Researchers at the National Institute of Health examined six years of workplace safety data from the 1990s. Here’s what they found:
Exploring the variables that matter most. Exploding the conventional wisdoms that rule us.
Category: partsandlabor
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 […]
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.
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?
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
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 […]
Greatest Common Factors 