Why Is Wage Growth So Slow? Mary C. Daly and Bart Hobijn FRBSF, January 5, 2015 Despite considerable improvement in the...
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“The Plutonomy is here, is going to get stronger, its membership swelling. Toys for the wealthy have pricing power, and staying...
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Always Low Wages? Wal-Mart’s Other Choices Wal-Mart’s holiday public-relations headache began when a Canton, Ohio, store...
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Floyd Norris’ column in Saturday’s NYT hits upon one of our favorite themes: That the 2001-07 recovery was one of, if not...
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A post Olympic view: via St Louis Dispatch
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Today’s media pick is from the NYT. For the first time since 2000, the average income actually rose in the US, according to IRS...
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Today’s must read MSM piece is a page one NYT article on how second mortgages — "the borrowing of last resort, to be...
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More nonsensical tripe foisted upon the world by W. Michael Cox and Richard Alm again. For those of you who may not recall, they are the...
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Exactly one year ago, my pal James Altucher penned a Real Money article, The Underlevered American Household. I found it perplexing...
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Today’s Chart Porn is The Varying Impact of Gas Prices (via the NYT), which looks at local Gas Prices, Median Income, and...
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