Inequality, labor market policies and competition.
Affiliations: NBER, IZA, MIT Shaping the Future of Work Initiative
Preorder my book, The Wage Standard: https://www.thewagestandard.com
It's highly credible. And very much consistent with my own experience with use of agentic AI in research and teaching.
www.nber.org/papers/w35720
It's highly credible. And very much consistent with my own experience with use of agentic AI in research and teaching.
www.nber.org/papers/w35720
Concentrated wealth as an abstract concept doesn't animate voters as much as when that wealth is tied to a technology that voters are very concerned about.
Concentrated wealth as an abstract concept doesn't animate voters as much as when that wealth is tied to a technology that voters are very concerned about.
Concentrated wealth as an abstract concept doesn't animate voters as much as when that wealth is tied to a technology that voters are very concerned about.
October will be a busy month!
Also exciting is that these talks will include some new findings. Coming soon!
1/
October will be a busy month!
Also exciting is that these talks will include some new findings. Coming soon!
1/
In contrast, capital income inequality (and wealth inequality) has risen driven by fall in labor share.
Inequality has moved from labor to capital income.
In contrast, capital income inequality (and wealth inequality) has risen driven by fall in labor share.
Inequality has moved from labor to capital income.
Through 2025, at least bottom-half wage inequality compressed & remained so.
Through 2025, at least bottom-half wage inequality compressed & remained so.
Stay tuned!
Stay tuned!
Through 2025, at least bottom-half wage inequality compressed & remained so.
Through 2025, at least bottom-half wage inequality compressed & remained so.
1) think AGI (artificial general intelligence, the idea that AI that can do any cognitive task a human can, making it a substitute for humans) is coming in the next few years and this is a very good thing,
1/
1) think AGI (artificial general intelligence, the idea that AI that can do any cognitive task a human can, making it a substitute for humans) is coming in the next few years and this is a very good thing,
1/
(We went to see Noah Kahan last month, and will go see OR in October, so this is very popular in the family.) www.youtube.com/watch?app=de...
(We went to see Noah Kahan last month, and will go see OR in October, so this is very popular in the family.) www.youtube.com/watch?app=de...
Stay tuned!
Stay tuned!
events.zoom.us/ev/ArtZWofWx...
Unless you have a union contract with protections.
Lucky to be a member of the MTA, who can defend me if I ever were in a similar position. Wish more had the same.
Unless you have a union contract with protections.
Lucky to be a member of the MTA, who can defend me if I ever were in a similar position. Wish more had the same.
He was the only Econ faculty member laid off, in a largely heterodox dept, after years of publicly criticizing the administration's finances.
A bad look for the New School. Tenure exists precisely to allow this kind of criticism. www.nytimes.com/2026/08/05/n...
He was the only Econ faculty member laid off, in a largely heterodox dept, after years of publicly criticizing the administration's finances.
A bad look for the New School. Tenure exists precisely to allow this kind of criticism. www.nytimes.com/2026/08/05/n...
Join us tomorrow at 3 PM ET for a conversation with @arindube.bsky.social on The Wage Standard, his new book on how we got here and how we can reset the labor market in workers' favor.
⬇️ Register below!
Join us tomorrow at 3 PM ET for a conversation with @arindube.bsky.social on The Wage Standard, his new book on how we got here and how we can reset the labor market in workers' favor.
⬇️ Register below!
Getting ready for our trip to Iceland next week, for the solar eclipse!
Getting ready for our trip to Iceland next week, for the solar eclipse!
1/
events.zoom.us/ev/ArtZWofWx...
events.zoom.us/ev/ArtZWofWx...
1/
1/
What happened to pay? What happened to jobs? The good news is that it's pretty easy to figure out now.
substack.com/home/post/p-...
- Statutory MW hikes are effective in raising the wages of the low paid.
- No substantial job losses.
- Adjustment via higher productivity, prices &/or lower profits
What happened to pay? What happened to jobs? The good news is that it's pretty easy to figure out now.
substack.com/home/post/p-...
- Statutory MW hikes are effective in raising the wages of the low paid.
- No substantial job losses.
- Adjustment via higher productivity, prices &/or lower profits