Relevant and even prescient commentary on news, politics and the economy.

Economics Cannot Find Racism; Just Move Along

One of my favorite paper presentations ever was by Daniel Parent, who is a good enough reason in himself for pending Labor Economists to apply to HEC. He was trying to present data on income inequalities in the Financial Services industry and was forced to note—all right, I asked—that they didn’t have the data to […]

Are Earnings Rising or Stagnant?

In 2005 Kash Mansori of Angry Bear took a look at Are Earnings Rising or Stagnant? It is an issue worth periodic review: This question is not as easy to answer as it may first appear. In working on various posts last week I came across an apparent contradiction in the official data on compensation: […]