The Superstar Cities—the Gated Cities of the Coast—are in full-throated panic over signs that the jig is up: they cannot keep luring high priced talent to work in tech firms and live in high priced real estate. Are all those prized techies charging out of town?
Impact of $15 Minimum Wage: Depends Where You Are
Economists have performed a huge number of studies on the minimum wage and the results are all over the place. Some results show a drop in labor demand and others show little change. Seattle, with its aggressive minimum wage laws, is at the center of these debates and studies.
Yep, We Saved It All
Congress threw a stimulus party an nobody came: we didn’t spend the money. In the same month that Congress showered us with $138.4 billion, in the form of $600 checks, personal savings increased by $134.5 billion.
Pedestrian Safety and the Nirvana Fallacy
Looked at this way, we might see our traffic system not as a failure, but as a remarkable success. Cars and pedestrians share spaces millions of times each day and billions of times each year, with very few fatalities.
Strike Out. The Decline of Work Stoppage
The most powerful tool in the arsenal of organized labor has always been work stoppage, or strikes. But this tool has declined precipitously in American life.