Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the Pitchfork Economics podcast with Nick Hanauer and David Goldstein.
In this week s episode of Pitchfork Economics, Hanauer and Goldstein spoke with Binyamin Appelbaum, the lead writer on business and economics for The New York Times, about the newspaper s change in opinion on the importance of a minimum wage.
Appelbaum says that although the NYT editorial board once sided with conventional wisdom that a minimum wage could be damaging to employers and jobs, research from the early 1990s on Pennsylvania (which did not raise minimum wage) and New Jersey (which did) showed that none of these presumed disastrous consequences took place.
Giveaway dates: Dec 18 - Dec 27, 2020
Countries available: U.S.
Bruce McCandless lives in Austin, the City of the Violet Crown, where he practices law and operates both the large hadron collider and the primitive linotype machinery of Ninth Planet Press (Motto: IMAGINATION IS NOT A CRIME). A native of Seabrook, near the Houston Ship Channel, Bruce studied History and Anthropology at the University of Texas and graduated with a degree from UT s Plan II honors p Bruce McCandless lives in Austin, the City of the Violet Crown, where he practices law and operates both the large hadron collider and the primitive linotype machinery of Ninth Planet Press (Motto: IMAGINATION IS NOT A CRIME). A native of Seabrook, near the Houston Ship Channel, Bruce studied History and Anthropology at the University of Texas and graduated with a degree from UT s Plan II honors program. His essays, short stories, and poems have been published in Pleiades, Seattle Review, The Tex
Charles Platiau/Reuters
Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the Pitchfork Economics podcast with Nick Hanauer and David Goldstein.
In this week s episode of Pitchfork Economics, Goldstein spoke with antitrust lawyer and author Michelle Meagher on the difficulties of holding wealthy corporations accountable for breaking the law.
Corporations do not follow the same rules as the rest of us, Meagher says, and are rarely incentivized to follow the law because large fines for breaking it won t necessarily hurt them.
While Facebook s fine of $5 billion for user privacy violations seems like a massive amount, Meagher says it wasn t a lot of money to the social media giant, and just something they considered the cost of doing business.