Tag: minimum wage

Minimum Wage, Nativism, and the Illiberal Roots of Progressivism

Dec 11, 2015

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by

mwkruse

in Economics, History, Politics, Public Policy, Race, Wealth and Income

Virginia Postrel has an interesting article at Bloomberg, "Progressive and Racist. Woodrow Wilson Wasn't Alone," a book review of Thomas Lenoard's Illiberal Reformers: Race, Eugenics and American Economics in the Progressive Era. Here are a few key quotes: The progressives believed, first and foremost, in the importance of science and scientific experts in guiding the…
Markets vs Government Mandate: What We Learned From Walmart on the Minimum Wage

Feb 20, 2015

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by

mwkruse

in Business, Capitalism and Markets, Public Policy

The Week: Walmart's wage hike proves we don't need the government to raise the minimum wage There are lessons here for both left and right. First, this should show progressives that the government doesn't actually have to mandate a minimum wage hike for wages to go up. There are other, market-based ways to get wages…
Economics Links

Apr 30, 2014

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by

mwkruse

in Capitalism and Markets, Economics, Gender and Sex, Links – Economics, Politics, Poverty, Public Policy, Sociology, Technology (Manufacturing & Construction)), Trends: Economic, Wealth and Income, Weatlh and Income Distribution

1. Huffington Post: Financially Speaking — Are We an Illiterate Nation? … Champlain College's Center for Financial Literacy released its '2013 National Report Card,' which quantifies what states are doing to promote financial literacy in the classroom. Only seven of 50 states surveyed came away from the study with an "A" rating. That's right, a…
Economics Links

Mar 5, 2014

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by

mwkruse

in Business, Capitalism and Markets, Economics, Environment, Europe, Gender and Sex, Globalization, Health and Medicine, Links – Economics, Poverty, Public Policy, Sociology, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

1. Quartz: Globalization really means countries just trade with their neighbors 2. Business Insider: Europe's Share Of Global Profits Is At A 28-Year Low 3. USA Today: Europe widespread corruption 'breathtaking' … Meanwhile, the report, which was the first published by the EU to detail people's perceptions of corruption in the union, also said that…
Employment is the Issue, Not the Minimum Wage

Feb 28, 2014

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by

mwkruse

in Economics, Poverty, Public Policy, Wealth and Income

There is a lot of talk about raising the minimum wage to $10.10. I sense many advocates believe this will lift countless millions out of poverty. Is that true, and is the minimum wage a central factor in reducing poverty? I'm not advocating for or against the minimum wage. The Congressional Budget Office did a…
Economics Links

Jan 13, 2014

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by

mwkruse

in Demography, Economics, Gender and Sex, Health and Medicine, Links – Economics, Politics, Poverty, Public Policy, Sociology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. The Atlantic: If You Really Care About Ending Poverty, Stop Talking About Inequality Don’t mind the rich-poor gap. Statistical analysis shows three factors—overall income growth, marriages, and local government spending—matter most for poorer children chasing the American Dream. … … But for all the new attention devoted to the 1 percent, a new dataset…
Economics Links

Dec 6, 2013

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by

mwkruse

in Capitalism and Markets, Demography, Economics, Gender and Sex, Health and Medicine, Human Progress, Links – Economics, Poverty, Public Policy, Sociology, Technology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Poor and Middle Class Incomes Have Increased Significantly "… Using this more sophisticated cost-of-living adjustment, which is preferred by the Congressional Budget Office and Federal Reserve Board, the increase in median household income was not 5 percent but 16 percent from 1979 to 2012. In 2007, like 1979 a peak in the business cycle,…
Saturday Links

Aug 31, 2013

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by

mwkruse

in Demography, Economics, Environment, Generations, Health and Medicine, Links – Saturday, Politics, Poverty, Public Policy, Science, Sociology, Technology (Energy), Technology (Food & Water), Wealth and Income

1. A College Kid, A Single Mom, And The Problem With The Poverty Line Rico Saccoccio is a junior at Fordham University in the Bronx. He's from a middle-class family in Connecticut and he spent the summer living at home with his parents, who cover about $15,000 a year in his college costs. … …There's…
Saturday Links

Aug 24, 2013

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by

mwkruse

in Africa, Culture, Economic Development, Economics, Environment, Health and Medicine, Links – Saturday, Politics, Poverty, Public Policy, Race, Sociology, Technology (Energy), Technology (Manufacturing & Construction)), Wealth and Income

1. Does Wealth Breed Narcissism: The New' Mirror, Mirror on the Wall' Study … I wanted to test the relationship between wealth, entitlement and narcissism, guided by our earlier work suggesting that people who are wealthier, or who feel richer, tend to be a little more self-focused and self-interested than others. We found that wealthier…
Saturday Links

Jun 22, 2013

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by

mwkruse

in Business, Capitalism and Markets, Demography, Economics, Environment, Gender and Sex, Generations, Health and Medicine, History, Links – Saturday, Public Policy, Religion, Science, Sociology, Technology, Technology (Digital, Telecom, & Internet), Technology (Energy), Technology (Manufacturing & Construction)), Theology, Trends: Economic, Trends: Social

1. Climate change: A cooling consensus … Mr Cohn does his best to affirm that the urgent necessity of acting to retard warming has not abated, as does Brad Plumer of the Washington Post, as does this newspaper. But there's no way around the fact that this reprieve for the planet is bad news for proponents of policies,…