In the last several weeks, I gave talks on sustainable development and technology in China as well as in several forums in the US. I stated my strong belief that the use of molecular and cell technologies in agriculture (one of their main applications is in genetically modified [GM] products) … More >
By Annette Bernhardt and Ken Jacobs
Judging by the past three months, 2014 is on track to become the year of local minimum wage laws. Campaigns are under way in Richmond, Berkeley and Oakland to join San Francisco and San Jose in setting a minimum wage higher than state law. These … More >
Now that economic inequality has become a focus of attention – mentions of “income inequality” in the New York Times went up five-fold in the 2010s compared to the 2000s, 200-fold compared to the 1990s – we know a few things about it clearly. For example: American inequality is unusually great among … More >
By Miranda Everitt and Philip Rocco — Read enough political journalism and you will likely be persuaded of a simple truth: public policy exists to serve economic ends. We grant tax deductions to encourage home ownership; we extend unemployment insurance to support consumer spending during a crisis. But there is more to … More >
As we approach the “Season of Giving,” when Americans are particularly inclined by the Christmas spirit – and also by the looming deadline for tax-deductible contributions – to share with the needy, we again consider the American way of helping the poor.
This time last year, I noted some of the peculiarities of … More >
It was fifty years ago the March on Washington for Jobs and Freedom took place. The demand for a higher minimum wage was part of a package of demands seeking economic justice for workers through government intervention in the labor market. At that time, the wage floor was $1.15 and … More >
The good news this Labor Day: Jobs are returning. The bad news this Labor Day: Most of them pay lousy wages and low if non-existent benefits.
The trend toward lousy wages began before the Great Recession. According to a new report from the Economic Policy Institute, weak wage growth between 2000 … More >