Outrage Over Wall Street Pay, but Shrugs for Silicon Valley?
From the New York Times Blog “DealBook” by Steven Davidoff: Big paydays on Wall Street often come under laserlike scrutiny, while Silicon Valley gets a pass on its own compensation…
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Minimum Wage Increase Would Have Mixed Effects, CBO Report Says
From the New York Times by Annie Lowrey: A popular Democratic proposal to raise the minimum wage to $10.10 an hour, championed by President Obama, could reduce total employment by…
Tax subsidies and incentives to work
From the NYT “Economix” Blog” by Uwe Reinhardt: Last week a brouhaha erupted over a passage in Appendix C of a Congressional Budget Office report, Budget and Economic Outlook 2014-24.…
SOTU 2014 focuses on jobs, fairness
President Obama’s State of the Union Address last week highlighted a number of themes that focused on creating more opportunities for working Americans by streamlining the tax code, providing financial…
Why I Didn’t Give Year-End Bonuses
From the New York Times blog, “You’re the Boss” by Jay Goltz: A couple of weeks ago, my production manager asked me a question that I have not looked forward…
Occupy SEC played significant role in curbing risky banking and trading
From the “Economix” Blog of the New York Times by Simon Johnson: There is a tendency in recent American political discourse to use the term “populism” as a form of…
Federal consumer protection agency announces reform agenda for 2014
From the New York Times by Tara Siegel Bernard: The Consumer Financial Protection Bureau, which has already overcome considerable political resistance, has managed to pack some punches in the last…
Republicans oppose minimum wage, but claim they want to curb poverty?
From the January 10, 2014 New York Times Editorial: A similar dynamic is developing around the drive for a higher minimum wage. In the December jobs report, the average hourly…
Corporate leaders getting free legal pass on cleaning up financial crisis
From today’s New York Times Editorial Observer by Teresa Tritch: In recent years, it has become increasingly clear that no prominent banker would be prosecuted for fraud in the run-up…
Does increasing the minimum wage stifle job creation? Room for Debate
From the New York Times “Room for Debate”: For the past year, fast-food and retail workers have made it clear that lousy pay should not be the cost for cheap…