Category: partsandlabor

partsandlabor by MaxJul 15, 20202:58 pm

The 10 states where workers die at the highest rates are all Republican. 8 of the 10 safest states for workers are Democratic.

Where’s your greatest chance of getting killed on the job?

The reddest of the Red states. That’s where.

as not seen on tv by MaxJun 18, 20204:03 pm

Is Trump the best Prez African Americans have ever had? Not if you ask the Black–or Latino–workers who died at the highest levels in at least 5 years

partsandlabor by MaxMay 20, 20207:19 am

Quantum Econ: How Gold Gets Its Value

partsandlabor by MaxMay 13, 20206:57 am

The fight over the safety net is not about debt. It’s wages. Here’s how the GOP wants to lower yours by gutting labor’s leverage:

as not seen on tv by MaxFeb 13, 202012:54 pm

130 years after the Civil War, Black Male Workers Died Twice as Often in the South

Researchers at the National Institute of Health examined six years of workplace safety data from the 1990s. Here’s what they found:

partsandlabor by MaxJan 7, 20206:39 am

Starting yesterday, NY employers can’t ask job applicants how much they got paid at their last job(s). Quick and rough thoughts on why that’s good news for workers.

I’ve never met someone in HR who keeps track of the marginal product of labor. In the real world (like outside of an econ textbook) employee pay has little to do with actual productivity and […]

as not seen on tv by MaxDec 10, 20191:43 pm

Wonky Geometry: How paying people whether they work or not can increase the wages of the working

Short version (to be elaborated on in future post): UBI (and M4A and affordable housing) raises reservation wage –> shifts labor supply curve —> new (higher) equilibrium wage.

as not seen on tv by MaxNov 1, 201910:49 am

When more employees in a state are represented by unions, families earn more money. A lot more.

Read the chart. It should speak for itself. I bring data to the convo. No point arguing about subject without seeing the numbers. Here they are. The correlation is significant. R-squared value shown. […]

partsandlabor by MaxSep 28, 20194:23 am

That part of Adam Smith they don’t teach in Econ 101–or anywhere else

What if Adam Smith’s legacy had been completely hijacked by a visible hand of naked self-interest?

partsandlabor by MaxSep 18, 20194:18 am

Why care is the new commodity—and the future of work looks dim

Median pay of the 10 fastest growing jobs between 2016 and 2026 is $27,000

partsandlabor by MaxSep 9, 201910:48 am

Here’s the future of American work (and why your next job will probably suck)

partsandlabor by MaxSep 2, 20197:49 am

What unions do—or used to—and how the bottom 80% of American families started sharing a smaller piece of national income

It’s about leverage. You produce more money per hour than you get paid for—otherwise you wouldn’t be hired by a for-profit company. But the amount you get isn’t set in stone. Your worth depends on […]

partsandlabor by MaxJul 24, 201910:30 am

What free market? For the last half century, government has been a third, or more, of the US economy

What free market? As the US debates “socialism” and “capitalism”, it’s important to remember that government has been a large part of the American economy for generations. Consider data from the last 70 years […]