This timeline really needs new characters.

Maine has a bill from Rep @amyroeder.bsky.social to do just this. One more reason for lawmakers to (finally) pass it when they get back in January #mepolitics

When states like Colorado passed policies requiring employers to disclose salary information in job postings, what happened? It increased competition, and raised wages, without harming employment or changing skill requirements. Improved functioning of markets, helped workers.

The Hassett theorem: Tariffs only affect prices when they are removed.

New NYT piece on price/rent control from @bharatramamurti.bsky.social and @nealemahoney.bsky.social suggests a middle ground of careful use.

We really need to release all the Epstein files. A powerful disinfectant that would hold a broad swathe of elites accountable.

Very exciting news. This is going to be an important book.

Reading these emails is really taking a toll on the share of total IQ that I possess.

people really had very little to do in 2017 so they were all sending emails to epstein

How high is $19 in 2028 in Portland ME? It will likely be around 65% of the median wage in MSA (calculations below). This is squarely within the experience of cities that have enacted citywide minimums, as Attila Lindner and I found in our review of 22 major cities min-to-median ratio was 63%. 🧵

Voters in Maine’s largest city on Tuesday approved Question A, a referendum that would raise the city’s minimum wage to $19 an hour by 2028.

Historic.

Predictions are hard, especially about the future, but I am quite confident that the term MNYGA will not live on...

The GOP brand is not looking great tonight. Pushing families off SNAP and hiking their healthcare premium doesn't seem like a winning strategy for turning that around.

If you want more on wage boards and how they can achieve what Dani was referring to, check out my book The Wage Standard - now available for pre-order. www.thewagestandard.com

From the recent New Yorker interview of @drodrik.bsky.social on his new book, by @johncassidysays.bsky.social (Link below in the thread).

Looking forward to presenting tomorrow at the Princeton labor seminar.

Worth reading.

Need to systematically search academic publications on a topic? The openalex catalog is very comprehensive and easy to access with the #RStats openalexR package (h/t @arindube.bsky.social)

New WP: We study how minimum wage increases affect poverty and food hardship in the U.S from 1981-2019. Different from recent work, we study the Supplemental Poverty Measure + two measures of food hardship, factor in cost-of-living differences, and more. www.iza.org/publications...

One of the more meta similarities between 2000 and 2025 is the extent to which the likelihood of a bubble is widely recognized and discussed, even as asset prices climb.

This is literally what the actual "siege" of the auxiliary ICE building looks like

Since "war ravaged" is now being used without any relationship to reality, I hope everyone is enjoying this beautiful sunny afternoon like the one here in war ravaged Western Mass.

The pro-worker labor policy of the Trump administration is getting very hard to detect

Finally some good news out of UCLA… Our program has been elevated to an official Department of Labor Studies, the first labor studies department in UC history! newsroom.ucla.edu/stories/ucla...

Shocking news.

The BLS is NOT postponing the monthly inflation report, the Consumer Price Index (CPI). Rather, the delay is for the annual Consumer Expenditure Survey (CEX). CEX provides the "weights" for the CPI and other inflation measures.

Don't look now, but I expect calls for tax justice to grow louder here in America too.

Pope Leo XIV speaks out against wage inequality.

Not surprising, but still very important. www.reuters.com/world/us/fed...

Love it or hate it, this type of pressure on corporations to shape the contours of the market is something the left has wanted to do for a long time, but any actual attempt would have led to an uproar. Trump has been able to do it with relatively little uproar. www.nytimes.com/2025/09/10/u...

I lived in Seattle in 1991. When my kids ask me what I memories I have about music from my youth this is it.

“Smells Like Teen Spirit”, released as a single 34 yrs ago today “No one had any psychic foresight .. that the song would go on to do what it did,” said Grohl. “We just fuckin’ rocked it in a little rehearsal space that was like a barn. .. We just thought it was another cool song for the record.”

Alt title: Reimagine carbon based life forms demanding social security privatization

Here is a scary story: a two-sided Wile E. Coyote cliff. One is Trump policies: market may have under-priced costs. Another is AI: investors may have been overly optimistic. Correcting beliefs on one may lead to corrections in the other: with a scary multiplier.

a major concern coming out of the jobs report today is prime-age Black employment, which fell in 2025 these data are noisy and while it would be great if they turned around, I'm not optimistic: there will be downward pressure from federal job losses over the next few months

That quote below was from me, yesterday, expressing concerns about a slowdown in the labor market. Today's weak jobs report makes things worse. Here's why. 🧵

What does research say about minimum wages & employment? Three quarters of studies find small negative or positive effects New from the minimum wage own-wage elasticity repository: 97 studies, 78 published Median OWE: * all studies including narrow groups= -0.15 * overall low-wage workforce = 0.00

Maybe cancel the Nobel peace prize

The National Living Wage in UK aimed to get rid of low pay. It succeeded.

Hear me out: Blue books and in class exams are back, but let's be real: penmanship is so passé. I propose a disruptive, portable, innovation in classroom tech.

Paul Krugman and Arin Dube are on the same page. The Lisa Cook case is first and foremost about the rule of law. paulkrugman.substack.com/p/in-the-mat...

Some voices on the left and right have questioned central bank independence. Fair enough. Beyond inflation impact, there's also a matter of democratic principles. But arbitrary actions by an unchecked unitary executive can be deeply harmful for both independence and democratic accountability. 1/

This action by Lisa Cook is courageous, principled, and deserves broad support.

We either live in a country where the president is subject to the law or we don't.

This action by Lisa Cook is courageous, principled, and deserves broad support.

I think it's a mistake to think of the firing of Lisa Cook primarily in terms of Central Bank Independence, and its impact on the inflation rate. The most significant issue is also more basic: it's the rule of law.

Honestly, I have no idea how the markets will sort it out eventually. But here's the thing. No matter how the markets react, this is deeply troubling.

Seizing the commanding heights of the economy, all the while denouncing the scourge of socialism. www.nytimes.com/2025/08/13/t...

After a remarkable stretch when wage inequality fell substantially, wage growth at the bottom is now once again falling behind growth at the top. This is bad news for working class Americans. t.co/1hp5EE9up5