Redistribute Neighbourhoods Instead of Wealth

People hate taxes despite the fact that basically every person who studies economics knows they are needed and a great way to spur economic success. Despite the fact taxes are needed and good at helping poorer people in society, taxes are hated.

As a result, some researchers in the USA have looked into alternative ways to help poor people escape poverty. One solution is to change the way we help neighbourhoods rather than looking at taxes.

More Americans live in high-poverty areas than ever in history, defined usually as places where more than 30% to 40% of residents are below the poverty line. The number of people who live these neighborhoods of “concentrated poverty” has doubled since 2000, especially in smaller cities. There are huge racial disparities in these neighborhoods, too. One in 4 African Americans and 1 in 6 Hispanics live in an area of concentrated poverty, compared with 1 in 14 whites. While explicitly racist policies such as “redlining” have subsided, their legacy remains in how neighborhoods are racially and economically segregated today.

THE LINK BETWEEN LOCATION AND LIVES

Montgomery County, Maryland—less than an hour’s drive from Baltimore—is a unique case that shows it doesn’t have to be this way. It is among the wealthiest counties in the nation, and its school system is among the best. It also serves its low-income families relatively well. Like some other cities, it requires some real estate developers to rent a portion of their homes at affordable, below market rates. More uniquely, the county itself also reserves the right to buy some of these homes to create public housing for the poor. The result? Poor families, earning an average of $22,500 a year, living right alongside the affluent.

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Get Informed with Pollenize Canada

pollenize-canada

Pollenize for iOS and Android can help you navigate the upcoming Canadian election. I’ve checked out the app and it’s a really great way to see where the parties stand on popular issues. I recommend Pollenize if you’re looking for an easy way to understand the election.

Pollenize is free so they can reach as many potential voters as possible. Let’s hope that Pollenize gets into the hands of every Canadian. An informed populace may help Canada avoid another Harper-led recision and ongoing destruction of the environment and Canada’s overall wellbeing.

Nonpartisan and tailored to young voters, Pollenize breaks down each of the main parties’ platforms point-by-point to give users all the information they need to make an informed decision on election day. This modern approach to politics proved especially successful during the 2014 Toronto mayoral election, where our coverage contributed to a record voter turnout of 60 percent, with more than 980,000 Torontonians casting ballots.
“Young people want to make a difference in their country’s political picture, but it’s confusing and difficult to get the information necessary to make an informed decision at the polls,” says Pollenize co-founder Trevor Blades. “Pollenize makes it easy to understand what each party stands for and helps people cast their vote with confidence.”
A recent study by the Broadbent Institute found that one of the main reason Canadians under age 35 don’t vote is because they don’t know enough about politics. Pollenize aims to fill the gap by giving individuals the necessary tools to become educated on all active political agendas without doing the overwhelming research.

Check out Pollenize.

White House Planning to Close Guantanamo Bay’s Infamous Torture Centre

Guantanamo Bay on the beautiful island of Cuba sounds like a great place if you don’t know anything about it.

We do know what happens there and it’s immoral and likely illegal (probably even worthy of investigation by the International Criminal Court which the USA hasn’t ratified). The USA has been operating a prison there which is internationally known for shackling prisoners to floors, hunger strikes, and of course torture. As a result of the inhumane practices at Guantanamo Bay America’s “war on terror” has been mocked because it raises the question about who is causing the terror.

President Obama has tried to close the prison before because of it’s morally repugnant treatment of humans but other American politicians think the prison is needed. After years of trying Obama may achieve one of the promises he was elected on in 2008.

President Barack Obama, who leaves office in less than 18 months, has battled for years with lawmakers over his pledge to close Guantanamo by bringing to trial some detainees and holding others in the U.S. as prisoners of war, while arranging to send the least dangerous ones home or to third countries.

In recent months, the administration has sent several detainees from Guantanamo to countries including Oman and Qatar, and the U.S. is seeking additional options for transfering more prisoners, Earnest said at the White House.

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Using Comics to Explain Complex Economics

Economix Comics

Economix Comix is a series of comics that looks at, you guessed it, economics. Using comics is a great way to translate really complex economic ideas into something which is more relatable and understandable. Late last year the artist (and brain) behind the series of comics released a look at the Trans Pacific Partnership (TPP).

Above is one of the pages from the comic looking at the chaos of a deal the TPP really is. It’s worth a full read if you’re new to learning about the TPP and you can read it all for free here.

Economix Comix stays current too! Here’s a brief look at the Greece situation in the Euro zone.

It’s Time to Rethink Capitalism

Capitalism favours the wealthy and what we have seen this entire millennium is that this is more true than ever. Inequality is on the rise pretty much everywhere, and this is a problem. In this TED Talk, Paul Tudor Jones II, examines the current problematic state of capitalism and how we can rethink it.

Paul Tudor Jones II loves capitalism. It’s a system that has done him very well over the last few decades. Nonetheless, the hedge fund manager and philanthropist is concerned that a laser focus on profits is, as he puts it, “threatening the very underpinnings of society.” In this thoughtful, passionate talk, he outlines his planned counter-offensive, which centers on the concept of “justness.”