Workers in industrialized nations have been taking home a shrinking share of the income their labor helps generate—and a new study from BerkeleyHaas sheds light on why. Drawing on data from six countries over two decades, the research identifies the biggest culprits: technological change, globalization, and market concentration, with intellectual property growth playing a smaller […]| The Horizons Tracker
Inflation adjusting income and prices from the past is a common theme in my blog posts, including fact checking of other attempts to do these adjustments. But here is a really novel one, in a viral…| Economist Writing Every Day
This blog explores how combining multiple datasets and using economic modelling reveals the main drivers of 2021–2024 inflation.| ESCoE
ACEP Now offers real-time clinical news, news from the American College of Emergency Physicians, and news on practice trends and health care reform for the emergency medicine physician. ACEP Now is an official publication of the American College of Emergency Physicians.| ACEP Now
SPOILER ALERT FOR THE THIRD SEASON OF THE GILDED AGE In Season 3 of the drama series “The Gilded Age,” one of the servants (Jack, a footman) earns a sum of $300,000 by selling a patent …| Economist Writing Every Day
This post highlights the Family Budget Calculator, an interactive tool showing income and expenses for a "modest yet adequate standard of living" in metro Atlanta.| 33n
Payment in Lieu of Notice (PILON) Calculator, what PILON payments are, when they apply, tax implications, & employer best practices.| Avensure | H&S, HR & Employment Law
Everyone is talking about the price of eggs. Even the President. That’s despite the fact eggs, on average, constitute about 0.1% of consumer spending (according to the Consumer Expenditure Su…| Economist Writing Every Day
On Feb. 11, 2025, a federal judge found settlement agreements between plaintiffs and nine poultry processors to be fair and reasonable. The ruling is the result of a class-action lawsuit alleging poultry companies conspired to suppress wages.| West Central Tribune
You see a lot of nostalgia for the recent past. People pining for the simpler life of the 1950s, or claims that wages have stagnated since the late 1970s or early 1980s. I’ve tried to take th…| Economist Writing Every Day
Last week I did a comparison of “time prices” for several goods and services in 1971 compared with 2024. For almost all goods and services, it took fewer hours of work in 2023 to purcha…| Economist Writing Every Day
I’ve written before on this blog about “time prices”: the amount of time it takes at a particular wage to buy a specific product. Time prices are especially useful for making hist…| Economist Writing Every Day
A guide to how Prop 32 may affect your hiring practices in California — and how to plan ahead for those changes.| Star Staffing
On July 1, 2024, California Governor Gavin Newsom signed Assembly Bill 2288 and Senate Bill 92 significantly reforming California’s Private Attorney| Employment Law Worldview