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Category Archive for 'Employment'

Work in a Sociotropic Environment

Career engagement advice from Arnold Kling: Note Kevin Kelly’s succinct advice: Don’t ever work for someone you don’t want to become. My most succinct advice is: Work for a profit. Young people assign high status to non-profits and low status to profit-seeking firms. The should do the opposite. Profit-seeking firms are generally more sociotropic (the […]

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Universal Basic Income

Doesn’t a de facto version already exist? There are about 3.5 million fast food employees in the US, there are a million and a half American Walmart employees (so maybe a million clerks), there are over 6 million entertainment attendants (e.g. ticket takers, etc.), well over a million cashiers in the retail sector outside of […]

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Friday Fun Fact

There are over TWICE as many realtors in the US as there are automobile workers at the Big Three auto firms.

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Ezra Klein calls this piece powerful. There is a lot of telling information in it. Brad DeLong’s take on “You Didn’t Build That!” Worthy of a reply by me, but I’m retired and no one cares anyway!

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Via Coyote without comment.  

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As a labor economist, I am very much excited any time we see a policy change that enables us to do some research into hitherto unanswered questions. The rolling-out of the new overtime pay rule would seem to be one such option. One reason the administration is pushing for the rule is akin to the reason for […]

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Our universities almost exclusively send the message to students that they should pursue their passions, find a career they love, and explore. There is nothing of course wrong with those notions insofar as it goes, but they are at best of secondary importance and consideration. Why? All of the above serves as mere consumption value […]

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Lest one wonder if Wintercow has truly disconnected I’ll just remind folks that I’m not permitted to comment on the goings on in Ferguson or Iraq or Palestine or just about anywhere for that matter. I’m a resident member and practicing oppressor, paid by corporations and clandestine organizations to subtly promote and continue this oppression […]

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Ezra Klein’s blog is typically very good. But this piece is terrible, pardon my French. It basically shows that people who defaulted on their mortgages today are not quickly getting new mortgages and buying houses, and among the reasons are that they don’t have money for a down payment. The author claims this is not […]

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What Rochester Gets Right

The ever interesting and keen Kent Gardner reports on how the Rochester economy has fared in recent years as compared to the rest of NY and the country. The answer? Surprisingly, perhaps, is really well! Click through for some data – the important lesson is that unlike in the past, modern Rochester is a well […]

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