Commentary: Film incentives make a big difference for workers
We've seen this scripted act of fiction before. Every year at this time, so-called "experts" from biased, politically motivated think tanks release a report concluding it is time to call "cut" on film, TV, and streaming program tax credits nationwide, as a columnist did in the July 26 issue of…
Costs and delays plague shipping, hobbling supply chain to metro Detroit businesses
Have some patience for that neighbor with the unkempt grass this summer — it could be the supply chain disruptions of the past year just won't get off their lawn.Supply chain woes, from lawn and garden equipment to the global computer chip shortage afflicting the auto industry, continue to…
Low Pay, No Benefits, Rude Customers: Restaurant Workers Quit At Record Rate
Average wages for nonmanagers at restaurants and bars hit $15 an hour in May, but many say no amount of pay would get them to return. They are leaving at the highest rate in decades.
EPI’s Family Budget Calculator measures the income a family needs in order to attain a modest yet adequate standard of living. Compared with the federal poverty line and the Supplemental Poverty Measure, EPI’s family budgets provide a more accurate and complete measure of economic security in America. The Family Budget Map offers a view of cost of living for a two-parent, two-child family across the United States at the county level.
A Suggested Exercise for Teaching Arbitrage on JSTOR
Traditionally, finance textbooks have taught the concept of arbitrage through a number of disparate examples often presented in different sections or chapters. ...
Measure of the wage growth of individuals. It is constructed using microdata from the Current Population Survey (CPS), and is the median percent change in the hourly wage of individuals observed 12 months apart.
Some Context on the Executive Order on Promoting Competition in the American Economy
Economists love to talk about the role of competitive markets, but markets aren’t always that competitive. Biden's latest Executive Order is an attempt to correct that.
Vaccine drive hits diminishing returns but plows on
Only a mile and a half from the nearest CVS Pharmacy, Deborah Hurst received the first dose of a Pfizer vaccine last week sitting at a computer desk at her home in Lincoln Park, the midsummer sun peeking through the rear sliding door. The 68-year-old retired school teacher finally received the…
Commentary: The reviews are in, and film incentives are still wrong for Michigan
Some legislators want to resuscitate Michigan's defunct tax subsidies for film and television production — a program that once spent half a billion taxpayer dollars. That would be a colossal mistake.I should know. I've analyzed those incentives more than most. My first nationwide study…
Commentary: Entrepreneurship offers path to wealth for minority communities
The Michigan Minority Supplier Development Council recently released a new analysis estimating that it will take more than three centuries to achieve economic parity in minority communities based on the current growth rate of the nation's minority entrepreneurs. Simply put, we must do better. And…
Explained | Why Women Are Paid Less | FULL EPISODE | Netflix
In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...
Explained | Racial Wealth Gap | FULL EPISODE | Netflix
In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...
Explained | The Stock Market | FULL EPISODE | Netflix
In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...