BITS & BRIEFS: Labor in the Global Economy // Invention of consumers // Money costs more for poor // Business of travel and immigration // Slavery fueled capitalism

Seemingly different, but actually quite related five interesting reads:

> How technological change, globalization and taxation shrank the share of labor income and empowered capital during the last three decades – by Prof. Kimberly Clausing

Money costs more when you are poor; Inequality relates to the social organization of financial and monetary systems – by Prof. Nigel Dodd

A short history of humans’ becoming “consumers”, and consumption turning vital for economists – by Prof. Frank Trentmenn 

The business of immigration from Europe to the US in the 19th century and origins of travel industry – by Drew Keeling

> On Eric Williams’s classic argument for how the institution of slavery fueled capitalist development in the global North – by Adom Getachew


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