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Pay transparency is key to closing gender pay gap
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February 8, 2021 SHARE
It has been more than half a century since the landmark Equal Pay Act passed, yet the gender pay gap still exists. On average, women make 18% less than their male counterparts. Lack of transparency in pay contributes to the disparity, according to a Washington University in St. Louis sociologist.
Over the last decade, more than a dozen states plus the District of Columbia have enacted legislation banning pay secrecy policies workplace rules that prohibit workers from discussing wages and salaries. The laws aim to eliminate a means by which employers can discriminate intentionally or not against women in the pay setting.
Evo Morales, Bolivia’s first Indigenous president, won reelection three times on a leftist platform championing Indigenous rights, anti-imperialism, and Bolivian control over the country’s natural gas reserves. In
Bolivia in the Age of Gas, Bret Gustafson explores how the struggle over natural gas has reshaped Bolivia, along with the rise, and ultimate fall, of the country’s first Indigenous-led government. Rethinking current events against the backdrop of a longer history of oil and gas politics and military intervention, Gustafson shows how natural gas wealth brought a measure of economic independence and redistribution, yet also reproduced political and economic relationships that contradicted popular and Indigenous aspirations for radical change. Though grounded in the unique complexities of Bolivia, the volume argues that fossil-fuel political economies worldwide are central to the reproduction of militarism and racial capitalism and suggests that progressive change dema
NASA introduces new class of flight directors
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NASA’s Johnson Space Center Mission Control White Flight Control Room on Monday, Feb. 10, 2020, in Houston.Marie D. De Jesús, Houston Chronicle / Staff photographer
NASA has selected four new flight directors to oversee operations of the International Space Station, the agency announced.
These individuals join an elite group of 101 people who have worked in Houston s Mission Control Center leading flight controllers, engineers and other professionals at NASA and its international partners.
“Our flight directors are at the forefront of everything that humans do in space,” NASA Flight Operations Director Steve Koerner said in a Monday news release. “We place a huge responsibility upon them individually to take any necessary action to ensure the safety of our astronauts, the safety of the spacecraft, and to accomplish the mission. These four join a storied group of individuals. We’re excited to have them
How Robinhood trading app drove the GameStop ‘supernova’
Last year, when Berkeley Haas finance professor Terrance Odean was researching why users of the popular trading app Robinhood tended to “herd” into a small number of stocks, he never imagined a situation like what unfolded last week with GameStop.
“It was like a supernova of herding events,” he said.
Shares in the moribund video-game retailer soared more than 400% over three days when a mob of investors many congregating on the Reddit chat room WallStreetBets coordinated to buy the stock en masse. It fell 44% the next day as Robinhood and other brokerage firms temporarily curbed new purchases of GameStop. Although trading has been restored, the stock has been mostly down but remains volatile. Tens of billions of dollars of market value have been created and erased.