Archive for the 'entrepreneurship' Category

Recent trends in the entrepreneurship field are discussed within the Center for an Urban Culture article. The article mentions how New York City is currently in the middle of a “golden age” of entrepreneurship. Many individuals are deciding to open new businesses and employ themselves despite the incredible hardship one must endure in order to […]

Blog Post 14

April 21, 2015 | 1 Comment

I think the New York Times article has a lot of speculations, but not enough evidence. Many changes and innovations are predicted, like a simpler computer-human interface. However, only the benefits, and not the limitations, are explored. The article suggest that these innovations can cause the return of less-skilled labor like repair and such with […]

As Joseph Stieglitz mentions in his book “The Price of Inequality,” income inequality is a growing concern. It is “responsible for all manner of political instability, as well as for the slowing of economic growth worldwide.” The causes of income inequality have been controversial, but what we need to focus upon more importantly are the […]

The NYT article titled “How Technology Could Help Fight Income Inequality” discusses the possibility of the market itself, without political involvement, reversing itself to become more equal, by using technology as its catalyst. I immediately took to this argument because allowing the free market to make decisions, in my opinion, is the best course of […]

Income inequality is undeniable. Various measures, including the Gini coefficient as well as the tax study by Piketty and Saez, all indicate the rapid rise in income inequality levels within the United States over the course of the past century. We all know something must be done to correct this inequality as the United States […]

When technology is discussed in relation to economics and income, it is usually frowned upon due to the many ways it increases the income inequality gap within the United States. Critics focus on the argument that only small groups of people benefit financially from innovations and technological advancements, whereas supporters argue that the wealth and […]

The three articles brought up opposing views, but interesting correlation between geographical locations, fracking, and income inequality. In the short run, it creates certain benefits that won’t be sustainable in the long run. Rather than taking advantage of certain situations for profits, there needs to be long-term solutions to energy sources. The two perspectives that […]

Class 17: Workers In Harm’s Way – The “Evil” Side of Large Companies. While we focus on the issue of income inequality, the low income that worker receives is not nearly the only issue that they are having today. It is important that we should assist the low income workers raise their earnings to a […]

I found all of the four reading interesting for this class. I read the Daily News article first, which I had to grit my teeth through, but there were certain interesting points raised. It was hard to read because there were so many grammar and spelling errors that I had to double check that this […]

The articles given revolved around Thomas Piketty and his economics book “Capital in the Twenty-First Century.” It does seem to invoke the same feeling as hearing Karl Marx’s “The Communist Manifesto” – one may suspect Piketty as denouncing capitalism. Inequality is something that unintentionally gets derived from capitalism. With free trade, and little government intervention […]