Media clips

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• Herman Daly: A Economist Who Future Economists — and Societies — Will Dare Not Ignore

  A point of reference: Last year, the Economic Policy Institute reports, American corporate CEOs averaged 399 times the pay of our nation’s typical workers.

  Counter Punch November 10, 2022
• An Economist’s Chart Goes Viral: Shows Main Source of Inflation

  On April 21 Josh Bivens posted a titillating analysis on the Working Economics Blog. Bivens has a Ph.D. in Economics from the New School for Social Research and is the Director of Research at the Economic Policy Institute. The blog post was titled: “Corporate profits have contributed disproportionately to inflation. How should policymakers respond?”

  Counter Punch November 10, 2022
• Agency battling wage theft in California is too short-staffed to do its job

  California stands out among states for its efforts and policies to tackle wage theft given its union density, number of worker centers and public dollars committed to combating the problem, said David Cooper, a researcher who has studied wage theft at the left-leaning Economic Policy Institute, which is based in Washington, D.C.

  Union members accounted for 15.9% of wage and salary workers in California, compared to 10.3% nationally. That higher than average membership helps workers identify wage theft, Cooper said.

  “California has far more immigrants than a lot of other places, and we know that immigrants, and people of color generally, tend to more likely be victims of wage theft,” said Cooper, who is director of the institute’s Economic Analysis and Research Network, which coordinates nearly 60 state and local research and advocacy efforts nationally. 

  “Immigrants who are either undocumented, or may have family who are undocumented, are not going to speak up as vocally if their rights are being violated.”

  Cooper said the thousands of wage theft claims filed in California each year are likely an undercount of stolen pay cases.

  Cal Matters November 10, 2022
• By the numbers: Data drives national economist’s advocacy

  That emphasis remained as Jones flourished in her career. She became an economist at the U.S. Bureau of Economic Analysis, an analyst at the Economic Policy Institute, policy and research director at The Hub Project, and managing director for policy and research at Groundwork Collaborative before joining the Department of Labor. Her research has been cited in national media including The Economist, The Washington Post, The Review of Black Political Economy, The New Yorker, and Harper’s.

  Illinois State University November 10, 2022
• Colorado gig drivers make an average of just $5.49 an hour, study finds

  The study marks the latest attempt to quantify wages for gig workers, which can vary widely due to the range of ways to calculate costs, time and miles spent on the job. A 2018 study from the Economic Policy Institute showed Uber drivers make an average of $9.21 an hour, while another study that year found Uber and Lyft drivers made a median of $8.55 each hour before taxes.

  The Guardian November 10, 2022
• 3 Industries Affected By Racial Disparity And How It’s Being Addressed

  The coronavirus pandemic offered a stark reminder that these industries’ disproportionately nonwhite workforces remain vulnerable. An analysis by the Economic Policy Institute found that Black workers were much more likely to work in “frontline” roles within these sectors, and thus at higher risk of Covid-19 infection.

  Forbes November 10, 2022
• Nebraska Voters Approve $15 Minimum Wage

  The Economic Policy Institute estimated that the Nebraska measure would affect nearly 150,000 low-wage workers, or about 17% of the state’s workforce. The tight labor market and low unemployment during the pandemic have likely blunted the impact of such an increase, since many employers have already been forced to raise their wages in order to attract employees.

   
  Huffpost November 10, 2022
• Report: Big Shipping Companies’ Profits Increased 30,000 Percent Amid Inflation

  The report is drawn from testimony and evidence from left-leaning organizations like the Economic Policy Institute and the Roosevelt Institute, which have indeed found that corporations are in large part responsible for inflation.

  Truthout November 10, 2022
• Credit card debt is back up to pre-pandemic levels, says Equifax report

  That’s likely in part because many people still have more savings than they did before the pandemic, said Josh Bivens at the Economic Policy Institute. 

  “And plus, we still have a very strong job market, I think inflation’s convinced people this is a terrible economy for people,” he said.

  But, he said, it’s not — unemployment is low and there are still a lot of jobs to be found. 

  Marketplace November 10, 2022
• Why is the Democratic economic message such a hard sell?

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  https://www.ft.com/content/07d5c256-0d3a-400b-84f2-0fcc449e1e0d

  Inflation was always going to go up for a certain period of time after nearly half a century of easy money and outsourcing came to an end. Biden’s fiscal spending has little to do with the larger paradigm shift we are going through. And yet, Democrats are taking the heat for inflation, which is making it difficult for them to message all their gains. So, what do to? I’d suggest Democrats focus more on how they, not Republicans, are trying to rein in corporations. Josh Bivens, director of research for the left-leaning Economic Policy Institute, posted a blog that everyone should have a look at. As he puts it:

  Financial Times November 10, 2022