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24 Mar

Government Spending Is Out of Control! LOL

by Invictus
Calculation: BEA Table 3.1 Line 20 (Current Expenditures) divided by Table 1.1.5 Line 1 (GDP). Alternatively, Item #2 below divided by...

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20 Jan

California vs Texas Minimum Wage, 2013-2024

by Invictus
    @TBPInvictus here: Last year finished with a flourish. The work I do here was directly responsible for the Hoover...

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18 Dec

Surprise! California’s 40 Qs of Rising Minimum Wage...

by Invictus
  @TBPInvictus here Our story so far: California has been raising its minimum wage for the past decade, starting at $8/hour through...

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29 Nov

Never Mix Payroll and Household Survey Data

by Invictus
  @TBPInvictus here (link is now to Bluesky) Let’s cut to the chase: A Hoover Institution analysis of California private job...

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7 Oct

UPDATE: New CA QSR Min Wage Study. A Victory Lap.

by Invictus
  @TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom...

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11 Jul

Thinking About the Sahm Rule…

by Invictus
    @TBPInvictus here: The most recent Employment Situation Summary a/k/a “jobs report” a/k/a NFP showed a healthy...

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7 Jul

Why Hasn’t the California Globe Retracted Its Story?

by Invictus
@TBPInvictus here If you’re tired of California-minimum-wage-and-its-impact-on-limited-service-restaurant-employment stories, I...

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13 Jun

Debunking QSR Minimum Wage BS: A Follow Up

by Invictus
  @TBPInvictus here A few days ago, Barry and I detailed how unscrupulous bad actors had taken Not Seasonally Adjusted data to...

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10 Jun

Seattle Redux: Misunderstanding Seasonal Adjustments

by Invictus
@TBPInvictus here. About a decade ago, the city of Seattle undertook to raise its minimum wage, over time, to $15/hour. Massive credit...

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22 Apr

Alienating Tesla Buyers by the Cybertruck-load

by Invictus
    @TBPInvictus here: Back in December 2022, I hypothesized that Elon Musk’s antics and his newfound desire to own the...

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  • About Barry Ritholtz

      Barry L. Ritholtz is co-founder, chairman, and chief investment officer of Ritholtz Wealth Management LLC. Launched in...

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