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The Washington Post: “A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis. Economists warn that this is a red flag. Despite the strong economy and low unemployment rate, many …
“The Think Tanks and Civil Societies Program (TTCSP) of the Lauder Institute at the University of Pennsylvania conducts research on the role policy institutes play in governments and civil societies around the world. Often referred to as the “think tanks’ think tank,” TTCSP examines the evolving role and character of public policy research organizations. Over …
Recode – Bad maps mean federal money isn’t being spent where it should be to build out broadband connectivity. “High-speed internet is not really available where the government says it is. And that misinformation means that a lot of Americans, especially those in poor and rural areas, can’t get access to broadband — a service …
Law.com – Law firms were able to grow revenue more than expenses despite a big rise in the cost of associate salaries. “The law firm industry last year posted its best results in more than 10 years.Post-recession highs in demand and billing rate growth drove strong revenue growth—critical in a year where expense growth accelerated. …
With many thanks to Pete Weiss – everyone should read this FAQ by a tax attorney will help to prevent costly errors when claiming income distribution during retirement – “If you have an IRA, you may have heard the term “required beginning date” or “RBD.” This is an important date that every IRA owner should …
NBER Working Paper Series: Global Wealth Inequality , Gabriel Zucman, Working Paper 25462, January 2019. “This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased dramatically since the 1980s, …
Opinion – Wired: “…What blockchain does is shift some of the trust in people and institutions to trust in technology. You need to trust the cryptography, the protocols, the software, the computers and the network. And you need to trust them absolutely, because they’re often single points of failure. When that trust turns out to …
The Hill: “The National Park Service (NPS) will retroactively pull from congressionally appropriated funds to pay for the park maintenance and other operations the Trump administration authorized during the partial government shutdown, according to an internal NPS memo obtained by The Hill Wednesday. Dan Smith, NPS’s deputy director and its top official, told staff in …
Washington Post: “…Since his first month in office, with his first weekend forays to his private retreat in Florida — Mar-a-Lago — questions have been raised about the cost of those trips. This isn’t simple to figure out, given that the total includes costs incurred by various government agencies as well as costs associated with …
GovExec: “A new study released by the Senior Executives Association paints a dire picture of the federal workforce, one that is stretched too thin, hampered by old technology and the target of partisan attacks. Without a significant overhaul, agencies may fail to provide adequate services when they are needed most, the researchers found. The report, released …
The New York Times – A small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance. “Automation is splitting the American labor force into two worlds. There is a small island of highly educated professionals making good wages at corporations like Intel or Boeing, which …
Pew – In emerging economies, technology use still much more common among young people and the well-educated: “Mobile technology has spread rapidly around the globe. Today, it is estimated that more than 5 billion people have mobile devices, and over half of these connections are smartphones. But the growth in mobile technology to date has …
