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In this episode of Beer and Money, Ryan Burklo discusses the importance of tax planning for retirement. He emphasizes the need to understand the net after-tax income and how different retirement accounts, such as traditional and Roth accounts, affect future tax liabilities. The conversation includes a visual representation of a fictitious client's financial situation, highlighting the distribution of taxable and non-taxable assets. Ryan encourages listeners to consider their own financial pie charts and the implications of their current saving strategies on future tax outcomes. Check out our website: beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Tax planning is crucial for maximizing after-tax income in retirement. Understanding the difference between traditional and Roth accounts is essential. Future tax rates are uncertain, making personalized planning important. Visualizing your financial situation can help in making informed decisions. Having a balance of taxable and non-taxable assets can provide flexibility in retirement. It's important to consider the tax implications of your savings strategies now. Not all financial advice is one-size-fits-all; individual circumstances matter. The majority of assets in traditional retirement accounts can lead to higher taxes later. Planning with the end in mind can lead to better financial outcomes. Utilizing a financial scorecard can help assess your current situation. Chapters 00:00 Understanding Tax Planning for the Future 10:06 Visualizing Your Financial Future: The Importance of Tax Status
In this episode, host Kent Hance welcomes Senator Phil Gramm, a former senator and economist, to discuss his book, "The Myth of American Inequality." The conversation highlights their shared experiences in Congress and focuses on Gramm's critique of government statistics on income inequality and poverty. Gramm argues that the narrative of the rich getting richer while the poor get poorer is misleading, presenting data to support his claims. He emphasizes the importance of accurate data in shaping public policy and advocates for work requirements in government assistance programs to promote self-sufficiency. Timestamps by PodSqueezeIntroduction of Senator Gramm (00:00:04) The speaker introduces Senator Phil Gramm, highlighting their friendship and shared congressional experiences. Senator Gramm's Background (00:01:21) Gramm discusses his origins in Fort Benning, Georgia, and his academic background in economics. Overview of "The Myth of American Inequality" (00:02:03) Gramm introduces his new book, challenging the narrative of growing income inequality in America. Government Statistics on Poverty (00:02:27) Gramm critiques government statistics, showing discrepancies in poverty rates despite increased welfare spending. Transfer Payments and Income Reporting (00:04:25) Discussion on how the Census Bureau underreports transfer payments, skewing income inequality statistics. Real Income Inequality Statistics (00:06:05) Gramm presents revised statistics showing income inequality is not as severe as reported. Poverty Rate Misconceptions (00:07:49) He argues that the actual poverty rate is significantly lower than commonly believed. Economic Mobility in America (00:08:47) Gramm emphasizes that most children from poor families improve their economic status as adults. Living Standards Comparison (00:09:26) He compares modern lower-income Americans' living standards to those of historical kings. Wealth and Opportunity Perspective (00:10:28) Discussion on how wealth accumulation by individuals does not detract from others' wealth. Envy and Economic Perspectives (00:10:49) The speakers discuss the societal issues of envy and how it affects perceptions of wealth. The Role of Government Assistance (00:13:30) Gramm argues that government assistance programs often fail to reach those truly in need. Welfare Reform Insights (00:15:52) He proposes extending work requirements to all means-tested programs to encourage employment. Job Market Discrepancies (00:16:28) Discussion on the mismatch between job openings and unemployment rates in the current economy. Personal Responsibility and Opportunity (00:17:21) Gramm shares personal anecdotes emphasizing the importance of hard work and opportunity. Need for Accurate Data (00:18:03) He stresses the importance of accurate data in informing public debate on economic policies. Government Transfers and Income Distribution (00:19:40) Gramm discusses the significant amount of money transferred to needy individuals in America. Book Collaboration and Insights (00:20:03) Gramm mentions his co-authors and their contributions to the book's findings. Critique of Income Tax Reporting (00:23:24) He critiques how tax data is reported, emphasizing the importance of context in income discussions. Discussion on Taxation and Billionaires (00:25:12) Senator Gramm critiques the misconception that taxing billionaires can significantly fund government needs. Middle-Income Tax Burden (00:26:14) Speaker 1 highlights how middle-income earners, not billionaires, bear most of the tax burden. Clinton's Tax Increase (00:26:50) Discussion on the tax increase under Clinton, affecting middle-income Americans, not just the wealthy. Job Creation vs. Government Benefits (00:27:45) Speaker 1 shares experiences of losing workers to unemployment benefits that paid more than construction jobs. The Myth of American Inequality (00:30:11) Speaker 1 emphasizes the book's argument against the narrative of growing inequality in America. Capitalism vs. Socialism (00:30:32) Comparison of North and South Korea illustrates the benefits of capitalism over socialism. Reagan Budget Cuts Discussion (00:32:09) Plans to discuss Reagan's budget and tax cuts in a future episode. Funny Anecdote about Locked Keys (00:32:41) A humorous story about Speaker 1 locking his keys in the car at the White House.
Tripp Limehouse and Steve Sedahl discuss the importance of seasonal planning in retirement. They explore how different life stages can be likened to the seasons of the year, emphasizing the need for early savings, nurturing growth, and preparing for decumulation. The discussion highlights strategies for maximizing contributions, harvesting gains, and the significance of having a tax-efficient retirement plan. Tripp shares insights on how to create a customized retirement plan tailored to individual needs, encouraging listeners to take proactive steps towards their financial future. To connect with Tripp call 800-940-6979. Visit Limehouse Financial to learn more.See omnystudio.com/listener for privacy information.
In this episode, Ryan Burklo and Alex Collins discuss the importance of planning with cashflow in mind. They highlight the common focus on accumulating assets and net worth, rather than considering the income generated by those assets. They emphasize the need to think with the end in mind and prioritize cashflow, taxes, and asset distribution. The conversation explores the different tax categories (fully taxable, partially taxable, and non-taxable) and the importance of having flexibility in asset allocation. The hosts encourage listeners to consider their future financial goals and reach out for personalized analysis and guidance. Takeaways Many people focus on accumulating assets and net worth, but fail to consider the income generated by those assets. Thinking with the end in mind involves prioritizing cashflow, taxes, and asset distribution. Understanding the different tax categories (fully taxable, partially taxable, and non-taxable) is crucial for effective financial planning. Having flexibility in asset allocation allows for better tax management and financial security. It is important to consider future financial goals and seek personalized analysis and guidance. Chapters 00:00 Introduction: Planning with Cashflow in Mind 03:37 The Importance of Thinking with the End in Mind 08:53 Understanding Tax Categories for Effective Financial Planning 12:53 The Role of Asset Allocation in Tax Management 15:05 Considering Future Financial Goals 16:01 Conclusion: Seeking Personalized Analysis and Guidance
In this episode of Safer Retirement Radio, Brian Decker and Arrin Wray of Decker Retirement Planning explore the critical differences between retirement planning during the accumulation phase versus the distribution phase. They explore strategies to navigate market volatility, maximize tax-advantaged accounts, and create an income distribution plan to ensure a secure and fulfilling retirement. From managing sequence of return risk to optimizing Roth conversions, this episode is packed with actionable insights to help listeners take control of their financial future. Whether you're nearing retirement or just starting to save, this episode is a must-listen for anyone seeking a safer, more prosperous retirement.
Political corruption and bias are contentious issues that have long been a part of the global political landscape. Glenn Wiggle, Mike Lomas, and Mike Sperrazza, each with their unique perspectives, shed light on these issues. Wiggle, deeply cynical of the political system, believes that corruption and bias are deeply ingrained within it, with party loyalty often overshadowing race and ethics. He also underscores the role of money in politics, suggesting that individuals can amass wealth while in office without facing consequences. Lomas, on the other hand, criticizes the media for its double standards and lack of accountability, suggesting a systemic problem with corruption and bias in politics. He also touches on racial and ethnic discrimination, implying that certain groups are unfairly targeted. Sperrazza echoes similar sentiments, highlighting the double standards in the justice system and the lack of accountability among politicians. His perspective suggests a deep skepticism towards the integrity and fairness of the political system. (00:04:28) Government-Funded Book Deals and Stock Trading (00:08:23) Handling of Classified Documents by Politicians (00:15:11) Inefficient Allocation of Taxpayer Funds in Government (00:18:40) Legal Double Standards Based on Political Affiliation (00:29:29) Unintended Consequences of COVID Policies on Society (00:31:31) Impact of COVID Mismanagement on Children's Well-being (00:38:10) Government Spending Impact on COVID Inflation (00:41:47) Abortion to Address Population Concerns (00:44:58) Protecting Society: Immigration Policies Against Sex Trafficking (00:54:05) Economic Systems' Impact on Income Distribution
In this 2-minute episode Brian discusses strategies for income distribution.
These insight sub-episodes are mirrored on our primary YouTube channel which can be found at https://www.youtube.com/@NilesHeckman/videos
These insight sub-episodes are mirrored on our primary YouTube channel which can be found at https://www.youtube.com/@NilesHeckman/videos
Co-host Janet Bush talks with Stephen King. King is a senior economic advisor to HSBC, having served as the bank's group chief economist from 1998 to 2015. His latest book, very prescient in timing, is We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years. In this podcast, he covers topics including the following: The root causes of the current resurgence of inflation How long higher inflation may persist What history tells us about the management of inflation The main economic problem that lies ahead Why inflation matters See www.mckinsey.com/privacy-policy for privacy information
Episode: 2744 Measuring Inequality of Income — the harbinger of hard times. Today, inequality of income.
Africa is joined by Jacolize Meiring, Senior Researcher Head: Personal Finance Research Unit at Bureau of Market Research (BMR) to talk about their research on personal income estimates for South Africa between 2011 - 2022.The Bureau of Market Research (BMR) found that personal income distribution in the country largely remains skewed and continues to worsen inequality.See omnystudio.com/listener for privacy information.
“Money, it's a gas. Grab that cash with both hands and make a stash.” – Pink Floyd, Money Not so fast. Yes, many people receive income from their investments into their accounts, which they can reinvest, spend, or use to “make a stash.” However, my hunch is that very few investors understand how the income distribution process works and its impact on the investments themselves. While it's not typically an issue, sometimes this lack of understanding can cause unnecessary concern. For example, in December 2021, our clients – or at least the ones who follow their accounts closely – awoke one morning to discover that one of their mutual funds had dropped -17% overnight. If your initial reaction was, “Yikes! What happened to that fund?” you're not alone, and that situation naturally led to some incoming client questions. But what if I told you that there was absolutely no issue with the investment and that the “loss” was simply a matter of optics related to an income distribution? That real-life situation is partially what prompted this current Alt Blend series. And with our income-generation basics in mind from Part 1, it's what we're going to continue learning more about today. Here we go… Links mentioned in this episode: https://altblend.com https://thebahnsengroup.com
Jayati Ghosh on Access to vaccines and the limiting role of intellectual property rights and pharma monopolies. The lecture is part of the LSE ID Cutting Edge Issues in Development Thinking & Practice series.
This week we've brought you a double feature! First we talk to Luke Petach about his article on "Spatial Keynesianism." Macroeconomic policy was, at its inception, methodologically nationalist, and Keynesian policies fostered income convergence all across the US as poor regions caught up to wealthier ones. We talk about how that worked and why it ended.Then we bring on his co-author and former adviser, Daniele Tavani to talk about the post-Keynesian tradition, its differences with the Marxian economic tradition, and how they might be brought together again under the rubric of secular stagnation. Along the way we discuss Italy's unique place in the post-Keynesian tradition, and Piketty's contribution to the profession.The first ep ends and the second picks up @55:25.*** LINKS ***Follow Luke on twitter @LPetachRead "Spatial Keynesian policy and the decline of regional income convergence in the USA" here: https://academic.oup.com/cje/article-abstract/45/3/487/6145995Read "Income shares, secular stagnation and the long-run distribution of wealth" here: https://onlinelibrary.wiley.com/doi/abs/10.1111/meca.12277Read "Aggregate Demand Externalities, Income Distribution, and Wealth Inequality" here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3855763Find more of Luke's papers here: https://scholar.google.com/citations?user=NUZzlFEAAAAJ&hl=enExplore Daniele's work here: http://www.danieletavani.com/Other papers mentioned: Ganesh Sitaraman, Morgan Ricks & Christopher Serkin, "Regulation and the Geography of Inequality" https://dlj.law.duke.edu/article/regulation-and-the-geography-of-inequality-sitaraman-vol70-iss8/Manduca, "How National Income Inequality in the United States Contributes to Economic Disparities Between Regions" https://equitablegrowth.org/how-national-income-inequality-in-the-united-states-contributes-to-economic-disparities-between-regions/Nathan, "The Nationalization of Proposition 13," https://www.jstor.org/stable/418699Kaldor, "The Case for Regional Policies," https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1467-9485.1970.tb00712.xVerdoorn's law, https://en.wikipedia.org/wiki/Verdoorn%27s_lawNakamura and Steinsson, "Fiscal Stimulus in a Monetary Union: Evidence from US Regions" https://www.aeaweb.org/articles?id=10.1257%2Faer.104.3.753
The news reporter finally told us when the distribution of the guaranteed income program money should be distributed --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/j-w54/message Support this podcast: https://anchor.fm/j-w54/support
This week Kevin Brucher breaks down five key areas that make up a solid retirement and income plan. They include Income Distribution, Tax Mitigation, Rebalancing, Health Care Planning and Estate Planning. Then he goes into a lot of detail about his Pure Growth Fund. We wind up talking about his new book The Millionaires Guide to Tax Free Money for Long Term Care. To learn more call 800-975-6717. Visit SilverLeafFinanical.com.
We must give high priority to employment and pursue a proactive employment policy, striving to achieve fuller employment and create better quality jobs. If you want to see the full script of this episode, please visit:http://chinaplus.cri.cn/podcast/detail/2/108545
A million-and-a-half Filipinos could fall into poverty because of the pandemic, according to a discussion paper titled "Poverty, the Middle Class, and Income Distribution amid COVID-19," co-authored by Dr. Jose Ramon Albert, a senior research fellow at the Philippine Institute for Development Studies. In this study, a million-and-a-half Filipinos creating a new kind of poor is neither the best- nor worst-case scenario. It's midway, where income declines by 10%. Mr. Albert explains the simulations and scenarios he and his co-authors ran to arrive at their numbers. He tells BusinessWorld reporter Beatrice Laforga that the government's emergency subsidy programs minimized the pandemic's impact on poverty. Without financial aid, he said, 5.5 million Filipinos could have been pushed into poverty. Recorded remotely on September 1. Produced by Nina M. Diaz, Paolo L. Lopez, and Sam L. Marcelo.
How do you actually build, manage and monitor an income distribution plan for your client? The founders of , Sheryl O'Connor, Phillip Lubinsky, and Tom O'Connor talk about the problem faced by advisors when they take on this task. They also walk us through the solution they have created to put advisors and agents at the top of the game. Read more about . Connect with Ramsey Smith: Connect with That Annuity Show: Twitter: Facebook: Website: Connect with Nassau Financial Group: LinkedIn: Website: *This podcast is intended for general informational purposes only and is not a solicitation of any insurance product. The discussion is not meant to provide any legal, tax, or investment advice with respect to the purchase of an insurance product. A comprehensive evaluation of a consumer's needs and financial situation should always occur in order to help determine if an insurance product may be appropriate for each unique situation.
Is it possible to accomplish 80% of the results with only 20% of the effort. When you think about how you spend your time, or how your business spends it time, does it seem that around 80% of your results can be tied with 20% of your efforts? What would happen if you spent 100% of your time focused on the 20% that produces the most? How do some people seems to succeed at such astronomically higher levels than everyone else? Vilfredo Pareto believed he figured it out in 1897 and I'll do my best to share those ideas with you now
This new blog's income report study has a proven path to make 4 figures a month. It is split up into 3 parts:1. The Income Distribution of 7 Niches 2. The Blueprint to Make $1000+ Per Month 3. The Key Findings & The One Thing All Successful Bloggers do The 7 niches included in the study are: Food Health and Fitness Lifestyle Mommy Marketing Personal Finance Travel Find the show notes here Follow us on Facebook, Twitter, Pinterest and Instagram Don't forget to leave us a review on Apple Podcasts here Keep changing for the better!
- Trust beneficiary designations for IRAs; the conduit and accumulation trust. Protecting your wealth at death from the spendthrift.- Mind mapping and mindnodes- Stock sectors and how they are doing.- Stupid question from Quora - skipped.- Family history, Sir Truesdell.- Advantages of income streams when retired
In this episode, Tahlia explains how income distribution can be understood using the Lorenz Curve. Without getting overly mathematical, she tells us how to calculate the Gini Coefficient to find out exactly how equal or unequal, your country may be.Read on Medium: https://medium.com/@tahlia.murdoch/income-distribution-basics-1a92976d46b0Follow Tahlia: https://twitter.com/tahliamurdochFollow Everything Economics: https://twitter.com/everyeconomicsFollow the Cave Goblin Network: http://twitter.com/cavegoblinsFind more podcasts and friends of the network at https://cavegoblins.com
Over the last three and a half decades, China’s rise has largely been underpinned by two great transitions: from socialism to capitalism, and from agriculture to industry. The workplace and the institutions that govern it have served as the critical link that enabled these transitions to take place. As these processes continue, the interests of the central government and Chinese workers have converged upon improved working conditions and formalization of employment. Workers have naturally sought greater security in their new urban homes, and China’s leaders have seen the long-term strategic utility of better labor laws as the country moves away from reliance on low cost, low-tech manufacturing. Even so, there remains a wide gap between what is promised by the central authorities, and what is delivered on the factory floor. How the Chinese government confronts this complex policy landscape is the central question of political science professor and China expert Mary Gallagher’s new book: Authoritarian Legality in China: Law, Workers, and the State. In her book, Dr. Gallagher elucidates the aims and trajectory of Chinese labor law, as well as what the implications are for China’s workers. She joined the National Committee on December 12, 2017, for a discussion of her book and new developments in China’s labor laws and workplace relations. The conversation was moderated by Qin Gao, professor of social policy at the Columbia School of Social Work Mary Gallagher is a professor of political science at the University of Michigan where she is also the director of the Kenneth G. Lieberthal and Richard H. Rogel Center for Chinese Studies. She is the author and editor of several books, including Contagious Capitalism: Globalization and the Politics of Labor in China (Princeton 2005); Chinese Justice: Civil Dispute Resolution in Contemporary China (Cambridge 2011); From Iron Rice Bowl to Informalization: Markets, Workers, and the State in a Changing China (Cornell 2011); and Contemporary Chinese Politics: New Sources, Methods, and Field Strategies (Cambridge 2010). Qin Gao, PhD, is professor of social policy and social work at Columbia University School of Social Work and founding director of China Center for Social Policy. She is a faculty affiliate of the Columbia Population Research Center and Weatherhead East Asian Institute. She is also an academic board member of the China Institute for Income Distribution at Beijing Normal University, and a Public Intellectual Fellow of the National Committee on United States-China Relations. The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
Over the last three and a half decades, China’s rise has largely been underpinned by two great transitions: from socialism to capitalism, and from agriculture to industry. The workplace and the institutions that govern it have served as the critical link that enabled these transitions to take place. As these processes continue, the interests of the central government and Chinese workers have converged upon improved working conditions and formalization of employment. Workers have naturally sought greater security in their new urban homes, and China’s leaders have seen the long-term strategic utility of better labor laws as the country moves away from reliance on low cost, low-tech manufacturing. Even so, there remains a wide gap between what is promised by the central authorities, and what is delivered on the factory floor. How the Chinese government confronts this complex policy landscape is the central question of political science professor and China expert Mary Gallagher’s new book: Authoritarian Legality in China: Law, Workers, and the State. In her book, Dr. Gallagher elucidates the aims and trajectory of Chinese labor law, as well as what the implications are for China’s workers. She joined the National Committee on December 12, 2017, for a discussion of her book and new developments in China’s labor laws and workplace relations. The conversation was moderated by Qin Gao, professor of social policy at the Columbia School of Social Work Mary Gallagher is a professor of political science at the University of Michigan where she is also the director of the Kenneth G. Lieberthal and Richard H. Rogel Center for Chinese Studies. She is the author and editor of several books, including Contagious Capitalism: Globalization and the Politics of Labor in China (Princeton 2005); Chinese Justice: Civil Dispute Resolution in Contemporary China (Cambridge 2011); From Iron Rice Bowl to Informalization: Markets, Workers, and the State in a Changing China (Cornell 2011); and Contemporary Chinese Politics: New Sources, Methods, and Field Strategies (Cambridge 2010). Qin Gao, PhD, is professor of social policy and social work at Columbia University School of Social Work and founding director of China Center for Social Policy. She is a faculty affiliate of the Columbia Population Research Center and Weatherhead East Asian Institute. She is also an academic board member of the China Institute for Income Distribution at Beijing Normal University, and a Public Intellectual Fellow of the National Committee on United States-China Relations. The National Committee on U.S.-China Relations is the leading nonprofit nonpartisan organization that encourages understanding of China and the United States among citizens of both countries.
Even as the China’s economic reforms in the 1980s and 90s laid the foundation for it to become an economic powerhouse, increasingly wide gaps opened up between rich and poor, leaving behind those ill equipped to compete in a market economy. The massive changes taking place were also reflected in the uneven distribution of social welfare benefits, which tended to accrue to those best positioned to succeed under the new system. In 1993, Shanghai implemented a minimum livelihood guarantee or dibao, an anti-poverty safety net. Since then, the program has expanded throughout China and is centrally regulated. Today, it serves as the country’s primary social insurance program. Even though it is the largest welfare program in the world, there has been little English-language research evaluating the effectiveness of the dibao system. In her new book, Welfare, Work, and Poverty: Social Assistance in China, Columbia University professor and expert on low-income families in China Qin Gao attempts to rectify this deficiency by answering key questions about the program’s efficacy. Dr. Gao examines how successful the dibao system has been at alleviating poverty, as well as patterns of behavior and the sense of well-being among dibao recipients. Her work not only deepens our understanding of entitlements in China, but also adds the Chinese case as a comparative example to the growing body of literature looking at welfare systems around the world. On May 10, 2017, Dr. Gao joined the National Committee in New York City for a discussion of her book, the development and expansion of the dibao system, as well as its policy implications for China and other countries. The conversation was moderated by Professor Mark Frazier, director of the India China Institute at The New School. Qin Gao is professor of social policy and social work at the Columbia University School of Social Work and director of the newly established China Center for Social Policy at the school. She is a faculty affiliate of the Columbia Population Research Center and Weatherhead East Asian Institute. She is also an academic board member of the China Institute for Income Distribution at Beijing Normal University, and is a Public Intellectuals Program fellow of the National Committee on United States-China Relations. Dr. Gao’s research examines poverty, income inequality, and social welfare policies in China and their cross-national comparisons. Dr. Gao also studies gender inequality and social protection for rural-to-urban migrants in China. She has published widely in leading interdisciplinary journals such as The China Quarterly, Journal of Contemporary China, Journal of Policy Analysis and Management, Journal of Social Policy, Review of Income and Wealth, Social Service Review, and World Development. Mark W. Frazier is professor of politics at the New School for Social Research, and academic director of the India China Institute at The New School. His recent research compares China and India in terms of how each has coped with development challenges related to inequality and urbanization, historically and in the present. He is the author of Socialist Insecurity: Pensions and the Politics of Uneven Development in China (Cornell University Press 2010) and The Making of the Chinese Industrial Workplace (Cambridge University Press 2002). He has authored op-ed pieces and essays for The New York Times, Daedalus, The Diplomat, and World Politics Review. Dr. Frazier is also a fellow of the National Committee's Public Intellectuals Program.
Even as the China’s economic reforms in the 1980s and 90s laid the foundation for it to become an economic powerhouse, increasingly wide gaps opened up between rich and poor, leaving behind those ill equipped to compete in a market economy. The massive changes taking place were also reflected in the uneven distribution of social welfare benefits, which tended to accrue to those best positioned to succeed under the new system. In 1993, Shanghai implemented a minimum livelihood guarantee or dibao, an anti-poverty safety net. Since then, the program has expanded throughout China and is centrally regulated. Today, it serves as the country’s primary social insurance program. Even though it is the largest welfare program in the world, there has been little English-language research evaluating the effectiveness of the dibao system. In her new book, Welfare, Work, and Poverty: Social Assistance in China, Columbia University professor and expert on low-income families in China Qin Gao attempts to rectify this deficiency by answering key questions about the program’s efficacy. Dr. Gao examines how successful the dibao system has been at alleviating poverty, as well as patterns of behavior and the sense of well-being among dibao recipients. Her work not only deepens our understanding of entitlements in China, but also adds the Chinese case as a comparative example to the growing body of literature looking at welfare systems around the world. On May 10, 2017, Dr. Gao joined the National Committee in New York City for a discussion of her book, the development and expansion of the dibao system, as well as its policy implications for China and other countries. The conversation is moderated by Professor Mark Frazier, director of the India China Institute at The New School. Qin Gao is professor of social policy and social work at the Columbia University School of Social Work and director of the newly established China Center for Social Policy at the school. She is a faculty affiliate of the Columbia Population Research Center and Weatherhead East Asian Institute. She is also an academic board member of the China Institute for Income Distribution at Beijing Normal University, and is a Public Intellectuals Program fellow of the National Committee on United States-China Relations. Mark W. Frazier is professor of politics at the New School for Social Research, and academic director of the India China Institute at The New School.
Aired: 6/18/2016 10 AM:: Hosts share simple steps for building wealth in retirement then dive into the optimal retirement withdrawal strategy so you can keep your finances steady, regardless of market uncertainty. Later in the hour, find out if a reverse mortgage is right for you.
It is becoming increasingly difficult to ignore the growing income distribution inequality as an acute and chronic disease widespread not only in middle-income and developing countries but also in industrialized ones. The main purpose of this study is to develop an understanding of why unequal income distribution is possible.
Music is becoming a utility - available everywhere you want it, as much as you want. But is the distribution of streaming revenues aligned with the value of an individual subscriber? Per-user vs. pro-rata income distribution from streaming services was the key theme at this year’s MIDEM presentation by Toolshed’s Dick Huey, who already was a WeSpin Recipes guest in 2014. In this podcast episode, Dick discussed the new distribution model in the context of providing a living wage to indie artists, and covered other topics from his MIDEM session. After an overview of what the music industry has been going through in the past decade, he also looked into market growth through hi-definition audio sales, explained how music is priced, and evaluated new business ideas that show revenue promise for the future. Some of the topics covered in the episode: • The state of the music industry today. • The two must-read books Dick refers to in his research. • The gap between early adopters and the mass market. • Why the “long tail” doesn’t really work in music. • Understanding the reasons artists have a hard time making a living. • Why music is priced the way it’s priced. • Per-user streaming income distribution model. Go to http://wespin.co/wsr42/ for the show notes and http://getacard.wespin.co/ to learn how to get a free WeSpin postcard by supporting the podcast.
Agronomy 342 World Food Issues: Past and Present - Section 2
Recorded Mon, 17 Mar 2014 14:57:28 -0500
Professor Li Shi (Director of the China Institute for the Study of Income Distribution at Beijing Normal University) lectures on the subject of policies against poverty in China.
Professor Li Shi (Director of the China Institute for the Study of Income Distribution at Beijing Normal University) lectures on the subject of policies against poverty in China.
In this paper we use several well-being measures that combine average income with a measure of inequality to undertake international and intertemporal well-being comparisons in transition countries. Our well-being measures drastically change the impression of levels and changes in well-being from a traditional reliance on income measures. They also significantly affect the ranking of countries, when compared to rankings based on real incomes. Due to low inequality and moderate income levels, socialist countries enjoyed relatively high levels of economic well-being. In the transition process, rising inequality and falling incomes have led to a dramatic decline in well-being in many transition countries, and a corresponding worsening in rank when compared to other countries. There is great variance in the income and inequality performance of transition countries. We find a close correlation between income losses and inequality increases suggesting the ability of appropriate policies to reduce the income losses and reduce rising inequality. While the political dimension of transformation remains largely successful, our indicators suggest that most transition countries have yet to reach the level of economic well-being enjoyed in the late 1980s.