Category: Wages

Sunday, January 23rd, 2011

The price of taxis

Felix Salmon has an interesting post on the price of taxicab medallions in New York City: a perfect illustration of the increasingly lopsided distribution of rewards between the owners of capital and the owners of labor in American capitalism. The … Continue reading

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Thursday, January 20th, 2011

The value of education

My colleague David Leonhardt at Economix analyzes new government data on pay trends for 2010. It was a pretty bad year for everybody. But the statistics underscore that an education remains as valuable as ever: the pay gap between college … Continue reading

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Friday, January 14th, 2011

Should you work for free?

Remember when Google asked illustrators to design some cool new art for its browser, Chrome, for free? Some artists were swayed by the argument that exposure on Google amounted to valuable advertising for their work. But many were incensed that … Continue reading

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Tuesday, December 21st, 2010

The price of good teachers

Parents, principals, education experts all seem to agree that teacher quality is the single most important determinant of a child’s education, considerably more important than class size. The Obama administration has taken this to heart, pushing to incorporate merit pay … Continue reading

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Wednesday, December 1st, 2010

The Price of Bankers

If you want to be a banker you should probably stay out of Phoenix. According to the latest quarterly survey of employment and wages by county. Of the 10 largest counties in the country, Maricopa is where financiers earn less. … Continue reading

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