In the last post I noted that monopsony is definitely not the only and not even really the best theoretical argument for why we see no disem...

Don Boudreaux has written a long post challenging me by name on monopsony power and the minimum wage. I've addressed all the points in ...

Recently, Don Boudreaux called Robert Reich sophomoric for suggesting that productivity (as the BLS measures it) and real wages should move...

I love this graph . When you just graph the monetary base you give the impression that the Fed is (1.) in complete control and (2.) very ex...

My thoughts are with Baltimore tonight. The last time the governor called the National Guard out to respond to riots my dad was able to get...

I wanted to highlight this post by David Henderson on the late Barbara Bergmann, much of which is a discussion of her writing on the wage g...

Does anybody have experience with a distributed lag model for a panel dataset? I'm getting this odd result where I'm trying a bunch ...

I got an email today announcing an Urban seminar, and the abstract reminded me of some of the Piketty debates around Bob Murphy and Phil Mag...

In the last sentence of the last post I alluded to the fact that things get more complicated when we move from caring about inequality to do...

The last twelve months have really been The Year of Inequality. It started with the English translation of Piketty's book and it has...