Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Photo A convention for fast-food workers last July in Addison, Ill., called for higher minimum wages. Credit Nathan Weber for The New York Times close shareTools All eyes are on wages. For workers who have faced six years of stagnant pay, Federal Reserve officials trying to decide when they can safely raise interest rates, or…
Who Pays? 5th Edition Read the Report in PDF Contents: Executive Summary Introduction The 10 Most Regressive State & Local Tax Systems The Least Regressive State & Local Tax Systems The Kind of Tax Matters Income Taxes Sales & Excise Taxes Property Taxes Low Taxes or Just Regressive Taxes? The Economic Case for Tax Fairness…
Today’s jobs report, while overall very strong, showed a slight tick down in the labor force participation rate, from 62.8% last month to 62.7% this month. It’s now at the lowest rate since 1978. Why the participation rate has fallen so much is one of the most hotly debated questions in economics. On the one…