EconomyCommentary
Want Your Biggest Pay Raise Ever? Here’s the Step You (Probably) Need to Take
Labor markets in the U.S. have become steadily less dynamic for the last few decades. In a dynamic labor market, there is more hiring, more… Read More
EconomyCommentary
Labor markets in the U.S. have become steadily less dynamic for the last few decades. In a dynamic labor market, there is more hiring, more… Read More
EconomyCommentary
Monica Potts accuses conservatives of perpetrating a “big, long, 30-year conservative lie.” “It took the worst economic crisis since the Great Depression for many economists,… Read More
EconomyAnalysis
Thomas Piketty made some questionable choices in adjusting and presenting the data that underlies his bestselling economics tome, “Capital in the Twenty-First Century.” Chris Giles,… Read More
The March employment report showed modest job gains of 192,000 with the unemployment rate unchanged at 6.7 percent. Unemployment remains highest among teenagers (20.9 percent)… Read More
Jordan Weissmann of Slate writes that using modern economic methods in budgetary analysis is a “trick…gimmick…fantasy…miraculous…flight of fancy…picking a number out of a hat.” Weissmann’s… Read More
If you want to protect spending in Washington, call it “job creation.” That’s the flip side of yesterday’s quip by Jared Bernstein, senior fellow at… Read More
In her hearing before the Senate today, Federal Reserve Board nominee Lael Brainard reportedly said that “expansionary austerity is a contradiction and does not work.”… Read More
Paul Krugman, in the words of a former New York Times public editor, “has the disturbing habit of shaping, slicing and selectively citing numbers.” Most… Read More
Paul Krugman hates it when conservatives mention that welfare benefits and taxation induce some people to leave the labor force. Today, he wrote of “moochers… Read More
In January, the economy added 113,000 new jobs and the headline unemployment rate dipped to 6.6 percent, according to the Bureau of Labor Statistics. The… Read More