Wage Stagnation vs. Living Wages for U.S. Workers Today
Far from earning living wages, most U.S. workers have experienced wage stagnation since the 1970s--a trend largely obscured by political rhetoric and misinformation.
D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
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Austerity, MTA, Blinder
[Hat-tip to Byron S. for today's image; he said it was posted to Facebook by St. Marks Bookstore.
Raise the Minimum Wage or Cut Low-Wage Taxes?
My son is a low-wage worker, a short-order cook. President Obama just called for an increase in the federal minimum
Minimum Wage, Bankers' Accountability, etc.
(1) Strange 1920s Valentines: For more like today's image, visit Retronaut (which is worth visiting anyway). I discovered
New Issue and Two Articles Posted
New issue! Our Jan/Feb issue is finally out (shipping to print subscribers now; already emailed to e-subscribers). It may
Is Paul Krugman’s Liquidity Trap Really an Inequality Trap?
As I watched Paul Krugman Sunday night on Bill Moyers, I felt a familiar sense of despair. Krugman cares deeply
Aaron Swartz, R.I.P.
I was sad to hear about the suicide of Aaron Swartz, the remarkable guy who developed the online syndication/feed
Quick Post on Annual Econ Meetings
(1) Billboard Project: Art project by Larry Chait (here), as if capitalists weren't the only ones with access
The Keynesian Stimulus Spending Fallacy
It’s a truism of pop Keynesian economics that consumer spending drives the economy; if spending slows in a recession,
Public-Private Partnerships (P3); misc.
(1) This post's image: Some elegant and amusing culture-jamming on an iPod ad on a NYC bus shelter,
Nov/Dec Editorial Note, Adidas and Sweatshops, Co-opoly, etc.
(1) Nov/Dec Issue:We're still trying to get back on schedule with the magazine; we didn'
Capturing the Multinational Dragons’ Gold
As medieval dragons do, the dragon in the Beowulf epic sleeps on a pile of gold. With magic sword and
Marvin Miller and the Reserve Clause
Marvin Miller died on November 27, at the age of 95. While Miller worked for several major unions, and rose