post by Mike Kimel This post looks at differences between the hours worked, by gender, and the degree to which it could explain the gender gap. To lay the groundwork, the table below shows the number of full time employed (but not self-employed) men, women, their weekly wages, and hours worked. Figure 1. If this […]
Obviously, he would propose cutting his taxes if he were elected. Also there would be a Republican majority so they would be cut. But why did his campaign announce a huge tax cut proposal ? Trump is trying to present himself as a populist. The utter absurdity of this effort is at least doubled by […]
Which brings us to Snoopy, who has, for reasons I don’t fully understand, long been the emblem of the insurance giant MetLife. “At the end of 2014 the regulators designated MetLife, whose business extends far beyond individual life insurance, a systemically important financial institution. Other firms faced with this designation have tried to get out […]
As Dean Baker and several (mostly) alternative-media and hobbyist bloggers—including actual experts on Dodd-Frank and on financial-institution governance—have noted since the New York Daily News editorial board released a transcript last Tuesday of its interview with Bernie Sanders, it was not Sanders but instead members of that editorial board who were deeply confused about what […]
Noah Smith posted a cartoon about how the minimum wage works. The cartoon came from Mark J. Perry at the American Enterprise Institute. Noah said that it is Econ 101ism and I totally agree. Now the cartoon is obviously a wrong way to look at minimum wage. (I use the word “obviously” to play upon […]
A question to Senator Lindsey Graham by “The Daily Show’s” Trevor Noah asking why he endorsed Cruz for the Republican Presidential candidate over Trump. Earlier, Noah ran a clip of Graham stating it was a choice between getting shot or being poisoned and the reasoning for the choice of Cruz was there may be “an […]
I was doing manufacturing throughput consulting in the eighties for Ingersoll Engineers. I was on a gig in Peoria, IL with an older man (I did the research and he presented as I looked too young to be an expert) at Caterpillar attempting to help them find out where all the parts went after they […]
It’s by Zachary Karabell, who heads a hedge fund and has authored a book. The article’s title is somewhat misleading, describing the less important of the two topics the piece discusses. ____ CORRECTION: This is from the comments thread: Kevin Meyer April 8, 2016 12:33 pm FWIW, Karabell does NOT ‘head’ or otherwise run a […]