Category Archives: Society

Lets get this settled, economists are not weather forecasters. They are forward thinkers, and you should listen to what they have to say.

The lines below are mostly a response to opinions expressed by a few close friends after many vigorous debates over the value that economists provide and the role that they offer in the current discussion about income inequality… To my dear friend who contends … Continue reading

Posted in Business, Democracy, Diplomacy, Economics, Foreign Affairs, Globalization, Politics, Society, Sociology | 1 Comment

Overtime Rules: Can We At Least Agree on Inflation Adjustments???

The House Education and Workforce Committee is holding a hearing today to discuss overtime rules.  This should be interesting… The consensus expectation seems to be that the Department of Labor will propose increasing the salary threshold for nonexempt workers to … Continue reading

Posted in Business, Daily News, Democracy, Economics, Human Resources, Labor, Law, Politics, Society | 2 Comments

Tyler Cowen’s comments on income inequality and technology… I disagree

I just read Tyler Cowen’s comments in the International New York Times Upshot piece titled, “How Technology Could Help Fight Income Inequality“, and I could not make it past the second paragraph before the words came rushing out of my … Continue reading

Posted in Economics, Politics, Society, Technology | 3 Comments

Are Boomers Crowding Out Tomorrow’s Workforce?

I’ve come across a few articles discussing the idea that the older workers are, or are not, taking jobs from the young.  I find this discussion interesting and one I want to ponder over a bit. The first is one from … Continue reading

Posted in Business, Economics, Human Resources, Labor, Macro, Politics, Ruminations, Society | 2 Comments

Is it ‘where are the jobs’ or ‘where are the workers’?

The unemployment rate gets a lot of attention in the media and in public discussions as it relates to the labor market and overall economy.  In no way do I mean to discount the unemployment rate as a useful measure but … Continue reading

Posted in Business, Daily News, Economics, Human Resources, Labor, Society, Statistics | Tagged , , , , , | 8 Comments

U.S. Employment Level & Baby Boomers: What Comes After Act IV?

The Baby Boom generation is a topic that can yield volumes of data and discussion.  As a group, they comprise a roughly 76 million strong explosion of the U.S. population that was born between 1946 and 1964.  In the aggregate, … Continue reading

Posted in Economics, Labor, Macro, Politics, Society | Tagged , , , | 4 Comments

Economics and Parties

I found these interesting thoughts hidden in one of my notebooks.  I never finished it, but I think the timing was not coincidental – November 2006.  I wish I could say that I can write like this now, but my … Continue reading

Posted in Economics, Macro, Ruminations, Society | 2 Comments