“[April 5, 2021], CBO updated its interactive tool—initially released in November 2019—that allows users to create custom policy options to examine how different approaches to changing the minimum wage would affect earnings, employment, family income, and poverty. The estimates shown in the tool were generated using the same methods underlying CBO’s most recent reports on… Continue Reading
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Category Archives: Economy
The first annual Microsoft Work Trend Index
Tech Republic: “The majority of people want flexible remote work to continue, but new research from Microsoft warns leaders that they’re out of touch with exhausted employees and need to plan if hybrid work is to be successful. Otherwise, they will lose staff — especially Gen Z workers. There have been plenty of smaller-scale studies showing how… Continue Reading
Forbes World Billionaire’s List
“It’s been a year like no other, and we aren’t talking about the pandemic. There were rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices. The number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755–660 more than a year ago. Of those, a record high 493 were… Continue Reading
Increasingly, workers expect pandemic workplace adaptations to stick
“From remote work to company culture and benefits, the pandemic has highlighted the things workers value most in employment. And if they do not have them, they’re preparing to seek them out when the time is right, according to a newly released Prudential survey. The Pulse of the American Worker Survey: Is This Working? A… Continue Reading
55 Corporations Paid $0 in Federal Taxes on 2020 Profits report
Institute on Taxation and Economic Policy Report – “At least 55 of the largest corporations in America paid no federal corporate income taxes in their most recent fiscal year despite enjoying substantial pretax profits in the United States. This continues a decades-long trend of corporate tax avoidance by the biggest U.S. corporations, and it appears… Continue Reading
Did you work remotely last year? A surprise tax might be waiting for you.
Vox: “The pandemic has accelerated the move to remote work and with it the possibility that those employees can live anywhere they please. That could mean a higher standard of living and a lower income tax rate for the growing number of remote workers. But in some instances it could mean having to pay taxes… Continue Reading
A Computer Scientist Who Tackles Inequality Through Algorithms
Qanta Magazine: “When Rediet Abebe arrived at Harvard University as an undergraduate in 2009, she planned to study mathematics. But her experiences with the Cambridge public schools soon changed her plans. Abebe, 29, is from Addis Ababa, Ethiopia’s capital and largest city. When residents there didn’t have the resources they needed, she attributed it to community-level scarcity.… Continue Reading
Another lockdown, but this time Parisians demand bookstores stay open
Boston Globe: “In France, the price of a baguette is protected by French law, and so is the price of a book. This says a lot about the place of reading in French life. In 1981, the loi Lang, named for then-president François Mitterand’s flamboyant minister of culture, Jack Lang, mandated that all booksellers, whether… Continue Reading
Amtrak proposed map of new and expanded service under Biden infrastructure plan
Amtrak connects U.S. – a vision to grow rail service across America: “New or improved routes to add millions more passengers over 15 years. With a growing and diverse population, a global climate crisis and longer traffic jams, America needs a rail network that offers frequent, reliable, sustainable, and equitable train service. Amtrak has the… Continue Reading
2021 Edelman Trust Barometer
“After a year of unprecedented disaster and turbulence – the Covid-19 pandemic and economic crisis, the global outcry over systemic racism and political instability – the 2021 Edelman Trust Barometer reveals an epidemic of misinformation and widespread mistrust of societal institutions and leaders around the world. Adding to this is a failing trust ecosystem unable… Continue Reading
CRS – Mergers and Acquisitions in Digital Markets
Mergers and Acquisitions in Digital Markets, March 30, 2021: “Some Members of Congress have expressed concern about mergers and acquisitions in digital markets, specifically those involving “Big Tech”—Alphabet (Google), Amazon, Apple, Facebook, and Microsoft. Mergers can be separated into three categories: (1) a merger between competitors (i.e., horizontal merger), (2) a merger with a firm… Continue Reading
Federal ‘Brain Drain’ Examined by Science Committee
[March 17, 2021] “… during the Investigations and Oversight Subcommittee hearing, “Brain Drain: Rebuilding the Federal Scientific Workforce,” Subcommittee Chairman Bill Foster (D-IL) submitted a Majority staff report into the record on trends in the Science, Technology, Engineering and Mathematics (STEM) workforce within federal science agencies following the sequestration in the early 2010s that impacted staffing within federal agencies and… Continue Reading
