at its coattails, the collective need has rarely been higher. In just four months, almost 300,000 lives have been taken worldwide, and lockdown, in its various forms, is threatening untold livelihoods - as of May 9th, 33 million jobs have been lost in the US alone. True to the saying, some invention has been forthcoming as incumbents have scrambled to protect their citizens and economies. The UK’s Chancellor, Rishi Sunak, for instance, has shown great ideological flexibility, committing to stimulus packages so large they’d make the most ardent of socialists blush. And similar developments can be seen across the world.
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- A Warming Earth
- Posted 4 years ago
The Case to End Fossil Fuel Subsidies
The continued existence of fossil fuel subsidies in a time of their almost universal condemnation reveals something about the governments that rule us, something pernicious, but also something all-too-predictable. Like no other area, they expose a gulf between rhetoric and action, a disconnect so stark that, if the risks it posed were less catastrophic, would almost be comical. Back in reality, though, the cognitive dissonance, cynicism, or whatever its cause, serves only to warm our planet and threaten all life.
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- Rankings
- Posted 4 years ago
Top Economics Think Tanks and Research Institutes in the US
Think tanks are important institutions in the modern world. As the world becomes more globalised, think tanks which can undertake research and advocacy work at a transnational level become essential players in the global scene. Seeing as economics doesn't happen in a vacuum - each country's economic situation affects the political situation of every other country - they are also crucial to the profession (or at least, line of academic study) of most of the readers of this website. But which ones are the ones you should be following? Which think tanks conduct the most groundbreaking, critical economic research? And which one would be the best one to work for, if you ever had the chance to get your feet in the doors of such prestigious institutions? We've taken a look at the best ones in the United States, so you don't have to do the legwork yourself.
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- New Metrics Needed
- Posted 4 years ago
Is it time to bin GDP?
Gross Domestic Product, or GDP, is the market value of all goods and services that a country produces in a given year, adjusted - to make it comparable to previous years - for inflation. In many ways, though, it's transcended this rather prosaic definition. It's become the barometer of a country’s progress, an indicator of a land’s prosperity, and the ultimate yardstick for assessing living standards. When growing (at expected rates), politicians refer to it as proof of the success of their policies. And when rates are not met, or, god forbid, GDP growth slows, it’s weaponised by those for whom it’s politically expedient. It has the power to both elect governments and bring them crashing down. In the theatre of politics, rarely is it anywhere but centre stage.
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- Comment
- Posted 4 years ago
The US Economy is Failing Young People
The US economy is improving, so we are told. With the financial crash receding into the distance, almost out of sight, things are looking up, the future is finally brightening. Unemployment reached a 50-year low in 2019, falling to 3.5%, while US employers have added almost 5 million jobs in just two years. These are ‘the best economic numbers our country has ever experienced’, the President declared at Davos, with characteristic humility. And bombast aside, his sentiment is not without foundation, the US economy is posting some good numbers. In addition to jobs, GDP has been growing at close to 3 percent annually, and the Dow Jones has increased by 49% is the last 3 years - all of which is great election fodder for the coming campaign. Democrats should be wary.
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- Career Advice Article
- Posted 4 years ago
Opportunity to Provide Expertise at the European Parliament - Interview with Alexandre Mathis
Parliamentary Research Administrator, Alexandre Mathis, kindly sat down with INOMICS to discuss his work and call for applications from economists to help advise on the EU Budget. Alexandre explained to us in more detail what he does and what exactly it is the European Parliament is looking for.
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- Blog Post
- Posted 4 years ago
The Economic Effects of Climate Change
The history of economic growth, the kind to which we are now accustomed, is inseparably intertwined with the discovery, and then plunder, of fossil fuels. Some historians have even argued their unearthing was its main catalyst, relegating more popular theories of free trade and technological innovation. The argument is seductively simple, and although something of an exaggeration, usefully highlights the strong connection between the two – for in tandem, they radically altered the course of human civilisation.
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- Blog Post
- Posted 4 years ago
The Case for Ecological Economics
In 2018, the World Meteorological Organization published its statement on the State of the Climate. The report showed that the 20 warmest years on record have occurred in the last 22 years. In the same year, the State of California’s Energy Commission published a report linking changing atmospheric conditions due to global warming as a direct cause of the devastating forest fires that swept through California, burning nearly 1.9 million acres’ of land and costing more than US$3.5 billion of damages.
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- Blog Post
- Posted 5 years ago
Automation: the challenges we face
Automation will transform our world; there is no doubt about it. Quite how, though, is highly contested – whether optimist or pessimist, there are predictions to match every predilection. Newspapers alternately run articles speculating a work-free, post-capitalist future filled with armchair philosophising, with forecasts of a world ravaged by inequality in which robots tend to the mega-rich, and everyone else is cast onto the scrap heap to contemplate what-on-earth went wrong. Little, it appears, exists in the in-between.
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- Ranking
- Posted 5 years ago
Top Economics Think Tanks and Research Institutes in Europe
If you're an economist looking for the very best think tanks and research institutes in Europe, look no further, you're in the right place. Here's our top ten list to help you out:
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- Blog Post
- Posted 5 years ago
Universal Basic Income: a panacea for society's ills?
As a policy, support for Universal Basic Income (UBI) flouts traditional political and social lines, making unlikely bedfellows of those on both the right and left wing. Facebook’s Mark Zuckerberg, free-market evangelist Milton Friedman, and firebrand economist Yanis Varoufakis all count among its high profile, and rather disparate, champions. With the help of their advocacy the initiative has entered into mainstream consciousness, and widespread political discussion of its implementation, in contrast to a few years ago, is now readily had. Gone are the days in which UBI was simply dismissed as an unattainable utopian concept.
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