I freely admit to being a bit of a skeptic about the “science” of economics and to being intrigued by heterodox economic theories. As such, I found this article an interesting read.
Series: Money in the Media
Articles I read or news pieces I hear that I wanted to share….
Things that make me go hmmmm….
I’m new to this topic/debate (UBI and/or guaranteed jobs) and, to be frank, like the podcasters I’m (at least a little) ambivalent. But I found this conversation on Medium’s Civic Skunk Works to be interesting and informative and therefore thought it worth sharing.
This LinkedIn tidbit caught my eye (being an “older” citizen myself), but then I couldn’t help notice the seemingly obligatory “let’s trash the young’uns” comments.
I am so sick of seeing millennials trashed. Has there ever been an older generation that didn’t denigrate the younger generation for being stupid, lazy, and self-absorbed? This crap has been going on since at least Aristotle’s days. When I was a young’un (the very last year of the Baby Boomers) the older generation didn’t have a single good thing to say about us as we hit the workforce. And now it seems my contemporaries, in turn, feel compelled to crap all over the latest generation hitting the workforce.
If, indeed, age discrimination (toward older workers) is easing — well, I think that’s awesome. My cynical self knows that if organizations are collectively experiencing an attitude shift toward older employees it has everything to do with their bottom line and not to some collective revelation as to the stupidity and despicableness of ageism.
What I don’t get is how older people don’t understand that ageism works both ways. Bias against anyone based on age is bias. If you’re in your 50’s, how can you not look back and remember what it was like to be in your 20’s? If you’re in your 20’s, let me assure you, as impossible as it seems, you will someday be “old” like us (if you’re lucky, that is).
My final word is this: just because I’m in my 50’s and have some grey in my hair, don’t expect me to participate in your toxic ageist dumping on millennials. I’m not playing.
News and details of this breach are just beginning to come out but it’s going to be a doozy. The things to understand here are 1) “customers” are anyone and everyone who has a credit card, ever had a loan of any type, etc and thus has a credit rating — you’re likely a “customer” even if you’ve never had any direct interaction with Equifax or have ever even heard of them; and 2) the quantity and quality of the details the hackers know about the victims of this breach are deep and personal — our social security numbers, previous addresses, entire credit history — all the information you are often asked to provide in order to prove you are you.
An interesting study about “soft information” and loan outcomes by gender of both lender and borrower.