Archive for December 2011
San Francisco Minimum Wage
Tomorrow, the minimum wage in San Francisco will rise 32 cents an hour to $10.24. The rate will be the highest in the country (and the first ever to cross $10.00). I have a piece up at Alternet that analyzes the likely impact. The shorter version: wages will rise, employment won’t be affected in any […]
Regime change
Over the last decade, as economic inequality in the United States was growing, income inequality was on the decline in most of Latin America. In March, economists Darryl McLeod and Nora Lustig circulated a working paper (pdf) arguing that, in Latin America, the “social democratic regimes in Brazil and Chile were more successful at reducing […]
