Over at NYT Economix blog: analyzing the non-relationship between profitability and jobs. Highlighting objective evidence from researchers at Goldman Sachs on the impact of raising the minimum wage. Describing my testimony on fiscal policy in what has to be one of the stranger places on earth right now: the US House of Representatives. Explaining how… Read more

Over at the NYT Economix blog: describing how fiscal policy from Congress and monetary policy from the Fed have been working at cross purposes and showing federal spending trends that buck conventional wisdom. Explaining why the Fed should largely tune out the building chorus of preemptive inflation hawks. Comparing the Fed’s latest Open Market Committee statement… Read more

Over at the NYT Economix blog: explaining why it’s time to adjust overtime pay for millions of workers and describing how aid to the poor is also an investment with returns that are often ignored. Noting that there was more to the stimulus than the stimulus. Illustrating the unequal recovery using real GDP, corporate profits, the stock market, and median household… Read more

Over at the NYT Economix blog: looking at how the EITC expansion proposed in President Obama’s 2015 budget would raise both take-home pay and tax fairness, explaining why wage gains for middle-wage workers is good sign, not a threat to inflation, and pointing out how antipoverty policies targeting consumption also target investment. On President Obama’s… Read more

Over at the NYT Economix blog: explaining why bad policy, not robots, is to blame for persistent unemployment, looking at CBO’s analysis of the impact of increasing the federal minimum wage, and highlighting lessons from the Recovery Act. Delving deeper into both technology, jobs, and wages and the CBO minimum wage analysis. Highlighting some smart, progressive budgeting from… Read more