Category Archives for Income Equality

Minimum Insight from the CBO on the Minimum Wage

  Making quite a few headlines so far this week is a report from the CBO, called, ‘Estimated Effects on Employment of an Increase in the Federal Minimum Wage‘. While most of the media is grabbing onto the largest number … Continue reading

19. February 2014 by Jake Lopata
Categories: Income Equality | Tags: , | Leave a comment

Minimum Wage Strikes and Hikes

   A nationwide fast-food strike?  The average hourly wage across the nation for fast-food restaurants is ~$9.00/hour, $1.75/hour more than the federal minimum wage, but workers are being urged to strike for higher hourly wages (~$15.00/hour).  Sounds like the fast-food … Continue reading

21. August 2013 by Jake Lopata
Categories: Income Equality | Leave a comment

Raising the Minimum Wage: The Impact On Unemployment (Wonky)

    “If you raise the minimum wage, it will cause unemployment to rise”.     Intuitively, this makes sense.  Raising the minimum wage increases a businesses expenses, so much so, that  they may have to let some of their … Continue reading

13. March 2013 by Jake Lopata
Categories: Employment, Income Equality, Wonky | Tags: , , | Leave a comment

Raising The Minimum Wage: Why Now?

    The above graph describes the basic argument as to why the minimum wage needs to be raised.  If we adjust the minimum wage to account for inflation over time, it would seem the minimum wage has failed to keep up … Continue reading

04. March 2013 by Jake Lopata
Categories: Income Equality, Politics and Policy | Leave a comment

Raising the Minimum Wage: Good Idea or Bad Idea?

    Raising the minimum wage is back in the spotlight and as usual, there are vividly different views on whether raising (much less having) the minimum wage is a good or bad idea.  As a scholar in economics, the … Continue reading

20. February 2013 by Jake Lopata
Categories: Employment, Income Equality, Politics and Policy | Tags: , , | Leave a comment

How Women Can Close The Income Gap

    OECD comes out with reports on the gender pay gap worldwide from time to time to keep tabs on wage equality (via: The Atlantic).  This is an analysis of how much more or less men make than women.  … Continue reading

19. December 2012 by Jake Lopata
Categories: Income Equality | Leave a comment

Raising The Minimum Wage

    Jared Bernstein is already thinking about the future and wants to get the debate started on raising the minimum wage. This is probably a good idea considering how long it takes for Congress to get anything done, but timing … Continue reading

07. February 2012 by Jake Lopata
Categories: Class, Income Equality, Regulation | Tags: , | Leave a comment

Welfare Employment System

    I was on the road this weekend and had time (probably too much) to think about some of the things that economists lose sleep over. Being that unemployment is high, welfare programs are being utilized more than usual … Continue reading

30. January 2012 by Jake Lopata
Categories: Income Equality, Politics and Policy, Wonky | 2 comments

Stem Cells and Living Longer

Came across this interesting story from CBS News about anti-aging research being done using stem cells. Sounded very interesting, but I couldn’t help but immediately think about the economic implications of anti-aging science. First thing I ask myself, how much would … Continue reading

04. January 2012 by Jake Lopata
Categories: Healthcare, Income Equality | Leave a comment

Inequality Graphics

   Jared Bernstein has a post with a collection of graphs from the Center on Budget and Policy Priorities. This is probably one of the most popular graphs from their collection because the message is clear, income gains at the … Continue reading

29. December 2011 by Jake Lopata
Categories: Graphs, Income Equality | Leave a comment

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