Must-Reads Found Up to 7:20 AM EST on November 19, 2015
- Prime-age female employment in the U.S. and Canada https://equitablegrowth.org/?p=16112
- Models of the Minimum Wage: “We can introduce some ideas… that comport a bit more with reality…. At the end of the day… when the theory doesn’t match the evidence, trust the evidence…” :: The rationale for a minimum wage is the theory that the low-wage labor market suffers market failures analogous to those of natural monopolies… :
- Inequality: A Fact, an Interpretation, and a Policy Recommendation: “A common storyline…[:] inequality has not increased… there is little that can be done… effort… fighting inequality diverts attention from more pressing problems…” :: That Miles Corak… [says] ‘a common storyline’ is a measure of… right-of-center echo chamber…” :
- Where Have All the Workers Gone?: “Among male heads of household… between… 25-54 [nt working], 27 percent say it is because they are ill or disabled…. [But] we excluded from the sample anyone on disability…” :: I really want to see what happens to these numbers in a high-pressure low-slack economy… :
- GSPP Policy Research Seminar: Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data: “The rise of wealth inequality is almost entirely due to the rise of the top 0.1% wealth share…” :: It’s all at the peak… :
- Are the Robots Taking Enough Jobs?: “The next wave of labour-saving technology looks to be replacing human brains, rather than human brawn, and the impact could be far more wide-reaching…” :: Human smiles and human truly creative thought look to remain economically valuable. So learn how to smile! :
- High Slack or Low Slack? :
- Esther Duflo on Alphachatterbox: :
- Maryland’s Global Budget Interim Success :
- Do Millennials Stand a Chance? Giving the Next Generation a Fair Shot at a Prosperous Future (November 18, 2015):
- “What Are the Economic Possibilities for Our Grandchildren? :
- Critics–Like Carly Fiorina–Who Claim Medicaid Coverage Stinks Should Talk with Parents Who’ve Actually Relied on the Program :