Tag: Work

Tuesday, March 8th, 2011

Has educastion lost its punch?

Paul Krugman suggests we can no longer count on education to increase workers’ prosperity.

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Tuesday, March 1st, 2011

The (falling) price of labor

Something happened about 30 years ago to throw a wrench into the workings of the American labor market. This chart shows the evolution of the productivity of American workers and what they got paid for their work. The two variables tracked … Continue reading

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Tuesday, February 8th, 2011

The Price of Super-lawyers.

In The Price of Everything I write about how pay is becoming increasingly lopsided around the world. The trend is evident from top entertainers to star chief executives at big multinational corporations:  superstars are reaping a growing share of the … Continue reading

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Friday, February 4th, 2011

The price of sport stars

I discuss sports with Jeremy Schaap on ESPN Radio’s “The Sporting Life.”

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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 15th, 2010

The Price of the Financial Crash

Here’s another measure of the price we paid for the housing bubble and subsequent financial implosion: delayed retirement. The crisis vaporized a large slice of the retirement savings of many older workers. Economists at the Federal Reserve Bank of Chicago … Continue reading

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Friday, December 10th, 2010

The Price of Having Kids

Despite the enormous strides taken toward gender equality in the last century, having children can still be very expensive for moms. I’m not talking about the cost of raising and educating a kid. The biggest cost is that experienced in … Continue reading

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