Posts filed under “Wages & Income”

Coming to Asia: 5,000 New $100 Millionaires

click for full discussion

Source: Visual Capitalist

Category: Digital Media, Economy, Wages & Income

Curly Joins Moe & Larry on Seattle Min Wage

@TBPInvictus Moe and Larry on Seattle’s minimum wage are now joined by Curly, a fellow by the name of Mike Patton, whose recent screed on the topic can be found here. To demonstrate the deliterious effects of Seattle’s new law, Patton provides us the following chart: (Let’s disregard the fact that what Patton cites as 3.7%…Read More

Category: Current Affairs, Data Analysis, Economy, Employment, Wages & Income

What Happens If We Redistribute Bill Gates Wealth to the Poor?

Today’s column might anger some people on the right AND the left. Try not to react emotionally. Instead consider this as a way to point out some obvious truths to your ideological opposites. Take a look at the Robin Hood Index chart at right (via Bloomberg). It shows the effect of confiscating all of the wealth of…Read More

Category: Really, really bad calls, Taxes and Policy, Wages & Income

Jamie Dimon ‘Hedonically Adjusts’ the Poor

Whenever I am going through a rough patch in my life, it’s nice when a friend offers kind words of encouragement, some motivational thoughts – Hey! You can get through this! — and everything eventually gets better. Perhaps that’s what JPMorgan Chase Chief Executive Officer Jamie Dimon was thinking when he in effect told the poor – Buck up! Things…Read More

Category: Corporate Management, Really, really bad calls, Technology, Wages & Income

Perspectives on a Universal Basic Income

Category: Think Tank, Wages & Income

On Scaring Minimum Wage Workers

@TBPInvictus The opening paragraph of this CNNMoney piece (over one year ago) perfectly captures a growing sentiment that I’ve seen making the rounds more frequently of late: As protesters across the country call for the fast-food chains to raise their wages, a number of companies have begun experimenting with new technology that could significantly reduce…Read More

Category: Current Affairs, Employment, Wages & Income

US College Majors: Median Yearly Earnings

Intern season is over and all the college students are back at school. Seems like a good time to remind those of you about to assume a lot of debt to pay for all that learnin’ may want to take a look at this chart below. Note the X-axis is gender ratio — the further…Read More

Category: Data Analysis, Wages & Income

Searching for Higher Wages

Searching for Higher Wages Luis Armona, Samuel Kapon, Laura Pilossoph, Ayşegül Şahin, and Giorgio Topa Liberty Street Economics, September 2015   Since the peak of the recession, the unemployment rate has fallen by almost 5 percentage points, and observers continue to focus on whether and when this decline will lead to robust wage growth. Typically,…Read More

Category: Employment, Think Tank, Wages & Income

Comparing CEO and Employee Salaries

Source: Dadaviz

Category: Corporate Management, Wages & Income

More Food for Thought on Seattle Minimum Wage

@TBPInvictus (Pun intended in the title) There are myriad factors that typically go into determining the success or failure of any legislative policy. It will be no different with regard to the minimum wage. Let’s turn (again) to Seattle, currently Ground Zero for the minimum wage debate, where the minimum wage was recently kicked up…Read More

Category: Current Affairs, Data Analysis, Economy, Taxes and Policy, Wages & Income