Curse you, Teresa Tritch of the NYT’s editorial page! I–not you–am the one who connects progressive economic stories to obscure jazz pieces! JK! Ms. Tritch highlights a great and surprising development: “By a vote of 7 to 0 with one abstention, the city council of Birmingham, Ala. adopted a citywide minimum wage this week of $10.10 by… Read more
Welcome to the first edition of a new OTE feature, dedicated to the parting admonition of the great Jon Stewart: when it comes to BS, “smell something, say something!” To be clear, I’m not trying to emulate the fact checkers out there. Nor am I going to peruse the papers, like Dean does so effectively,… Read more
Every once and a while I feel compelled to collect thoughts about immigration, a difficult and touchy subject, with grains of truth scatter about along with gobs of non-truths. Over at PE.
I just love these graphs! (Can you say that about graphs you made?? We–RK and I–were only able to make them because my formidable co-author Richard Kogan dug up data on deficits as a share of GDP going back the beginning of the nation!) Over at Vox. Basically, these figures are pictures of what I… Read more
Two arguments have collided in recent months. #1: the pace at which robots are placing workers is accelerating; #2: the historically large minimum wages increases being proposed and implemented in various places will have the unintended consequence of hurting the job prospects of those the increase is meant to help. Put these together, and you… Read more