Wages & Income Archives - The Big Picture

Every now and again, several different ideas and stories collide in a grand moment of serendipitous good fortune, resulting...

A massive shift is occurring in the labor market today, one that has been misinterpreted by economists of all stripes: On...

Source: GeoFRED Today’s (yawn!) NFP numbers are a good a time to take a quick look at the ongoing minimum wage...

Source: Businessweek The debate about the $15 national minimum-wage has been generating more heat than light. It is an area...

Bloomberg has historically been an institutional data and content provider. The terminals pricing starts at $2000 per...

It’s a well-known cliché that isn’t quite true: Money can’t buy happiness. On this episode of Good Money, we examine...

How much money do you need to be rich in America? How little must you have to be poor? Short answer: enough to buy pretty much...

Many wealthy Americans insist they aren’t rich, and that has profound implications in electoral politics as well as economic...

Yesterday, I had a very interesting discussion with Aaron Brown. We discussed some issues with his column “401(k) Plans No...

I have made my views on the folly of forecast and the perils of predictions absolutely clear. (See all of these dating back...