OVERSEAS: Stocks in Europe turned lower. Germany DAX lost 1.3 percent and the CAC 40 of France fell 0.7 percent. The FTSE 100 index in Britain lost 0.3 percent. We would like to talk about music together, and not only by collectively spazzing out and crashing Livemixtapes. We would like to Monday morning quarterback the art and announcement punctuation and where we heard it over the weekend and the context and the song itself. We’d like to compare this week’s offering to the last couple and use all that to debate the emotional state and practical concerns of Kanye and us and try to divine, somehow, where all this is going.
Item Type:ArticleItem Status:Live ArchiveAbstractWe tested the hypothesis that engagement in the arts may act as a catalyst that promotes prosocial cooperation. Using ‘Understanding Society’ data (a nationally representative longitudinal sample of 30,476 people in the UK), we find that beyond major personality traits, demographic variables, wealth, education, and engagement in other social activity (sports), people’s greater engagement with the arts predicts greater prosociality (volunteering and charitable giving) over a period of two years. The predictive effect of prosociality on subsequent arts engagement is significantly weaker.
A good metric to look into is the “total shareholder yield.” This aggregates net dividends, buybacks and debt reduction. I own non dividend paying stocks like Facebook (FB), Google (GOOG) and Amazon (AMZN). These are the long tail ideas that may continue to generate significant alpha over time.
Walmart workers have recently filed more than 20 charges of unfair labor practices across the country with the National Labor Relation Board, according to Dan Schlademan, director of Making Change at Walmart, the campaign behind OUR Walmart. The charges, mostly filed in recent weeks, allege that workers have either been fired or had their hours reduced after activity with OUR Walmart. Workers also allege that they have been told not to talk to OUR Walmart organizers and that doing so could shut down stores, leaving employees without a job, Schlademan told HuffPost..
Second, as humans, we tend to be less sensitive to harms that occur away from us than those occurring in our backyard. It is easier for people to hire a company (by actively shopping there) to make clothes using sweatshop labor than to hire the workers directly, lock them in the basement, and never offer them bathroom breaks. Humans are wired to not harm each other.