The Flawed Congressional Budget Office Report on the Effects of Minimum Wage Increases |
Feb 20th, 2014
The Congressional Budget Office (“the CBO”) published a report on February 18, 2014, with its estimates of the effect of a federal minimum wage increase from $7.25 to $10.10. The headlines from the Report would appear to support the finding that the increase would cost 500,000 jobs, but would lift 9...
The “real” scoop on pharmacies, drug companies, and health insurance plans |
Feb 15th, 2014
One of the funniest comedians I ever saw in person was Robert Klein, back in 1973, when I was a law student at Harvard and he performed at the Passim Coffee House in Harvard Square. One remark he made that night comes back to me whenever I think about the healthcare industry. Klein’s comic style was...
Why do intelligent politicians support a minimum wage proposal that will kill jobs? |
Feb 7th, 2014
In the Thursday, January 30, 2014, issue of The Wall Street Journal, Michael Saltsman, a Research director at the Employment Policies Institute, wrote a well-argued Op-Ed piece entitled “The Employee of the Month Has a Battery.” He argues, as I have, that higher minimum wage laws are job killers. ...
Rapid increases in minimum wages: a bad idea for the people they are trying to help |
Jan 9th, 2014
The widening gap between what many Americans need for an acceptable standard of living and the income they are able to secure is a real problem, and I empathize with those who struggle every day to pay bills. Moreover, the decline in well-paying jobs for people with modest skills and educational attainment...
Nelson Mandela |
Dec 8th, 2013
The death of Nelson Mandela this past week ends the life of one of the handful of the most remarkable and admirable political figures of the last millennium. My wife Joyce and I were quite moved by our visit to Robbin Island, just outside Cape Town, South Africa, in 2008, where Mandela had spent most of...
Posted on Dec 17th, 2013 | 0 comments
The John F. Kennedy Assassination
I just finished reading a most insightful book called A Cruel and Shocking Act: The Secret History of the Kennedy Assassination. What made this book stand out from so many other books about the John F....
Posted on Oct 16th, 2013 | 1 comment
What made The Eagles soar?
From time to time, I write about very successful individuals, teams, groups, and organizations because I believe it is important for us to understand why certain people are more successful than everyone else....
Posted on Sep 19th, 2013 | 2 comments
Thank you, Sheila Bair
We are observing the five-year anniversary of one of the most tumultuous months in American economic history, September, 2008, when Lehman Brothers went bankrupt, and in which the entire developed world...
Posted on Sep 6th, 2013 | 0 comments
Pitney Bowes World Headquarters Sale
I applaud Pitney Bowes’ recent decision to sell its World Headquarters. In fact, I wish I had made it years ago. The Pitney Bowes World Headquarters was designed in the early 1980’s, when the Company’s...
Posted on Aug 29th, 2013 | 0 comments
The Decline of the Middle Class
Is the Middle Class worse off? As we celebrate Labor Day, there are many op-ed pieces being written about the decline of the American middle class, particularly the “blue collar” jobs that enabled tens of...
Posted on Aug 11th, 2013 | 0 comments
Performance enhancing drugs: what ca...
Given the recent suspensions of 13 Major League Baseball players as a result of the Major League Baseball investigation of the Biogenesis Clinic, I re-read a most insightful book called The Juice, written by...
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