Quiet Quitting: White Collar Workers No Longer in the Mood to Give More at Work Than They Are Paid For
Quiet quitting: the new management bugaboo!
Read more...Category Archives: Income disparity
Record Number of US Households Behind on Energy Bills; Brace for a Cold Winter
Americans haven’t suffered the same level of energy price increases as the UK and Europe, yet a record number of households are buckling.
Read more...Biden’s Gimmie to the Higher Educational Complex and Well-Off, Dem Leaning Voters: The $10,000 Student Loan Writeoff
There’s a lot not to like about the Biden student loan forgiveness scheme.
Read more...The Hope of What Was Once Called a Decent Living Has Departed for the Average Household
The UK is a serious and worsening cost of living crisis that’s impoverishing the former middle class. What will the political fallout be?
Read more...Republicans Are Being Mean to the IRS, Not That the Democrats Are Helping
It may seem peculiar to offer a defense of sort to the IRS, since most people here regard doing their taxes with even less enthusiasm than a visit to the dentist (although attitudes depend very much on the state of one’s finances and teeth). However, the reporting on the Democratic Party plan to increase IRS […]
Read more...Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees
How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.
Read more...Will the Inflation Reduction Act Actually Reduce Inflation? How Will the Corporate Minimum Tax work? An Economist Has Answers
A look at some of the tax and tax collection changes in the Inflation Reduction Act.
Read more...10 Years a Detainee: Why Some Spend Years on Rikers, Despite Right to Speedy Trial
Rikers Island was designed to hold people accused of crimes less than a year. Why have some been there for six, eight and even 10 years?
Read more...Economists Fear Fed Minutes Show Central Bank Bent on ‘Unleashing Mass Unemployment’
The Fed confirms its true colors of being in the business of disciplining labor, whether it makes sense of not.
Read more...Are Community Schools the Last, Best Shot at Addressing Education Inequity?
Community schools appear to be solving the long-standing education gap between the affluent and the less privileged.
Read more...80% of US Voters Across Party Lines Support Expanding Social Security
Social Security is so popular that an overwhelming majority wants more. But that’s apparently one of the nice things we can’t have.
Read more...For Medically Vulnerable Families, Inflation’s Squeeze Is Inescapable
Inflation is putting families with big ongoing medical costs under terrible stress.
Read more...Striking a Bargain: Narrative Identification of Wage Bargaining Shocks
Workers and employers bargain over the surplus income generated by an employment relationship. This column uses information about key events in Germany relevant for wage negotiations, like labour strikes and the introduction of a minimum wage, to pinpoint changes in bargaining power between workers and employers. It finds that such wage bargaining ‘shocks’ are important drivers of unemployment and inflation and that their effect on wages is almost fully reflected in prices. Furthermore, they reduce the vacancy rate and increase firms’ profits and the labour share of income in the short run, but not in the long run.
Read more...‘Dictatorship Never Again’: Massive Pro-Democracy Protests Sweep Brazil
Protestors in Brazil want to change the government, end neo-fascism, and ensure Constitutional rights.
Read more...Energy Workers to Stage More Protests as Companies Raise Bills but Not Pay
Employees at Drax, Grangemouth and other energy sites will walk out every fortnight as firms rake in huge profits.
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