Labor

Pure Pedantry

Category archives for Labor

Health-infrastructure, information technology, and science research spending are clearly related to the success of our economy. They represent investments into intellectual property and human capital that increase productivity and create long-term growth. For this reason, I don’t object to the government spending money on them as a matter of policy. But Gary Becker makes an…

Recently, there were a set of posts arguing for different models of the effects of the minimum wage on employment. Megan McArdle argues that perfect competition models of the effects of minimum wage on the labor market implies that increases in the minimum wage will raise unemployment. Kathy G at Crooked Timber disagrees. She argues…

Moviendose on up

Every now and then, it behooves us to stop listening to the shouting heads on television and look at some numbers. A new study by the Pew Hispanic Center shows that Latino immigrants are moving up the economic ladder, out of low-wage jobs and into middle-wage employment. The survey uses the hourly wage distribution in…