Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Category Archives: Economy

NYT – The $300 Billion War Beneath the Street

$300 billion war beneath the street: Fighting to replace U.S. water pipes: “Bursting pipes. Leaks. Public health scares. America is facing a crisis over its crumbling water infrastructure, and fixing it will be a monumental and expensive task. Two powerful industries, plastic and iron, are locked in a lobbying war over the estimated $300 billion… Continue Reading

Report – Digitalization and the American workforce

“New analysis by the Brookings Metropolitan Policy Program of more than 500 occupations reveals the rapid pace of their “digitalization” since 2001, suggesting the acquisition of digital skills is now a prerequisite for economic success for American workers, industries, and metropolitan areas.The report, “Digitalization and the American workforce,” provides a detailed analysis of changes in… Continue Reading

The Paradise Papers in four data visuals

Data Driven Journalism: “Revealing 13.4 million documents and implicating more than 120 politicians and world leaders, the Paradise Papers have exposed the hidden happenings of the offshore industry, its users and operators. The International Consortium of Investigative Journalists (ICIJ) began releasing reports on 6 November 2017, drawing on nearly 7 million loan agreements, financial statements, emails, trust… Continue Reading

OECD Health at a Glance 2017

“Health at a Glance 2017 says that all OECD countries have seen life expectancy at birth increase by over 10 years since 1970 to reach an average of 80.6 years. Life expectancy at birth is highest in Japan (83.9 years), and Spain and Switzerland (83 years each), and lowest in Latvia (74.6) and Mexico (75). New… Continue Reading

NYT – The Unsung Role That Ordinary Citizens Played in the Great Crime Decline

NYT The Upshot, Emily Badger: “Local nonprofit groups that cleaned streets, built playgrounds and mentored children had a real effect on the crime rate, a sociologist finds. Most theories for the great crime decline that swept across nearly every major American city over the last 25 years have focused on the would-be criminals. Their lives… Continue Reading

House Tax Plan sneaks under $1.5 Trillion debt limit – Senate releases two page bill summary

Follow up to previous posting – DavisPolk Posts Updated Tax Bill Navigator Tool – and HR 1 – Tax Cuts and Jobs Act 2017 – via Axios: “The latest version of the House tax bill, passed by the Ways and Means Committee this afternoon, meets Senate deficit requirements, according to a Joint Committee on Taxation… Continue Reading

Equifax says it owns all its data about you – really!

Senate Commerce Committee Hearing – Protecting Consumers in the Era of Major Data Breaches – November 8, 2017: “…“Massive data breaches have touched the vast majority of American consumers,” said [Senator John] Thune [R- S.D.]. “When such breaches occur, urgent action is necessary to protect sensitive personal information. This hearing will give the public the… Continue Reading

Brief Preliminary Distributional Analysis of the “Tax Cuts and Jobs Act”

“The Tax Policy Center has produced preliminary distributional estimates of the Tax Cuts and Jobs Act as introduced on November 3, 2017. We find the legislation would reduce taxes on average for all income groups in 2018 and 2027. The largest cuts, in dollars and as a percentage of after-tax income, would accrue to higher-income… Continue Reading

Views of Job Situation Improve Sharply, but Many Still Say They’re Falling Behind Financially

Pew – Share saying there are ‘plenty of jobs available’ at 16-year high: “The public’s views of local job availability continue to improve. Currently, 50% of Americans say there are plenty of jobs available in their communities – the highest number saying that jobs are plentiful in Pew Research Center surveys dating to 2001. Since June… Continue Reading

Why Some Companies Restrict Data Access to Reduce Competition and How Open APIs Can Help

Center for Data Innovation: Blocked: Why Some Companies Restrict Data Access to Reduce Competition and How Open APIs Can Help, By Daniel Castro and Michael Steinberg | November 6, 2017.  Over the past few years, some scholars, advocates, and policymakers have argued that businesses which possess large quantities of data, such as social media companies,… Continue Reading

Offshore Trove Exposes Trump-Russia links and Piggy Banks of the Wealthiest 1 Percent

International Consortium of Investigative Journalists (ICIJ) – A new leak of confidential records reveals the financial hideaways of iconic brands and power brokers across the political spectrum. “A trove of 13.4 million records exposes ties between Russia and U.S. President Donald Trump’s billionaire commerce secretary, the secret dealings of the chief fundraiser for Canadian Prime… Continue Reading

Guardian – Russia funded Facebook and Twitter investments through Kushner associate

theguardian investigative report: “Two Russian state institutions with close ties to Vladimir Putin funded substantial investments in Twitter and Facebook through a business associate of Jared Kushner, leaked documents reveal. The investments were made through a Russian technology magnate, Yuri Milner, who also holds a stake in a company co-owned by Kushner, Donald Trump’s son-in-law… Continue Reading