Wednesday, May 30, 2018

Wednesday Morning Links

Miscellaneous material for your mid-week reading.

- Lambert Strether points out that standard estimates of income inequality (jarring though they are to begin with) tend to ignore the capital gains which accrue disproportionately to those who already have the most.

- Scott Alexander makes the case for a basic income as opposed to a jobs guarantee - including the observation that the requirements of work (including housing location and transportation) can themselves be contributors to poverty and stress.

- Josh Eidelson points out how the U.S. has allowed "prevailing wage" data which is intended to ensure reasonable pay on federal projects to fall decades out of date. And Noam Scheiber reports that Donald Trump is attacking both the job security of federal employees and their ability to defend themselves collectively - while William Brown and Chris Wright write that exactly the opposite steps represent the best hope of protecting the UK's labour standards in the face of Brexit. 

- Harry Quilter-Pinner argues that there's no excuse for failing to limit avoidable air pollution which causes serious public health risks. 

- Finally, Andrew Nikiforuk examines the true costs of the Libs' Trans Mountain subsidies and giveaways - with a price tag likely to approach $20 billion. Bill McKibben criticizes Justin Trudeau's decision to become an oil executive rather than governing in the interest of Canadians, while Thomas Walkom notes that buying up a pipeline doesn't solve any of the underlying factors pointing against pipeline expansion while rewarding Kinder Morgan for its petulance. And Vicky Mochama offers some suggestions as to Trudeau's anticipated pitch to try to sell off the pipeline in the years to come.

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