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Thomas Kochan

Thomas Kochan

Thomas Kochan is currently Professor of Management, MIT Sloan School of Management and teaches and studies Work and Employment Relations at the MIT Sloan School of Management. For the past 40 years I have applied my research by working intensively with leaders in business, labor, and government to update labor and employment policies and practices to catch up with changes in the workforce and the economy. I just published Shaping the Future of Work (Business Educators Press, 2016) that focuses on what workers, employers, government, and educators can do to meet the needs and aspirations of the "Next Generation" workforce.

I also teach a MIT "MOOC" on line course that addresses these issues. Information about the course can be found at: https://www.edx.org/course/american-dream-next-generation-mitx-15-662x#.VNuR5bDF9IU

Here's how workers would spend the corporate tax cut – if they had a voice

Jan 30, 2018 12:09 pm UTC| Insights & Views Economy

Over 200 CEOs have said they will raise wages or give bonuses as a result of the large corporate income tax cut passed late last year by Congress. Some view their plans as simply a public relations move, others as a...

US Election Series

Election rage shows why America needs a new social contract to ensure the economy works for all

Nov 17, 2016 23:29 pm UTC| Insights & Views Politics

The recent U.S. election exposed two major intersecting fault lines in America that, if left unchecked, could soon produce an era of social and economic upheaval unlike any in our history. First, it revealed deep...

It's time we reinvented labor for the 21st century

Sep 03, 2016 10:01 am UTC| Insights & Views Politics

On Labor Day, politicians have traditionally paid lip service to the plight of the worker, whom the national holiday is meant to honor. With working-class struggles taking center stage in this years election, we will...

How to transform workers' campaign rage into better jobs and wages

Mar 25, 2016 02:12 am UTC| Insights & Views Law

The presidential campaigns deserve some credit for finally voicing some of the deep frustrations and anger felt by American workers who have lived for decades in an economy that works for those at the top but not for them...

How do we ensure the next generation of workers isn't worse off than the last?

Jan 14, 2016 04:09 am UTC| Insights & Views Politics

Discussions about the future of work are clearly in the air. This week, Secretary of Labor Tom Perez is convening a three-day symposium on the issue. Simultaneously, the Brookings Institution hosted a discussion about...

Attack on unions shows why we need a new social contract governing work

Jan 14, 2016 04:06 am UTC| Politics

The U.S. Supreme Court heard a case this week that may deal a significant blow to labor unions and shows why its vital, to my mind, to come up with a new social contract governing work. The case involves ten California...

Outlook for 2016: middle-class woes, hopeful on wages, the fear factor

Jan 04, 2016 13:35 pm UTC| Insights & Views Economy

Editors note: We asked a few of our regular writers to weigh in on what will (or should) be the key economic themes and issues of 2016 or offer their predictions. Topping the list are the worsening plight of the middle...

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Economy

The NBA’s Phoenix Suns were recently valued at more than US$2 billion by Sportico and US$1.8 billion by Forbes.

Amazon founder Jeff Bezos, ex-Disney CEO Bob Iger, Oracle co-founder Larry Ellison, and Steve Jobss widow Laurene Powell Jobs have been named as parties interested in acquiring the Phoenix franchises after majority owner...

The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and practice tops from the start of the 2022/23 season

The NHLs Boston Bruins have secured their first multi-year jersey patch partnership deal with cybersecurity firm Rapid7. The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and...

With its acquisition of Stone Brewing, which operates on both the US Pacific and Atlantic coasts, Sapporo has secured US production bases that can help reduce logistics costs.

Sapporo Breweries Ltd. gained a couple of bases to expand in the US following its $168 million acquisition of California-based craft beer producer Stone Brewing Co. Sapporos subsidiary, Sapporo U.S.A. Inc., bought Stone...

The companies believe more people will spend more in virtual department stores and amusement parks as they spend more time online.

South Koreas retail giants, Shinsegae and Lotte have ignited their competition in the virtual world, which is emerging as new a future growth engine. The companies believe more people will spend more in virtual...

Technological collaboration between South Korea and the US has improved thanks to investments made by major US corporations.

South Korea received a combined $1.15 billion investment pledge to build plants, RD centers, and other facilities from seven US semiconductor and secondary battery industry firms. In the midst of the pandemic and...

Politics

The Senate ratified the Kigali Amendment to the 1987 Montreal Protocol by 69-27.

The United States Senate this week ratified an amendment to the Montreal Protocol that would phase out the use of greenhouse gases contributing to global warming. The chamber ratified the Kigali Amendment that would end...

Truss reportedly informed Israeli foreign minister Yair Lapid about her review of relocating the British embassy to the contested city.

British Prime Minister Liz Truss is reportedly considering moving the British embassy in Tel Aviv to Jerusalem. Truss apparently told Israeli foreign minister Yair Lapid on the sidelines of the UN General Assembly in New...

Iranian President Ebrahim Raisi said the "acts of chaos" in the demonstrations are unacceptable.

The death of 22-year-old Mahsa Amini in the custody of Irans Morality Police has sparked widespread unrest in the country, which has escalated into violence. Iranian President Ebrahim Raisi warned against the violence as...

UN human rights envoy for Myanmar Tom Andrews warned countries not to take any measures that would legitimize the junta's planned elections.

Myanmar has been in a state of unrest since February last year, when the generals seized power in a coup and ousted the countrys elected government. With the junta planning elections that would take place next year, a...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

CD Projekt Red celebrates ‘Cyberpunk 2077’ for having 1 million daily visitors in the last week

CD Projekt Red revealed that at least one million players have opened Cyberpunk 2077 in the past week. Online charts show that the daily numbers of concurrent players are also climbing up, especially after the release of...

Microsoft’s 2022 Surface event is happening on October 12

Fall is typically the season when the biggest tech companies unveil new flagship products every year. And Microsoft just confirmed that it would once again host a Surface event next month, where it is expected to unveil...

Twitch rejects calls for a 70/30 revenue split and announces it will standardize 50/50 share from subscriptions

Twitch announced upcoming changes to its policy on revenue share from subscriptions. The update, which will be implemented next year, will primarily affect streamers who are under a premium agreement with the...

Pixel 7 leak suggests Google is not planning to increase prices this year

Googles Pixel launch event is happening in a few weeks, but details about the Pixel 7 series pricing may have already leaked. And the company may not be planning to implement price increases for its new flagship phones...
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