Larry Summers

Posted by Joseph Y. Calhoun, III

Larry Summers got fired from his last job at Harvard for making some insensitive statements about the lack of women in the sciences. His latest gig is as a columnist for the Financial Times and my guess is that the FT is hoping he’ll place another foot in his mouth soon so they can send [...]

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Economic law repealed

Posted by Joseph Y. Calhoun, III

Here’s an article about the likelihood that the new Congress will raise the minimum wage:
WASHINGTON (Reuters) - The incoming Democratic-led U.S. Congress intends to give a hand to dishwashers, fast-food cooks and America’s other poorest-paid workers by raising the federal minimum wage for the first time in a decade.
With the gap between rich and poor [...]

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