Category Archives: Guest Post

Monday Scenes from the Democratic Convention (through 7:10 pm EDT)

Here are some scenes from the convention; many have been reported elsewhere, but fwiw here’s my take: Friday night the DNC held two huge parties to welcome delegates. The Berners were proudly displaying Bernie bling, Hillary fans much less so. Things were peaceful. The Bernie meeting at 12:30 Monday reflected where many delegates are: angry […]

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2:00PM Water Cooler 7/25/2016

By Lambert Strether of Corrente. TPP/TTIP/TISA Kaine on TPP (1): “A Clinton aide confirmed to CBS News that Kaine had made a private commitment to Clinton that he would now oppose TPP, falling in line with the former secretary of state’s declared view on the trade deal” [CBS] A “private commitment. ” Oh, OK. Kaine […]

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Back in Work, Still Out of Pocket: Labor Market Recovery Since the Great Recession

The labour market recovery in OECD countries has been steady but slow since the Great Recession. More worrying is the fate of wage growth over the same period. This column assesses the implications of stagnation in the labour market for growth, wages, and inequality. It finds that structural weaknesses in labour market performance have become more visible as markets recover from the Great Recession. The policy response must include macroeconomic policies aimed at strengthening investment, and structural policies to support growth while nudging workers towards higher-skilled jobs.

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