I wade into popular economics to interpret recent higher inflation rates, to see if there is any merit in being concerned. I remember my first savings account that my parents opened for me when I was a kid. It was … Read More … Read More
economics
How to find out how high the minimum wage should be
There used to be a link between minimum wage and worker productivity, but this has diverged since the 1960’s. It’s time to bring this back. Anyone can be making minimum wage. It’s like that Bill Hicks quote: “Anybody can be … Read More … Read More
You are no longer allowed to say you didn’t know your college degree wouldn’t pay off
College tuition in the US rises somewhere in the vicinity of 7% a year. Wage inflation rises between 1%-4%, depending on the source you consult and how good a year we’re having. This is clearly, mathematically unsustainable. You don’t … Read More … Read More
Is personal responsibility enough?
As should be pretty obvious by now if you’ve been reading for a while, you know that I’m a very big fan of taking responsibility for your own life, and specifically your finances. (And, if not, welcome!) I believe … Read More … Read More
You’re not getting a raise
Work hard, get a raise. That’s the plan, right? But let’s say that you’ve been granted a 3% raise for the year. In all seriousness, bravo! But it’s not really a raise. … Read More