By Steve Roth  (originally published at Evonomics) The shares of income going to “capital” and “labor” are vexed issues. How much is received for doing work, and how much is unearned “property income”— interest, dividends, etc.? For a long time, economists thought these relative shares stayed roughly unchanged over time. But since the 70s, and especially sincely […]

by Cactusman H-2B, or Not to Be? A Look at Labor Shortages and Immigrant Labor Several publications recently ran stories on issues with the H-2B visa program and impending shortages that are affecting local economies of various parts of the country. For those who aren’t familiar, the H-2B program allows US employers to bring in […]

Dan here….Downsizing the home when retiring? How is that done? Anecdotal evidence in the Boston area reveals to me several reasons why downsizing is only a small percentage of the housing market:  Aside from being able to handle maintenance to a later age than in the past, and wishing to maintain personal community that a […]

by Joseph Joyce A Guide to the (Financial) Universe: Part III Parts I and II of this Guide appear here and here. 4.      Stability and Growth Is the global financial system safer a decade after the last crisis? The response to the crisis by central banks, regulatory agencies and international financial institutions has increased the resiliency […]