Sunday, September 27, 2015

Sunday Morning Links

This and that for your Sunday reading.

- Jennifer Wells writes about the drastic difference in pay between CEOs and everybody else. And Henry Farrell interviews Lauren Rivera about the advantage privileged children have in being able to rely on parents' social networks and funding rather than needing to learn or work for themselves:
One of your most counter-intuitive arguments is that students from working class and lower-middle class backgrounds are less likely to get elite jobs, because they concentrate on studying rather than their social life at college. That’s the opposite of what the conventional wisdom would suggest. How does these students’ devotion to academic seriousness hurt their job prospects?

LR – Working and lower-middle-class children are less likely to participate in structured extracurricular activities than their more privileged peers while growing up (and when they do, they tend to participate in fewer of them). This hurts their job prospects in two ways. First, it affects the types of schools students attend. Elite universities weigh extracurricular activities heavily in admissions decisions. Given that these employers—which offer some of the highest-paying entry-level jobs in the country—recruit almost exclusively at top schools, many students who focus purely on their studies will be out of the game long before they ever apply to firms. Second, employers also use extracurricular activities, especially those that are driven by “passion” rather than academic or professional interest and require large investments of time and money over many years, to screen résumés. But participation in these activities while in college or graduate school is not a luxury that all can afford, especially if someone needs to work long hours to pay the bills or take care of family members. Essentially, extracurriculars end up being a double filter on social class that disadvantages job applicants from more modest means both in entering the recruiting pipeline and succeeding within it.
- In a similar vein, the Economist examines the high costs of living in poverty. And Justin Kong points out how an improved minimum wage would go a long way toward providing needed income security.

- Daryl Copeland discusses how the Cons have trashed Canada's reputation on the international stage, turning us from a productive partner into a pariah. And Derek Stoffel reports on how the tarnished perception of Canada as a country is extending far beyond the diplomatic sphere.

- Thomas Walkom writes that Ontario voters may learn a lesson from the political scene as Kathleen Wynne, one of the main faces of the federal Libs, collapses under the weight of scandals and broken promises.

- Finally, Alice Musabende raises the concern that Canada's political parties are being too quick to pull candidates over minor controversies.

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