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Gene Sperling reconnects economics to moral and civic purpose and offers a framework for a much-needed debate about how to help those left behind by the winner-take-all economy of recent times. From Economic Dignity by Gene Sperling. Your source for news and music. And I think you see two being put out there. We should make it interest free, give people a chance to get back on their feet. “You have to have dignified treatment.”, On mortgage forbearance, a policy he favored while working for the Obama administration, “To lose your house, to have to move your family out to risk homelessness — this is among the greatest assaults of dignity. It is no exaggeration to say that true economic dignity has, through law and discrimination, been denied to a majority of our population for a majority of our history through systemic discrimination, violence against Native Americans, and the shame of slavery—the most extreme antithesis imaginable of respect for human dignity. “I think the dissonance that we are rightly feeling is that you do not achieve dignity just with the applause, just with the respect,” Sperling says. Copyright © Gene Sperling, 2020. Economic dignity: Economic dignity deals with the dimensions of a person’s dignity that are linked to their economic context. But we have to do the same for people who are renting.”, On paycheck guarantees and other aid initiatives, “That's why I think you have to look for what are the bold solutions that solve a lot of these separate issues. Those are the big proposals because they solve several problems at once. “Economic Dignity points us beyond our fixation on GDP to the ends economic policy should serve—promoting the dignity of work and the well-being of families and communities. When WABE’s host of All Things Considered, Jim Burress spoke to Sperling recently, Burress asked him what does that looks like? Jeremy Hobson Twitter Former Co-Host, Here & NowBefore coming to WBUR to co-host Here & Now, Jeremy Hobson hosted the Marketplace Morning Report, a daily business news program with an audience of more than six million. He is author of Pro-Growth Progressive: An Economic Strategy for Shared Prosperity (2005) and numerous publications including most recently, “Economic Dignity” in Democracy Journal (2019). Economic dignity, defined by these three pillars, represents a more full, complete, and stable definition that can stand strong no matter what variation or circumstance is considered. In it, he argues that economic dignity should be our national north star -- and that it should include a commitment to a stronger social compact for economic security and pursuing purpose and meaning, while ensuring that workers should have more rights and power to be free from the "forces of domination and humiliation." economic dignity by Gene Sperling ‧ RELEASE DATE: May 5, 2020 Noted number cruncher Sperling delivers an economist’s rejoinder to life, liberty, and the pursuit of happiness. Today we are in a moment of major reexamination of how well our existing model for modern capitalism is serving the majority of working people. Economist Gene Sperling recently released a book called “Economic Dignity.” In it, he argues people should feel dignified in their jobs, whether they work as a physician or in sanitation. September 4, 2020, 3:56 PM EDT Updated on September 4, 2020, 5:03 PM EDT 3:32. Gene Sperling reconnects economics to moral and civic purpose and offers a framework for a much-needed debate about how to help those left behind by the winner-take-all economy of recent times. Economic dignity, Sperling maintains, can be seen as resting on three pillars. Each of these usages is compelling. Economy : NPR. This is NPR’s resource for journalists who believe in the value of diversity and share in … I have chosen in this book to neither ignore our shameful history on racism and sexism nor dismiss the degree to which values of economic dignity informed our nation’s highest—though unrealized—economic ideals. Simply put, being able to not just put food on the table but to be at the table as well, and in your children’s bedroom for story time and at the bedside for the most heartwarming and heartbreaking moments of caring for older loved ones. The best of Morning Edition, All Things Considered and other award-winning NPR programs. I aim for this book to be thought-provoking for those who live and breathe economic policy—but I have written with a much broader audience in mind that does not require an economics background. His argument combines moral and intellectual seriousness with actual high-level policy experience. Economic Dignity is Mr. Sperling's third book. That is the purpose of this book. His argument combines moral and intellectual seriousness with actual high-level policy experience. My expertise is in the realm of national economic policy, and the audience I want to reach is the concerned citizens, advocates, journalists, students, and policymakers who debate over kitchen tables, social media, and the floors of Congress. I considered a more academic approach, aware of the deep philosophical literature on dignity and the field of welfare economics that seeks to delve into how to measure well-being. It is precisely at moments when we want to make giant strides that we should make sure we have clarity on our ultimate destination. On the other hand, as with American values like freedom, the brutal hypocrisy of our history regarding dignity is devastating. Sperling was Director of the National Economic Council under both presidents Bill Clinton and Barack Obama. Calling for economic dignity to be our ultimate end goal for economic policy carries with it the obligation to give a more complete and enduring definition of dignity than is currently used in our economic and political dialogue. Sperling is the founder and first Executive Director (2002-2008) of the Center for Universal Education at Brookings Institution, a center that focuses on education for girls and boys in developing nations. As Pauli Murray, the remarkable civil rights pioneer who refused to give up her seat on a public bus in Petersburg, Virginia, fifteen years prior to Rosa Parks,1 wrote in 1945: “As an American I inherit the magnificent tradition of an endless march toward freedom and toward the dignity of all mankind.”. Barr Says No Election Fraud Has Been Found By Federal Authorities. Economic dignity protections for those fearing loss of health-care coverage due to pre-existing conditions and measures that address crushing student loan debt will both encourage more, not less, risk-taking and entrepreneurship. And I think a big test for our country will be, will we now reconstruct our programs to make sure that regardless of who your employer is ... that there is a basic level of health care, unemployment insurance, paid sick leave that's available to every American? In it, he argues people should feel dignified in their jobs, whether they work as a physician or in sanitation. Stocks soared to record highs after drugmaker Pfizer announced its experimental coronavirus vaccine was more than 90% effective, providing a major dose of hope for the global economy. The Ripple Effect Of One Rural Colorado Doctor Catching The Coronavirus. Public radio from Delmarva. Economic health is measured with the GDP and unemployment figures, but economist Gene Sperling (@genebsperling) thinks the U.S. should instead focus on economic dignity to gauge the country's economy. But those numbers don’t give us the most important measure, says economist Gene Sperling, former economic adviser to presidents Bill Clinton and Barack Obama. There is still the question of who one wants to write a book for. Can it create paths out of poverty and reverse accelerating economic inequality, repair the hollowing out of the middle class, and cope with dramatic technological change? But I can't help but believe that this moment is not going to move the country in somewhat of the right direction, that we should be learning the lessons for our long-term economic impact and not just about the temporary measures to get us through this moment.”. I know more than anybody that you are constrained by political reality and divided government. The 33 million unemployment claims paint a picture of a U.S. economy devastated by the coronavirus pandemic. It is of significance in morality, ethics, law and politics as an extension of the Enlightenment-era concepts of inherent, inalienable rights.The term may also be used to describe personal conduct, as in "behaving with dignity". But many are still underpaid and working in unsafe conditions without personal protective equipment. A young economist holds a mirror up to her field. This is not a quest for an unreachable utopian ideal. I mean, it's just saying that while we're going through this difficult time, you know, I believe you could tack it on. Gene Sperling reconnects economics to moral and civic purpose and offers a framework for a much-needed debate about how to help those left behind by the winner-take-all economy of recent times. He says we ought to focus on what he calls economic dignity, which is also the title of his new book. Economic dignity should be the North Star to guide that journey. They make sure you're made whole and that therefore you can make the rent, the car payment, the things that would allow you to sustain a basic level of economic dignity in an unprecedented economic crisis, pandemic like we are living through right now.”, “I think it was a good first step that we included gig workers in the unemployment insurance. Dignity has often been used in modern political debate to signify the deeper and more intrinsic human value at stake in the fight for civil rights, secure retirements, decent pay, and workers’ rights. Economist Gene Sperling recently released a book called "Economic Dignity." Rich Miller. Business & Economy: news, interviews and reviews from NPR Books As I continued to explore the question of what our ultimate end goal for economic policy should be, I became more convinced that ensuring a universal level of economic dignity was more than a core value: it should be the central, organizing goal of economic policy. Economic Dignity is Sperling''s effort to do just that - to frame our thinking about the way forward in a time of wrenching economic change. 2020 Nobel Prize For Economics Goes To Stanford's Paul Milgrom And Robert Wilson Stanford's Paul Milgrom and Robert Wilson are honored for their "inventions of … The value of economic dignity reveals both the most admirable ideals and the brutal hypocrisy in our history. In my last year as President Obama’s top White House economic adviser, I chose to start each speech by reciting oft-mentioned economic statistics—from debt as a percentage of GDP to productivity indicators—but then reminding each audience that none of those metrics are end goals. 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It connects to four different ways that the term dignity is commonly used—as intrinsic to people, as a marker of status, as linked to serving a purpose in the community, and as a reflection of person’s manner or Yet in isolation, they do not come close to creating a complete definition of what it would mean for a person to experience economic dignity—and for a nation to create a set of policies that would guarantee a basic level of economic dignity for all its people. Sperling says the coronavirus pandemic has shown just how important certain jobs are⁠—jobs that once were considered entry-level or basic. Subscribe to NPR Economy podcasts and RSS feeds. “He not only said that all labor has dignity, but he said that the sanitation worker was as essential as the physician,” Sperling says. Economist Gene Sperling On Improving 'Economic Dignity' For Workers. This page is aimed at changing international conversation by introducing the economic dignity as a concept to be aimed for, instead of economic freedom. The protection and promotion of dignity in our economic lives is a powerful explainer of many moments in our history when the need for collective action through government policy triumphed over the call for rugged individualism and idealized free markets. When Gene Sperling was in charge of coordinating the shaping and execution of the U.S. government’s economic policy in the Obama White House, he found DIGNITY has consultative status under the UN Economic and Social Council, ECOSOC, and is a member of the WHO Alliance for the Prevention of Violence (VPA). From one of our wisest and most influential economic thinkers, the only person to serve as Director of the National Economic Council under two Presidents, a profound big-picture vision of why the promotion of dignity should be the singular end goal by which we chart America's economic future When Gene Sperling was in charge of coordinating the shaping and execution of the U No signup or install needed. And look, I've been in two White Houses. I mean, that is a must if you're going to have a universal guarantee of economic dignity.”, On whether long-term economic policy could change after the pandemic, “Well, this really is a test for us as a country now. And as federal lawmakers debate how to keep the economy from flat-lining, he says it’s time to pull out all stops. Among the names: Cecilia Rouse is nominated as chair of the Council of Economic Advisers. Economic Dignity. . Powell Tells NPR Economy Has Long Road Ahead After Jobs Gain By . In a 2005 book, I wrote about why “economic dignity” should be seen as one of three defining progressive values underlying our policy agenda. He recently released a book called "Economic Dignity. Gene Sperling reconnects economics to moral and civic purpose and offers a framework for a much-needed debate about how to help those left behind by the winner-take-all economy of recent times. Economic Dignity is Sperling’s effort to do just that - to frame our thinking about the way forward in a time of wrenching economic change. Whether I got it exactly right then or whether I get it exactly right now in this book, I could feel in every audience the hunger for an economics defined by our most basic human values: one rooted in the clear understanding that there can be no end goal for economic policy other than what aims to lift up our happiness, fulfillment, and inner sense of dignity. Insightful reporting that explores all aspects of the nation's vibrant economy. Commentary on economic trends. I would state that each and every one of them had worth only to the degree that it helped us fulfill a deeper American value like whether we were a nation where the accident of birth did not determine the outcome of your life; whether each of us had a chance to rise; whether each of us could work, raise our families, and retire with dignity. I have come to the firm view that a complete and enduring definition of economic dignity must rest on three integral and irreplaceable pillars.

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