Inflation was a big topic in 2021. But how damaging inflation is to workers depends on a race between it and wages.
Category: Stylized Fact #1 — Falling Middle
Elasticity: It’s for More than Just Socks
You’d think food delivery drivers would see huge increases in earnings during the pandemic, as demand increased. But, you’d be wrong. Why? Elasticity.
Is Nomadland that Common?
Nomadland made waves for its depiction of older Americans in unstable economic circumstances. The truth is: it’s not that uncommon.
A New Dimension: Time Inequality
Over the last 40 years, inequality in wages has risen. But, money isn’t everything. Enjoying your time matters too. And, time inequality may be rising.
More Worker Quits? It’s a Good Thing.
The phrase “I Quit” has a negative connotation. But, maybe it shouldn’t. After all, for many workers it’s their best bargaining chip.
Targeting Student Loan Forgiveness
Student loan forgiveness is probably a good idea. But, if not done carefully, it could benefit households already doing pretty well.
The Postal Service has also Delivered Good Jobs
The postal service is a source of good jobs for men without any college education. But, it’s shrinking and under fire.
You’ve Been Screwed by Inequality Too.
We’d like to think that when our economy grows, that we all see that growth. But, that isn’t what’s happening.
Have COVID Heroes’ Incomes Soared Like Superman?
We call them heroes…and they are. But their wages are planted firmly on the ground.
Should Health Insurance Come From Employers? Spoiler Alert: No.
Lot’s of things in this crazy world don’t make sense. Employer-sponsored health insurance is one of them.