Category: Wages
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
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
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
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
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



