Thursday, May 18, 2023

The Immigration Debate in the US and UK

The Immigration Debate in UK


The US Debate
As Crisis Grows, All of New York’s Migrant Plans Are Met with Outrage
https://www.nytimes.com/2023/05/18/nyregion/migrant-housing-shelters-nyc.html
What Everyone—Except the U.S.—Has Learned About Immigration
To Compete with China on Tech, America Needs to Fix Its Immigration System

Chinese Rethink Value of College Education

Chinese Graduates Are Asking Where All the Good Jobs Went
https://foreignpolicy.com/2023/05/17/china-youth-unemployment-economy-kong-yiji/
Record youth unemployment is causing a rethink of education’s value. 

Related:
My take (from Jan 2022): Is the US higher education bubble about to burst?
There appears to be a growing skill-mismatch between the degrees pursued by students and those actually sought by employers.

Stock Market Investing

Want to Beat the Stock Market? Avoid the Cost of ‘Being Human’
https://www.wsj.com/articles/active-vs-passive-index-fund-beat-the-stock-market-58e8bd83
Professional fund managers labor under handicaps that individual investors don’t face. Make sure you manage your portfolio differently than they do. 

Urban Development – Lessons from Calgary

The model city for transforming downtowns? It’s in Canada.
https://www.washingtonpost.com/opinions/2023/05/18/calgary-downtown-revitalization-plan/ 

Related:

African-Americans Benefit from the Tight Labor Market

Job Prospects for Black Workers Have Never Been Better—In Ways That Might Last
https://www.wsj.com/articles/black-unemployment-rate-job-market-ebd93614