Nepotism In Canada: Chart Shows How Top 1% Use Hiring To Keep Wealth In Family

We’ve all heard stories of nepotism in the workplace — people rising through the ranks thanks to a helping hand from an influential relative.

Now a research paper from University of Ottawa economist Miles Corak shows how nepotism helps the wealthiest people in society retain their riches.

Is the Fourth Estate Really Facing a Crisis?

The News of the World scandal simply reveals the dangers of nepotism in large, publicly held corporations.

The British media have been complicit in attempts to spin a broader moral or theme from the hacking debacle, and this has, worryingly, been focused on the state of journalism. The implicit – and often explicit – message is that the fourth estate is faced with a crisis: Its reputation is under assault, its freedom is being questioned, and its methods and practitioners are being tacitly impugned. But this narrative, which is increasing in currency and traction to the point of becoming axiomatic, misrepresents the nature of this scandal entirely – particularly with regard to the light it sheds on the British media.