Breaking News: Seattle adopts $15 minimum wage, setting standard
From today’s NYT’s by Kirk Johnson: SEATTLE — The City Council here went where no big-city lawmakers have gone before on Monday, raising the local minimum wage to $15 an…
Editorial: “Why You Hate Work”
From NYT “SundayReview” by TONY SCHWARTZ and CHRISTINE PORAT: THE way we’re working isn’t working. Even if you’re lucky enough to have a job, you’re probably not very excited to…
Republicans’ War on Workers’ Rights
From the New York Times blog “The Great Divide” by Corey Robin: Midterm elections are like fancy software: Experts love them, end-users couldn’t care less. But if the 2010 elections…
No Accounting Skills? No Moral Reckoning
From NYT’s “The Great Divide” Blog by Jacob Soll: “A population well-versed in double-entry accounting will not immediately solve our complex financial problems, but it would allow average citizens to…
NPR Reports: Does Raising the Minimum Wage Kills Jobs?
NPR’s David Kestenbaum investigates the question, Does raising the minimum wage kill jobs? Here is an overview: President Obama has called for increasing the minimum wage, saying it will help…
American economy
Democratic Party
domestic politics
economic policy
Homeland
labor market
Republican Party
worker rights
The Clear Benefits of a Higher Wage
From the New York Times Editorial Board: Republicans sputtered with outrage when the Congressional Budget Office said that immigration reform would lower the deficit, strengthen Social Security and speed up…
Brookings study finds income inequality in America’s largest cities
From the Brookings Institute “Metropolitan Opportunity Series” Papers: In December 2013, President Obama gave a speech on economic mobility, in which he called income inequality and lack of upward mobility…
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…
American economy
Democratic Party
domestic politics
economic policy
economics
Homeland
labor market
Republican Party
worker rights
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.…