There are so many interesting threads in this Bin Appelbaum piece about the various pressures on the Fed right now, I’m not sure where to start! Re their interest rate liftoff, there’s a lot of angst around what’s likely to be a tiny move—25 basis points. Whussup with that? Economist Alan Blinder, a former Fed… Read more
This new National Labor Relations Board decision looks important and potentially very positive for low-wage workers facing a huge bargaining-power deficit with their employers. The Board’s decision held that workers hired by a contractor–Leadpoint in this case–were jointly employed by both the contractor and the contracting company, Browning-Ferris Industries (BFI). From the NLRB: …the Board… Read more
Over at PostEverything. I really enjoyed, and was even moved, by these conversations. See what you think.
We’ve still a ways to go on the wage front, with lots of catching up to do: over at PostEverything.
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