EPI folks wrote a paper titled “Broad-Based Wage Growth Is a Key Tool in the Fight Against Poverty.” I wrote a response titled “If You Want Really Low Poverty, Market Income Is Not Going To Get You There.” In my piece, I point out that 2 in 3 poor people are either children, elderly, disabled,… Continue reading Wages and Child Poverty
Category: Class
Uber Surge Prices, Part III
I wrote twice previously about Uber jacking up prices in an emergency in Sydney, Australia (I, II). In both cases, I have pointed out that in addition to it being rational for many (and perhaps even the majority) to prefer non-surging in emergencies, it’s also totally plausible aggregate utility, measured in conventional ways, is maximized… Continue reading Uber Surge Prices, Part III
Right to Own
Most major companies in this country are owned by capital unions whose members are called shareholders. The members of the capital unions cast votes in elections in order to guide the direction of the companies. Among other things, the members of each particular capital union help to select a Board of Directors, which is then… Continue reading Right to Own
Gentrification
I don’t write about gentrification, but I read about it often. Most of what I read about gentrification is less lucid than I’d prefer, generally because it is vague, myopic, or needlessly narrative. This has started to bug me, and so I figured I’d try my own hand at writing about the topic. As far… Continue reading Gentrification
Decisive Victory in the Grandpa Sumner Saga
I’ve never seen someone get as thumped as Sumner in this weird exchange (him, me, him, me, him). It’s gotten a bit complicated now, as he’s shifted his position so many times. So it’s probably easiest to start with the certain victories. First, Sumner has had two opportunities to respond to the fact that my… Continue reading Decisive Victory in the Grandpa Sumner Saga